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Middle east crisis weighs on McDonald's sales in West, South India & it's not 'lovin it'

Times of India LogoTimes of India2w ago

Middle east crisis weighs on McDonald's sales in West, South India & it's not 'lovin it' - Times of India

Quick Summary:

McDonald's sales in West and South India have been severely impacted by geopolitical unrest, with some locations experiencing a 50% drop in sales.

The decline is attributed to the ongoing conflict in the Middle East and its impact on consumer sentiment towards American brands.

As part of its ongoing struggle, Westlife Foodworld is grappling with heightened competition from local food chains and the broader macroeconomic pressures of food inflation.


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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 21:09:19 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 848 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23465551

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 18 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

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The story "Middle east crisis weighs on McDonald's sales in West, South India & it's not 'lovin it'" was covered 2 weeks ago by Times of India, a news publisher based in India.

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Times of India is a fully independent (privately-owned) news outlet established in 1838 that covers mostly economy and business news.

The outlet is headquartered in India and publishes an average of 18 news stories per day.

It's most recent story was published 6 hours ago.

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  • News ID: #23465551
  • URL: https://beamstart.com/news/middle-east-crisis-weighs-on-17310194176485

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