March 21, 2020

Most Press Says MCD Giving Franchisees a $$$ Break

But the corporate press release says: "We are working with franchisees around the world in order to promote financial liquidity (e.g. rent deferrals) during this period of uncertainty."

news.mcdonalds.com/news-release-details/our-focus-supporting-franchisees-crew-and-communities
.

4 comments:

Anonymous said...

And those headlines are exactly why McDonald’s gives money to Democratic PAC’s. Guaranteed media support.

Anonymous said...

Postponing rent for a few months is part of a one sided strategy that Corp has put into place. They know we will be struggling with debt service, that they put on us, during this crisis. Instead of reducing or canceling rent they want us to “talk to our lenders”. Which is a clear signal that they want us operators to help influence our banks to ask for federal relief instead of them asking for it themselves. Let the banks deal with it so they don’t have to look bad publicly.

Richard Adams said...

McDonald's Corp gives Owner/Operator money to Democratic PACs and the Operators keep contributing. Go Figure.
.

Anonymous said...

like a moth to a flame...…...