Mark Kalinowski: Wendy’s Rolling Out New Cheeseburger:
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June 27, 2013
June 26, 2013
June 25, 2013
June 24, 2013
June 22, 2013
BurgerBusiness: McDonald's Puts Innovation on its Menu
Oh good, more new menu items will certainly solve the service problems at McDonald's.
"The focus on continued innovation was a recurring theme during the company's two-day "Open Doors" event for journalists this week. BurgerBusiness.com was one of just two U.S. news organizations invited to take part.":
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June 21, 2013
McDonald’s to Spend $1 Billion In Store Facelifts
Oak Brook continues to tell investors that "face lifts" produce a sales
increase of 6% to 7%. And, while the company talks about spending
over a billion $$$ on these face lifts it never gets mentioned that the
Operators spend multiple billions on top of the corporate capex.
Wall Street Cheat Sheet reports HERE
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increase of 6% to 7%. And, while the company talks about spending
over a billion $$$ on these face lifts it never gets mentioned that the
Operators spend multiple billions on top of the corporate capex.
Wall Street Cheat Sheet reports HERE
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June 19, 2013
June 18, 2013
June 14, 2013
June 12, 2013
Comment by Attorney Carmen Caruso from Linkedin
Enlightened Franchisors Should Support The Statutory Duty of Good Faith In The Pending California Legislation.
The need for a statutory duty of good faith is to make clear that franchisors cannot attempt to negate the common law duty of good faith and fair dealing that already exists in most jurisdictions. Good faith and fair dealing is a minimal legal duty -- it is not a fiduciary duty, and it does not tie the franchisor's hands unfairly. No one should ever want to do business with someone who reserves to himself the supposed right to act in bad faith. Franchisor attorneys who try to reserve that right for their clients are hurting thefranchising business model and ultimately they are hurting their own clients. Current franchise agreements tend to be so one-sided that they scare away intelligent and well-capitalized individuals who might otherwise be attracted to franchising. Enlightened franchisors should get behind this effort to raise the bar on franchising "best practices."
June 11, 2013
The Problem With McDonald's' New Premium Menu Options
From the article:
The same-store sales figure is fickle at best. For instance, the month of May included an additional Friday, rather than a Tuesday. Jefferies analyst Andy Barish notes the former is a busier time. “That 2.4% growth in the US is more like 1.4% when you compare apples to apples and account for trade day shifts,” he adds.
“The real nirvana for this company is if they can sell premium products but also drive traffic and value. Those two things run incongruously – when you promote value, it’s hard to drive a premium product,” Barish adds.
The Problem With McDonald's' New Premium Menu Options - Forbes
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The same-store sales figure is fickle at best. For instance, the month of May included an additional Friday, rather than a Tuesday. Jefferies analyst Andy Barish notes the former is a busier time. “That 2.4% growth in the US is more like 1.4% when you compare apples to apples and account for trade day shifts,” he adds.
“The real nirvana for this company is if they can sell premium products but also drive traffic and value. Those two things run incongruously – when you promote value, it’s hard to drive a premium product,” Barish adds.
The Problem With McDonald's' New Premium Menu Options - Forbes
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June 10, 2013
June 6, 2013
June 3, 2013
Oak Brook Approves Sexy, Juvenile Song Lyrics for CBS Sitcom
Its lyrics include:
"Secret sauce / drive thru lovin', drive-drive thru lovin' / booty shake booty shake / you didn't get me enough ketchup packets."
"It ain't the meat it's the motion."
Can't believe it? Read more HERE
(Watch the video)
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"Secret sauce / drive thru lovin', drive-drive thru lovin' / booty shake booty shake / you didn't get me enough ketchup packets."
"It ain't the meat it's the motion."
Can't believe it? Read more HERE
(Watch the video)
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June 1, 2013
McDonald's CEO Presents at the Sanford Bernstein 2013 Strategic Decisions Conference
Can a McDonald's Operator help us understand this McSpeak?
In his prepared remarks Don Thompson states,
"it’s important to note that the dollar menu continues to represent about
13% to 14% of our overall sales."
But in response to a later question he says,
"three out of four customers will use that $1 menu in some form or fashion,
whether it’s adding on a product to an extra value meal or making up their
whether it’s adding on a product to an extra value meal or making up their
own meal out of it. That’s about 46% of the people to you that actually
make up a meal. So we’ve got to make sure that we have a good balance
of both of those."
make up a meal. So we’ve got to make sure that we have a good balance
of both of those."
I'm not sure how that "three out of four customers" and the 46% relate
to each each other but in any case how can the usage of the Dollar Menu
be that high and still only represent "13% to 14% of overall sales"?
to each each other but in any case how can the usage of the Dollar Menu
be that high and still only represent "13% to 14% of overall sales"?
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