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McDonald's restaurants put foreign worker program on hold, conducts audit

VICTORIA - McDonald's Canada says temporary foreign workers are a necessary part of the fast-food chain's business model, but its use of the federal jobs initiative is now on hold until the company satisfies itself and Canadians that it doesn't abuse the program. Stung by recent criticism of its use of temporary foreign workers, McDonald's senior vice-president of human resources Len Jillard said Wednesday that the program is being halted while an audit by a third party determines if there have been violations or abuse of workers — foreign or Canadian.

McDonald's profit falls, U.S. diners not 'lovin' it'

By Lisa Baertlein (Reuters) - McDonald's Corp <MCD.N> is getting back to basics after a string of disappointing quarterly results in its home market of the United States, which accounts for 30 percent of overall revenue. The fast-food giant has reported roughly two years of turbulent sales at established U.S. restaurants due to sluggish economic growth, stiffer competition and internal missteps that have complicated menus and slowed service.

McDonald's CEO: No impact from breakfast competition, cites 'taco shops'

NEW YORK, N.Y. - McDonald's apparently isn't scared by a waffle taco. Without specifying names, McDonald's CEO Don Thompson said during a conference call Tuesday that the company hasn't seen any impact from the "most recent competitor" in the breakfast space. In apparent references to Subway and Taco Bell, he also noted that McDonald's seems to face new rivals every year in the mornings, whether they're "sandwich shops or taco shops."

McDonald's 1st-quarter profit slips as sales remain weak; April 'modestly positive'

NEW YORK, N.Y. - McDonald's is fighting to hold onto customers in the U.S. The world's biggest hamburger chain said sales at established U.S. locations fell 1.7 per cent in the first three months of the year as guest counts declined. After a decade of consistent growth, sales also declined last year as McDonald's struggled to roll out an array of new menu items and fend off competitors. CEO Don Thompson said in call with analysts and investors Tuesday that the company is working to improve its operations and marketing in key regions, including the U.S.

Danish website turns homes into take-away restaurants

A Danish website is turning private homes into take-away restaurants by letting users advertise what they are cooking, when and for what price. "Sometimes I only put one serving up for sale, sometimes up to 20. It depends on what I'm making and how much time I have," said Ana Teresa Salas, a 32-year-old consultant from Copenhagen. The website, Dinnersurfer.dk, is sometimes described as a restaurant version of the popular lodging site Airbnb, on which homeowners make their spare rooms or unoccupied dwellings available to paying lodgers for a fee.

Correction: Restaurant Sales story

NEW YORK, N.Y. - In a story April 17 about restaurant sales, The Associated Press reported erroneously that the average sales in a Starbucks location in 2013 was $13.1 million. It was $1.31 million, according to an estimate by restaurant industry tracker Technomic. A corrected version of the story is below: How Chipotle's average sales per restaurant rank How Chipotle's average sales per restaurant rank compared with other chains By CANDICE CHOI AP Food Industry Writer Chipotle restaurants are ringing up more sales than ever before.

El Pollo Loco picks Jefferies, Morgan Stanley for IPO: sources

By Olivia Oran and Greg Roumeliotis (Reuters) - El Pollo Loco Inc has selected investment banks Jefferies Group LLC and Morgan Stanley to lead an initial public offering of the private equity-owned fast-food chicken chain later this year, according to people familiar with the matter. The move makes El Pollo Loco the latest among several private equity-backed restaurant chains hoping to go public this year amid strong demand by stock market investors hungry for exposure to the fast-growing casual dining sector.

Victoria McDonald's blacklisted amid foreign workers controversy

VICTORIA - Three Victoria McDonald's restaurants were put on a federal blacklist Monday for alleged abuses of the Temporary Foreign Worker Program, prompting the fast food chain to move quickly to cut ties with the franchise owner. Federal Employment Minister Jason Kenney also suggested criminal charges could result against the owner if he lied on the original application to employ temporary foreign workers.

Taco Bell continues teasing McDonald's with 'Old MacDonald' tune in new ad

NEW YORK, N.Y. - Taco Bell is taking another jab at McDonald's in a new ad for its breakfast menu. The fast-food chain will begin airing a TV spot that is set to the tune of "Old MacDonald Had a Farm" and shows a man who has been eating Egg McMuffins since 1984. After trying Taco Bell's breakfast, the man trims his mullet, switches to tighter pants, gets a smartphone and takes down his "Loverboy" poster.

McDonald's giving out free coffee for limited time as fast-food breakfast rivalry heats up

NEW YORK, N.Y. - McDonald's is offering free coffee to its customers for a limited time as competition for the breakfast crowd intensifies. The world's biggest hamburger chain announced Friday that participating U.S. locations will offer small cups of McCafe coffee at no charge during breakfast hours from March 31 through April 13. McDonald's said that this is the first time it's ever had a free coffee event nationwide. Its McCafe product line, which also includes iced coffees and other drinks, debuted in the U.S. in 2009.
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