There's been some good discussions on these previous posts:
Thompson on Minimum Wage
Cashing In Continued
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May 31, 2014
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May 29, 2014
May 28, 2014
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Form 8-K for MCDONALDS CORP
27-May-2014
Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Sta
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Timothy Fenton will retire from McDonald's Corporation (the "Company") on June 30, 2014. In connection with his retirement, the Compensation Committee of the Board of Directors of the Company agreed to waive certain notice and service requirements pursuant to the terms of his outstanding compensation awards. These waivers will permit Mr. Fenton, upon retirement, to qualify for retirement treatment pursuant and otherwise subject to the terms of his respective awards, and in addition, with respect to his 2014 stock option and RSU awards, he will receive credit for service through March 1, 2015. Mr. Fenton will also receive a lump-sum payment of $375,000, payable on December 30, 2014.
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May 27, 2014
May 25, 2014
Thompson: "Increase in Minimum Wage OK With Me"
"You know, our franchisees look at me when I say this and they start to worry: 'Don, don't
you say it. Don't you say we support $10.10,'" Thompson said. "I will tell you we will
support legislation that moves forward."
Are Oak Brook approved unions next?
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you say it. Don't you say we support $10.10,'" Thompson said. "I will tell you we will
support legislation that moves forward."
Are Oak Brook approved unions next?
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May 24, 2014
May 23, 2014
May 22, 2014
May 21, 2014
Organized Labor Destroys Everything They Touch
But they have been successful in changing the perception of the minimum wage from
"entry level" to "a living wage". But what's a living wage? Can employees buy a home?
How many cars does that include? 19 or 40 inch flat screen? Sonic or Ruth's Chris?
"entry level" to "a living wage". But what's a living wage? Can employees buy a home?
How many cars does that include? 19 or 40 inch flat screen? Sonic or Ruth's Chris?
May 20, 2014
Critics of supersized CEO pay face uphill fight at McDonald's
"For too many CEOs, it's heads I win, tails I win," said New York City Comptroller Scott Stringer
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Don Thompson made $9.5 million in 2013, down from $13.8 million in 2012
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Don Thompson made $9.5 million in 2013, down from $13.8 million in 2012
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May 19, 2014
May 15, 2014
Chipotle Shareholders Vote Down Executive Pay Plan
Chipotle's two top leaders had a combined compensation of nearly $50 million last year.
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Chipotle Shareholders Vote Down Executive Pay Plan - WSJ.com
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May 14, 2014
Cashing In Continued
On May 9 Tim Fenton sold 9,938 McDonald's shares @ $102.36 for a net of $1,017,253.
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May 13, 2014
May 9, 2014
May 7, 2014
May 6, 2014
When I Get Where I'm Going
Restaurant magazines and websites are bursting with articles about digital payment and
ordering. Unfortunately many are lumping the two things together as one process.
The truth is, major QSRs should have mobile payment now, not next year. Starbucks was
an early adopter of mobile payment that now represents 14 percent of their sales.
The mobile ordering part can come along later because it’s unlikely that pre-ordering is
The mobile ordering part can come along later because it’s unlikely that pre-ordering is
going to work in a quick service restaurant. I’ve talked to many McDonald’s Operators
about this idea and we all have years of experience doing things like making up a 100
sandwich order for the local Little League only to have the team parent show up 45 min.
late for the pickup.
The reason? Customers just don’t know when they are going to get to McDonald’s or any
The reason? Customers just don’t know when they are going to get to McDonald’s or any
other QSR. There are just too many variables in our lives. Pre-ordering is fraught with
expenses for the restaurant and disappointments for the customer.
Should QSRs eventually have digital pre-ordering? Maybe, but it’s hard to see how it
Should QSRs eventually have digital pre-ordering? Maybe, but it’s hard to see how it
could ever be a significant sales builder. If pre-ordering was an opportunity for chains like
McDonald’s why hasn’t there been internet ordering? The technology has been available
for a decade or longer.
The danger is this arena is that the people designing these systems are most often unfamiliar
The danger is this arena is that the people designing these systems are most often unfamiliar
with what goes on in a QSR and don’t know the difference between a hamburger / chicken
chain and a Pizza Hut. Unfortunately most of the decision makers on the corporate side aren’t restaurant people. Some chains will try to combine payment, ordering , social media, and loyalty rograms into one big platform that will end up crashing like a health care website.
The time has come for mobile payment but only people who don’t understand QSRs will
plunge into mobile ordering.
plunge into mobile ordering.
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