Plans by fast-food giant McDonald’s to raise prices on its menu have been under fire, with the company forced to refute allegations that poorer suburbs – where consumers are more willing to pay more – will receive the bulk of price hikes. News Limited newspaper reports suggested the fast food restaurant chain would make the biggest changes to menu item prices based on socio-economic factors. “In general, the poorer suburbs will pay more,” a McDonald’s franchisee... ...Read more »

McDonald’s Australia last night reported that Catriona Noble had been promoted to the position of Managing Director, making her the likely candidate for the Chief Executive role when it next becomes available. Ms Noble first began working with the fast food chain over two decades ago when she was just 14 and has worked in a number of positions including her current role as Chief Operating Officer. Current Chief Executive, Peter Bush, suggested the move was “a part of our succession planning”. Ms... ...Read more »