McDonald's Franchisees: Turnaround Plan Is a 'Farce'
Posted in: UncategorizedMcDonald’s has found itself in the hot seat lately, with everything from sagging sales to the “Fight for $15” protests that seek to raise wages for hourly workers.
Now McDonald’s appears to also have some unrest among its franchisees, according to the latest franchisee survey from Janney Capital Markets analyst Mark Kalinowski. According to a report Mr. Kalinowski wrote, franchisees’ six-month outlook for McDonald’s U.S. business is the worst in the survey’s 11-year history.
Likewise, franchisees rate the relationship between them and corporate the worst they’ve seen since the survey began, with multiple operators giving comments like, “”Relations between McDonald’s Corporation and the operators [franchisees] are the worst I have ever seen!”
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