McDondald's commits to more franchising

McDonald's CEO Jim Skinner has announced the corporations plans "to make a bigger commitment to franchising" by dropping its network ownership to under 30 per cent in the UK, Canada and other major markets.

"At the same time, we believe it is critical to own and operate a certain number of restaurants," says Skinner. "We call it 'skin in the game'. We are in the restaurant business. We are obligated to run credible restaurants."

The corporation currently owns 9,405 of more than 32,000 McDonald's restaurants around the world.
Article published on: 23rd Feb 2007

Get in touch with McDonald’s:

Please complete the short form below to request more information from McDonald’s. This form will register your details with European Franchising. If you have already registered, just enter your details below and we will log you in.

Please note that we do not recommend or endorse any opportunity featured on this site and suggest that you seek independent financial advice before investing in any franchise or business opportunity.

McDonald’s
Click here to request more information from McDonald’s
View more articles and information about McDonald’s