What Makes Business Leaders Influential in 2025?
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
April 12, 2021: –McDonald’s is closing hundreds of restaurants inside Walmart as customers increasingly shop online and opt for the drive-thru window.
On Friday, the big-box retailer confirmed that the fast-food chain would have nearly 150 locations that remain all around its 3,570 SuperCenters. That has gradually decreased over the years from a peak of almost 1,000 locations.
Many Walmart shoppers buy their groceries online and have them dropped in their trunks in the parking lot or delivered to their homes, freeing them from the need to step inside stores. Walmart’s e-commerce sales in the U.S. increased by 79% in the recent fiscal year.
Chains such as Sweetgreen, Shake Shack, and Chipotle Mexican Grill have announced their plans to bring even more drive-thru lanes as customers prefer the convenient and contact-free way.
McDonald rushed their plans to close the restaurants while the pandemic. In a call with investors in July, Chief Financial Officer Kevin Ozan said the fast-food chain would accelerate closures expected in the coming years, including over 100 Walmart locations with a low volume of business.
Walmart plans to convert former McDonald locations into other restaurants and services, including some with a more regional feel or unique spin, Walmart spokeswoman Molly Blakeman said.
She said it is testing locations with Yum Brand’s Taco Bell and Domino’s Pizza. In other stores, she told space has become different types of shops that offer a wide range of products, from tool rentals to hair braiding.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
Corporate leaders often navigate turbulent waters where failure is not just a possibility but an inevitable part of the journey …
Corporate leaders play a pivotal role in shaping organizational cultures that embrace diversity and foster inclusivity. How can these …
Corporate leaders occupy a unique vantage point in the business world, offering insights and guidance shaped by their …
January 22, 2025: Brazil experienced a devastating wildfire surge in 2024, with 30.8 million hectares (119,000 square miles) of land destroyed
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
January 21, 2025: The UK government has stated it has “no plans” to ban TikTok, even as the U.S. moves forward
January 20, 2025: Los Angeles is grappling with the aftermath of wildfires that have ravaged vast areas, destroyed homes,
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you