Latest news with #JoeChiczewski
Time of India
06-07-2025
- Business
- Time of India
McDonald's to open 30-50 new stores across Australia in 2025 to fill restaurant gaps as fast food market shows promising growth
McDonald's Australia CEO Joe Chiczewski has said that the company is set to open up to 50 new stores at new locations across the country in 2026. He said that the decision has been taken with the main focus to address 'restaurant gaps' across Australia. 'We're going to open more restaurants over the next 12 months,' Chiczewski told 'That is a key priority for our growth strategy. Not just the next 12 months, but over the next few years,' he said. This decision of McDonald's, one of the world's biggest fast food chains, comes at a time when many experts believe that the Australian fast food market is set to witness continued growth in 2025 with the success of several established brands and the rise of exciting newcomers, according to Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo Chiczewski further signalled that Perth may see a large number of new restaurants. 'I would expect over the next 12 months that we would open somewhere between 30 and 50 restaurants,' he said. 'We're absolutely committed to continuing to invest in the Aussie community.' According to Sky News Australia, there are currently 1,050 McDonald's stores across the country. This comes as McDonald's announced on Thursday, July 3, 2025, that the franchise would lock the prices of select popular menu items to help Australians struggling with the cost of living. Live Events Chiczewski stated that items such as the McSmart meal would remain $7, and Loose Change Menu items would remain $4. 'My commitment to Australian customers is clear: 24 hours a day, seven days a week, 365 days a year, you can count on us for great value at Macca's,' he said, Sky News Australia reported. 'We're kicking off a year of value with a 12-month price promise on our McSmart Meal and Loose Change Menu. Since launching the McSmart meal, we're selling 600,000 McSmart meals a week,' he further stated. The announcement comes after the Fair Work Commission's ruling that McDonald's workers in South Australia are now able to negotiate better pay with their union and the franchise. Australia's fast food market size According to the IMARC Group, known for sector-specific research and consulting solutions, the Australian fast food market size reached USD 18.0 billion in 2024. The Group has projected that the market will reach USD 26.0 billion by 2033, exhibiting a growth rate (CAGR) of 4.12% during 2025-2033.
Economic Times
06-07-2025
- Business
- Economic Times
McDonald's to open 30-50 new stores across Australia in 2025 to fill restaurant gaps as fast food market shows promising growth
AP McDonald's Australia CEO Joe Chiczewski has said that the company is set to open up to 50 new stores at new locations across the country in 2026. McDonald's Australia CEO Joe Chiczewski has said that the company is set to open up to 50 new stores at new locations across the country in 2026. He said that the decision has been taken with the main focus to address 'restaurant gaps' across Australia.'We're going to open more restaurants over the next 12 months,' Chiczewski told 'That is a key priority for our growth strategy. Not just the next 12 months, but over the next few years,' he decision of McDonald's, one of the world's biggest fast food chains, comes at a time when many experts believe that the Australian fast food market is set to witness continued growth in 2025 with the success of several established brands and the rise of exciting newcomers, according to Chiczewski further signalled that Perth may see a large number of new restaurants. 'I would expect over the next 12 months that we would open somewhere between 30 and 50 restaurants,' he said. 'We're absolutely committed to continuing to invest in the Aussie community.' According to Sky News Australia, there are currently 1,050 McDonald's stores across the country. This comes as McDonald's announced on Thursday, July 3, 2025, that the franchise would lock the prices of select popular menu items to help Australians struggling with the cost of living. Chiczewski stated that items such as the McSmart meal would remain $7, and Loose Change Menu items would remain $4. 'My commitment to Australian customers is clear: 24 hours a day, seven days a week, 365 days a year, you can count on us for great value at Macca's,' he said, Sky News Australia reported.'We're kicking off a year of value with a 12-month price promise on our McSmart Meal and Loose Change Menu. Since launching the McSmart meal, we're selling 600,000 McSmart meals a week,' he further stated. The announcement comes after the Fair Work Commission's ruling that McDonald's workers in South Australia are now able to negotiate better pay with their union and the to the IMARC Group, known for sector-specific research and consulting solutions, the Australian fast food market size reached USD 18.0 billion in 2024. The Group has projected that the market will reach USD 26.0 billion by 2033, exhibiting a growth rate (CAGR) of 4.12% during 2025-2033.
Yahoo
04-07-2025
- Business
- Yahoo
McDonald's Australia plans 30 to 50 new store openings
McDonald's Australia is set to expand its footprint with between 30 and 50 new stores in the country in the 12-month period to July 2026, as reported by quoting NewsWire. McDonald's Australia CEO Joe Chiczewski expressed his commitment to investing: 'I would expect over the next 12 months that we would open somewhere between 30 and 50 restaurants. We're absolutely committed to continuing to invest in the Aussie community.' Chiczewski highlighted the city of Perth as a key area for potential new restaurant openings. Alongside the expansion, he announced plans for menu innovations over the next year, describing them as 'choiceful innovation.' McDonald's Australia has introduced a price freeze on select menu items for 12 months to attract cost-conscious customers. The McSmart Meal, which includes two hamburgers, fries and a drink for under A$7 ($4.61), will maintain its price for twelve months. Prices on items on the Loose Change menu, which have been set at A$4 or below, will also remain unchanged. Sausage McMuffins will be sold for A$4, hamburgers will remain at A$2, frozen Cokes at A$1 and soft serve ice creams at 50 cents. Chiczewski added: 'Like many Australian businesses, we've experienced rising costs over the past five years, driven by inflation and other economic factors. And yes, that means some of our menu prices have increased - we're not denying this. 'However, our focus and commitment remain unchanged - keeping our menu as accessible and affordable as possible for our customers. 'Our price promise on the McSmart Meal and Loose Change Menu is at the core of this commitment and ensures we can keep serving up Macca's favourites for less.' In August 2024, McDonald's Australia expanded its Quarter Pounder range with the addition of two new versions of the burger. "McDonald's Australia plans 30 to 50 new store openings" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
03-07-2025
- Business
- Daily Mail
BREAKING NEWS McDonald's announces huge plan for Australia - as it reveals major price freeze
McDonald's will leave its budget menu prices unchanged for a year as the company reveals its ambitious expansion plans. Chief Executive Officer Joe Chiczewski on Thursday said the McSmart Meal, which includes two burgers, fries and a drink, would remain at $6.95 for the 12-month period. 'In today's cost-of-living climate, we know the promise of value matters more than ever to our fans across Australia,' Mr Chiczewski said. 'My commitment to Australian customers is clear, 24 hours a day, seven days a week, 365 days a year, you can count on us for great value at Macca's.' The CEO revealed McDonald's sells more than 600,000 McSmart Meals each week. Prices on the Loose Change menu, which are all $4 or less, will also remain unchanged for the same period. Sausage McMuffins will cost $4, hamburgers will remain at $2 and frozen Coca-Cola drinks will go for $1. 'It's also available at every single one of our locations nationwide, whether you're dining in, driving (through), or ordering through the MyMacca's app,' he said. 'Our focus and commitment remain unchanged, keeping our menu as accessible and affordable as possible for our customers,' CEO Joe Chiczewski (above) said McDonald's Australia operates more than 1,050 stores nationwide after launching down under in 1971. When it first opened, hamburgers sold for 20c. Mr Chiczewski said the business strived to keep meals 'accessible and affordable'. 'Like many Australian businesses, we've experienced rising costs over the past five years, driven by inflation and other economic factors,' he said. 'And yes, that means some of our menu prices have increased - we're not denying this. 'However, our focus and commitment remain unchanged, keeping our menu as accessible and affordable as possible for our customers. 'Our price promise on the McSmart Meal and Loose Change Menu is at the core of this commitment and ensures we can keep serving up Macca's favourite for less.' The CEO later revealed McDonald's would open between 30 and 50 further locations across the country in the next 12 months. He said there were lucrative 'restaurant gaps' in regions around the nation. 'We're going to open more restaurants over the next 12 months,' he said. 'That is a key priority for our growth strategy. Not just the next 12 months, but over the next few years. 'I would expect over the next 12 months that we would open somewhere between 30 and 50 restaurants.'
Sky News AU
03-07-2025
- Business
- Sky News AU
Australia set for fast food boost at McDonalds CEO announces '30 to 50' new stores nationwide
McDonald's Australia boss has revealed up to 50 new stores will open across the country in the next year. CEO Joe Chiczewski made the announcement on Thursday morning, and said the main focus of the new locations will be to address 'restaurant gaps' across Australia. 'We're going to open more restaurants over the next 12 months,' he said. 'That is a key priority for our growth strategy. Not just the next 12 months, but over the next few years.' Mr Chiczewski hinted Perth may see a large number of new restaurants. 'I would expect over the next 12 months that we would open somewhere between 30 and 50 restaurants,' he said. 'We're absolutely committed to continuing to invest in the Aussie community.' There are currently 1,050 McDonald's stores across Australia. It comes as McDonald's announced on Thursday the franchise would lock the prices of select popular menu items, in an effort to help Australians struggling with the cost of living. Mr Chiczewski said items such as the McSmart meal would remain $7, and Loose Change Menu items would remain $4. 'My commitment to Australian customers is clear, 24 hours a day, seven days a week, 365 days a year, you can count on us for great value at Macca's,' he said. 'We're kicking off a year of value with a 12-month price promise on our McSmart Meal and Loose Change Menu. 'Since launching the McSmart meal, we're selling 600,000 McSmart meals a week.' Mr Chiczewski previously held the role of McDonald's Australia's chief restaurant officer. The announcement follows the Fair Work Commission's ruling this week that McDonald's workers in South Australia are now able to negotiate better pay with their union and the franchise.
