July 30, 2013
Unions, Economics, and the McDouble
"Driving up McDonald’s wage costs would drive up the price of burgers
for millions of poor people."
Kyle Smith: Liberals say they care about the poor but drive up their cost of living - NYPOST.com
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for millions of poor people."
Kyle Smith: Liberals say they care about the poor but drive up their cost of living - NYPOST.com
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Carl’s Jr., Hardee’s Owner Exploring Possible Sale
Every time these smaller chains change hands it sets them back a few steps.
Report: Carl’s Jr., Hardee’s owner CKE Restaurants Holdings Inc. exploring possible sale - Nation's Restaurant News
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McDonald's Reigns as Top QSR Brand
"Chick-fil-A continues to thrive on deep customer loyalty, shown in the
fact that it had better systemwide sales than KFC at about a third of
that brand's restaurants."
McDonald's Reigns as Top QSR Brand - Convenience Store News
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fact that it had better systemwide sales than KFC at about a third of
that brand's restaurants."
McDonald's Reigns as Top QSR Brand - Convenience Store News
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July 25, 2013
July 24, 2013
July 23, 2013
Don Thompson Discusses MCD Q2 2013 Results
McDonald's Corporation (MCD) CEO Discusses Q2 2013 Results - Earnings Call Transcript - Seeking Alpha
Or - Here's the recorded conference call with analysts
As always the Q&A with analysts is very interesting.
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Or - Here's the recorded conference call with analysts
As always the Q&A with analysts is very interesting.
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July 22, 2013
July 19, 2013
July 18, 2013
Tim Hortons’ Doughnuts Fail to Score in U.S.
"Activist investors say the $664 million U.S. expansion over the last decade
has been a waste. At stake may be a forced retreat from a market that
promises the Oakville, Ontario-based company potential growth as it
reaches saturation at home."
Bloomberg Reports:
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has been a waste. At stake may be a forced retreat from a market that
promises the Oakville, Ontario-based company potential growth as it
reaches saturation at home."
Bloomberg Reports:
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July 17, 2013
McDonalds' Minimum Wage Gaffe
A myth has developed (perpetuated by unions) that the minimum wage
is supposed to be a living wage and employees should be able to buy a
house and raise three kids. Given that - what was Oak Brook thinking?
McDonalds' Minimum Wage Gaffe - WSJ video
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is supposed to be a living wage and employees should be able to buy a
house and raise three kids. Given that - what was Oak Brook thinking?
McDonalds' Minimum Wage Gaffe - WSJ video
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July 16, 2013
Which Employers Must Pay the New 'PCORI' Fee?
Concannon & Miller has posted an article informing employers that they may
face a July 31st deadline to pay a new fee, known as the PCORI fee, required
under the Affordable Care Act. This fee is not part of The Employer Mandate
which has been delayed until 2015, and therefore the new requirement may
take some employers by surprise. And, while the fee could be small, there are
of course penalties for failing to comply.
Article is HERE:
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face a July 31st deadline to pay a new fee, known as the PCORI fee, required
under the Affordable Care Act. This fee is not part of The Employer Mandate
which has been delayed until 2015, and therefore the new requirement may
take some employers by surprise. And, while the fee could be small, there are
of course penalties for failing to comply.
Article is HERE:
.
July 8, 2013
Senseless in Chicago
McDonald's Operators have expressed shock and dismay at two of the quotes in the BusinessWeek article.
Chef Dan says:
“When I first joined, it was all about time, speed, profitability,” he
says.
“I thought, Hold on—let’s talk about food."
On McWraps, someone named Kasey Short says:
“We’re willing to take a little longer,” Short says. “When customers know products are
made for them, they’re willing to wait a little longer.”
That second comment is just delusional - when a customer opens the door,
sees a line, and turns around and leaves or when I decline to becomes the 12th car in the drive-thru line it's not
because we know that McWraps take a long time to make. It's the totality of the service experience and the
complexity of the McDonald's menu is making that experience less and less acceptable.
Decision makers at McDonald's should have spent time in real McDonald's
restaurants, working with real crew people, and dealing with real McDonald's customers. Oh, and getting real input from
McDonald's Operators.
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July 6, 2013
July 5, 2013
Why the McWrap Is So Important to McDonald's
As for the notion that McDonald’s should encourage some kind of foodie culture, Adams sighs. He’s heard it before. “McDonald’s management, once they get to a certain level—I think it’s when they get a limo—they no longer want to be hamburger guys. They want to be restaurateurs.”
Why the McWrap Is So Important to McDonald's - Businessweek:
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Jonathan Maze (writes for Franchise Times) on Twitter
I think profit pressure is pushing store managers to cut corners, leading to service problems. At McDonalds, too many items causing probs.
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July 2, 2013
July 1, 2013
New corn supply larger than expected
USDA: New corn supply larger than expected | Commodities Watch content from Nation's Restaurant News: "USDA said this year’s (new) corn crop would total 97.4 million acres — the most since 1936 and a slight increase from last year."
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