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McDonald's Launches Effort To Attract More Diversity In Franchisees

McDonald’s is launching a $250 million, five-year initiative to increase the number of minority-owned franchisees. The chain has 39,000 restaurants worldwide, including 14,000 in the U.S., of which 93% are franchised. The fast-food giant said Asian, Black and Hispanic owners represent 29.6% of its U.S. franchisees, while women account for 28.9%.

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