Local McDonald's owners pick new ad agency - chicagotribune.com
.
April 28, 2014
Support Your Local Operations Guy
While Crain's is certainly jumping the gun here it is interesting that for the first
time in decades there is no clear line of succession at McDonald's.
But, since they started the discussion - among these four the Franchise Equity Group
vote goes to Dave Hoffmann since he's the only one who (according to his bio) has
any real restaurant experience.
McDonald's CEO Thompson has no heir apparent - Crain's Chicago Business.
.
time in decades there is no clear line of succession at McDonald's.
But, since they started the discussion - among these four the Franchise Equity Group
vote goes to Dave Hoffmann since he's the only one who (according to his bio) has
any real restaurant experience.
McDonald's CEO Thompson has no heir apparent - Crain's Chicago Business.
.
April 26, 2014
Cashing In - Part Deux
On April 23rd McDonald's CEO Don Thompson exercised his option on 30,000
McDonald’s shares at a price of $25.31 per share. He sold all 30,000 shares on
the same day at $99.24 per share for a net of $2,217,900.
Added to shares sold in January his running net/net for the year is $4,271,100.
Also, last week, five other McDonald’s officers and directors exercised options
and sold shares for a net profit of $2,990,438.
McDonald's insider trading history is HERE
.
McDonald’s shares at a price of $25.31 per share. He sold all 30,000 shares on
the same day at $99.24 per share for a net of $2,217,900.
Added to shares sold in January his running net/net for the year is $4,271,100.
Also, last week, five other McDonald’s officers and directors exercised options
and sold shares for a net profit of $2,990,438.
McDonald's insider trading history is HERE
.
April 25, 2014
April 24, 2014
Forbes on Minimum Wage
"The reality is this campaign for higher
wages is simply a push to redistribute income
from business owners to workers and a ploy to convince workers to unionize"
Living Wage Advocates Need To Understand Most McDonald's Are Small Businesses
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from business owners to workers and a ploy to convince workers to unionize"
Living Wage Advocates Need To Understand Most McDonald's Are Small Businesses
.
April 23, 2014
Comedians on Fox News Stand Up for Happy Meals
If you haven't seen Red Eye on Fox News you're not using your TiVo correctly.
McDonald's takes gender labels out of Happy Meals | Fox News Video
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McDonald's takes gender labels out of Happy Meals | Fox News Video
.
CEO's Comment on McDonald's High-Density Menu
From the transcript:
"When you have a number of builds in the restaurant, basically what you are doing is
you are leveraging the various condiments and products in the restaurant to build those sandwiches. If you can go to a more streamlined menu board approach and then still
have those comments or condiments, so the customers can customize a bit, it will help
in terms of reducing if you will, complexity."
This makes no sense - Customization will create more complexity and will only create
more problems.
.
"When you have a number of builds in the restaurant, basically what you are doing is
you are leveraging the various condiments and products in the restaurant to build those sandwiches. If you can go to a more streamlined menu board approach and then still
have those comments or condiments, so the customers can customize a bit, it will help
in terms of reducing if you will, complexity."
This makes no sense - Customization will create more complexity and will only create
more problems.
.
McDonald's Reports Earnings
This week McDonald's Corporation released their results for 1st Quarter 2014.
Management conducted the usual conference call with investors and analysts. As
usual the Q&A with analysts is the most interesting part of the webcast.
One can listen to the 60 minute webcast HERE
Or read a transcript of the webcast HERE
(E-mail registration required)
.
Management conducted the usual conference call with investors and analysts. As
usual the Q&A with analysts is the most interesting part of the webcast.
One can listen to the 60 minute webcast HERE
Or read a transcript of the webcast HERE
(E-mail registration required)
.
April 22, 2014
April 21, 2014
April 19, 2014
Why Subway Doesn't Serve a $14 Reuben Sandwich
"If McDonald's could raise burger prices by 40% without losing customers,
it would have done so already without input from Messrs. Obama and Perez.
But customers are price sensitive."
.
Opinion from the WSJ
..
it would have done so already without input from Messrs. Obama and Perez.
But customers are price sensitive."
.
Opinion from the WSJ
..
April 18, 2014
Restaurants Focus on Throughput as a Growth Strategy
Restaurants focus on throughput as a growth strategy - NRN
This article quotes from one of our Operator surveys:
“The problem is not how to best ‘work around’ menu complexity, but how to eliminate it,”
said one unnamed franchisee in Kalinowski’s report. “Our business is far too difficult to
manage, especially for folks who are new to the system. … This has significantly affected
service times, employee morale and retention. Guys at the top need to figure this out, and fast.”
.
This article quotes from one of our Operator surveys:
“The problem is not how to best ‘work around’ menu complexity, but how to eliminate it,”
said one unnamed franchisee in Kalinowski’s report. “Our business is far too difficult to
manage, especially for folks who are new to the system. … This has significantly affected
service times, employee morale and retention. Guys at the top need to figure this out, and fast.”
.
April 15, 2014
April 14, 2014
April 10, 2014
McDonald's Operators Fund Spike in MCD Share Price
"Analysts noted this (free coffee) deflected attention away from Taco Bell's nationwide
breakfast debut."
Why McDonald's (MCD) Stock Hit Highest Point Since July - TheStreet
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breakfast debut."
Why McDonald's (MCD) Stock Hit Highest Point Since July - TheStreet
.
April 9, 2014
April 8, 2014
Yum Targets Chick-fil-A With Chicken Concept Store
"Some restaurants have decreased the number of menu items in the past year and are
planning to do so in 2014,"
Yum Targets Chick-fil-A With Chicken Concept Store in Texas - Advertising Age
.
planning to do so in 2014,"
Yum Targets Chick-fil-A With Chicken Concept Store in Texas - Advertising Age
.
April 7, 2014
Pizza Promises
Due to a family vote we’ve switch from Papa Johns to Pizza Hut. So far this
year we’ve
ordered four times on the Pizza Hut web site. Every time we receive an E-mail
confirmation with an big, bold
headline promising that our order will arrive at a very
specific time - always 30 minutes from the
time the E-mail is sent.
All four orders have have arrived late, 30 to 45 minutes after the time
promised. But
that’s OK, we didn’t need it any sooner and it’s always been hot and fresh.
What I find interesting is that we are actually ordering from the national
Pizza Hut
website and our order is then transmitted to the local Pizza Hut location. During that
process Pizza Hut
is promising us something that the local franchise can’t accomplish.
Isn’t that the same as a hamburger chain junking up and complicating the
restaurant's
menu and then not be able to figure out why the system can’t meet service and other standards?
Or maybe the people running Pizza Hut have never run real restaurants and
don’t know
how much it turns customers off when they over-promise an under-deliver (pun intended).
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April 4, 2014
April 3, 2014
April 2, 2014
McDonald's Store Growth
For McDonald's Operators looking for our previous post on store growth in the USA,
the post is HERE
.
the post is HERE
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