Latest news with #LooseChange
Time of India
06-07-2025
- Business
- Time of India
McDonald's to open 30-50 new stores across Australia in 2025 to fill restaurant gaps as fast food market shows promising growth
McDonald's Australia CEO Joe Chiczewski has said that the company is set to open up to 50 new stores at new locations across the country in 2026. He said that the decision has been taken with the main focus to address 'restaurant gaps' across Australia. 'We're going to open more restaurants over the next 12 months,' Chiczewski told 'That is a key priority for our growth strategy. Not just the next 12 months, but over the next few years,' he said. This decision of McDonald's, one of the world's biggest fast food chains, comes at a time when many experts believe that the Australian fast food market is set to witness continued growth in 2025 with the success of several established brands and the rise of exciting newcomers, according to Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo Chiczewski further signalled that Perth may see a large number of new restaurants. 'I would expect over the next 12 months that we would open somewhere between 30 and 50 restaurants,' he said. 'We're absolutely committed to continuing to invest in the Aussie community.' According to Sky News Australia, there are currently 1,050 McDonald's stores across the country. This comes as McDonald's announced on Thursday, July 3, 2025, that the franchise would lock the prices of select popular menu items to help Australians struggling with the cost of living. Live Events Chiczewski stated that items such as the McSmart meal would remain $7, and Loose Change Menu items would remain $4. 'My commitment to Australian customers is clear: 24 hours a day, seven days a week, 365 days a year, you can count on us for great value at Macca's,' he said, Sky News Australia reported. 'We're kicking off a year of value with a 12-month price promise on our McSmart Meal and Loose Change Menu. Since launching the McSmart meal, we're selling 600,000 McSmart meals a week,' he further stated. The announcement comes after the Fair Work Commission's ruling that McDonald's workers in South Australia are now able to negotiate better pay with their union and the franchise. Australia's fast food market size According to the IMARC Group, known for sector-specific research and consulting solutions, the Australian fast food market size reached USD 18.0 billion in 2024. The Group has projected that the market will reach USD 26.0 billion by 2033, exhibiting a growth rate (CAGR) of 4.12% during 2025-2033.
Perth Now
02-07-2025
- Business
- Perth Now
$7 or less: Maccas' big promise to Aussies
McDonald's will lock its prices on a range of popular menu items for 12 months in a bid to keep cost-conscious customers rolling through its stores. CEO Joe Chiczewski announced the price lock on Thursday, casting it as a move to help Australians power through the cost-of-living crisis that has crushed spending power for millions in the aftermath of Covid. 'In today's cost-of-living climate, we know the promise of value matters more than ever to our fans across Australia,' he said. 'My commitment to Australian customers is clear, 24 hours a day, seven days a week, 365 days a year, you can count on us for great value at Macca's.' The price lock is for the McSmart Meal, which includes two hamburgers, fries and a drink for $6.95. Prices on the Loose Change menu, all set at $4 or below, will also remain in place for 12 months. The McDonald's McSmart Meal will be price locked at $7 for 12 months. Supplied Credit: News Corp Australia Sausage McMuffins will sell for $4, hamburgers will go for $2, frozen cokes for $1 and soft serve ice creams for 50c. The company sells more than 600,000 McSmart Meals a week, Mr Chiczewski said. 'It's also available at every single one of our locations nationwide, whether you're dining in, driving-thru, or ordering through the MyMacca's app,' he said. 'No gimmicks, no catches, just real McDonald's value.' McDonald's Australia, a division of the larger New York-listed McDonald's Corp, boast 1050 restaurants nationwide. It has been operating in Australia since 1971, when its burgers sold for 20c. McDonald's Australia CEO Joe Chiczewski said the price lock was part of a commitment to keep his restaurants 'accessible and affordable'. Supplied Credit: News Corp Australia Mr Chiczewski said keeping its products 'accessible and affordable' had remained a constant for the business. 'Like many Australian businesses, we've experienced rising costs over the past five years, driven by inflation and other economic factors,' he said. 'And yes, that means some of our menu prices have increased – we're not denying this. 'However, our focus and commitment remain unchanged, keeping our menu as accessible and affordable as possible for our customers. 'Our price promise on the McSmart Meal and Loose Change Menu is at the core of this commitment and ensures we can keep serving up Macca's favourites for less.'
Yahoo
24-02-2025
- Entertainment
- Yahoo
Trump Slams ‘Racist' Joy Reid, Says Comcast's Brian Roberts Should Pay for ‘Damage to Country'
President Donald Trump mocked longtime MSNBC anchor Joy Reid for losing her show on Sunday, saying the 'mentally obnoxious racist' should have been 'canned' years ago. The president also had digs ready for Comcast boss Brian Roberts, Rachel Maddow, Al Sharpton and Alex Wagner, who is also set to lose her job as an MSNBC anchor, during a late night Truth Social post on Sunday. 'Lowlife Chairman of 'Concast,' Brian Roberts, the owner of Ratings Challenged NBC and MSDNC, has finally gotten the nerve up to fire one of the least talented people in television,' Trump said about Reid. 'Based on her ratings, which were virtually non-existent, she should have been 'canned' long ago, along with everyone else who works there.' Reid has been hosting shows on MSNBC since 2011, including 'The ReidOut,' which has been airing at 7:00 p.m. ET since 2020. But that is set to end, with 'The ReidOut' airing its final episode this week following changes made by new MSNBC president Rebecca Kutler. The 56-year-old Reid made headlines in 2018 when she apologized for an old blog of hers that contained a post from 2007 in which she photoshopped the head of John McCain onto the Virginia Tech shooter and another where she promoted the 9/11 conspiracy film 'Loose Change.' The blog also contained homophobic posts — which Reid first suggested were placed there by a hacker. She has made a number of incendiary comments in recent years as well, including a claim in 2021 that conservatives would trade tax breaks to 'openly say the n-word.' And last summer, she said she would vote for President Joe Biden even if he was in a 'coma' in order to 'keep Hitler out of the White House,' referring to Trump. The president, in his Truth Social post, then took a shot at Wagner for losing her role as a host during the 9 p.m. spot Tuesday-Friday. 'Also thrown out was Alex Wagner, the sub on the seriously failing Rachel Maddow show. Rachel rarely shows up because she knows there's nobody watching, and she also knows that she's got less television persona than virtually anyone on television except, perhaps, Joy Reid,' President Trump said. He continued: 'Then there's, of course, the LOW IQ Con Man, Al Sharpton, who has, perhaps, the lowest TV ratings in the history of television. What is he doing to Brian Roberts to stay on the air? This whole corrupt operation is nothing more than an illegal arm of the Democrat Party.' MSNBC's ratings took a big hit following the 2024 election, but have enjoyed a recent increase, following the president's inauguration. The president also said the network should be 'forced to pay vast sums of money for the damage they've done to our Country. Fake News is an UNPARDONABLE SIN!' The post Trump Slams 'Racist' Joy Reid, Says Comcast's Brian Roberts Should Pay for 'Damage to Country' appeared first on TheWrap.
