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In November 2002, McDonald's closed all its locations in that country, [40] due to cultural rejection from citizens and the government, but especially due to losses from franchisee Arcos Dorados, enabling its exit from the Bolivian market effective November 30, 2002, [41] making Bolivia and Cuba the only Latin American countries without ...
In South Korea, McDonald's pays part-time employees $5.50 an hour and is accused of paying less with arbitrary schedule adjustments and pay delays. [95] McDonald's former CEO, Steve Easterbrook, earned an annual salary of $1,100,000. [96] In 2015, Easterbrook had a base salary of $1.3 million and received $15.4 million in total compensation. [97]
The McDonald's restaurant was located on a US Naval Air Station and was thus exempt from the law. When the base closed in 1995, the restaurant was required to do likewise. 1 3 Bolivia November 21, 1997 November 30, 2002 Closed due to poor sales and high prices. McDonald's has since attempted to reenter the Bolivian market, but with little ...
In 2018, McDonald’s announced a $6 billion plan to modernize its U.S. restaurants (which today number nearly 14,000), with planned updates to furniture, décor, exteriors and kiosks. The menu ...
The McDonald's in Pangyo, South Korea, is the first fast-food chain in Asia to sell this unexpected item.
The now iconic logo had its start in 1952, when the McDonald's brothers were interviewing architects to design the first McDonald's location, reports The Daily Meal.
See Cuba–South Korea relations. Both countries established diplomatic relations on 12 July 1949, Cuba was the first country that recognize South Korea in Latin America. There was no official-level diplomatic relation between the Cuba and South Korea from 1 January 1959 to 14 February 2024. Despite this there has been unofficial interactions ...
President John F. Kennedy widened the embargo in 1962 to include all Cuban trade, including food and medicine. Kennedy later imposed travel restrictions to Cuba after the Cuban Missile Crisis in 1963.