Smartest British CEO in restaurant industry
September 29, 2017
September 28, 2017
September 26, 2017
Is McDonald's Corp. Running Out Of People?
Less than a month ago Oak Brook's Pajama Boy sent out an E-mail listing a number of "retirements" by long term corporate employees. Among the retirees was a Jeff Wilfong
from the Northwest Region.
This week the word is out that the same Jeff Wilfong will be the new GM in Raleigh.
If McDonald's has any kind of bench why would they need to cancel someone's retirement
to staff a VP position?
Downsizing is tricky, sometimes you go too far. Especially when you know so little about
the business you're downsizing.
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from the Northwest Region.
This week the word is out that the same Jeff Wilfong will be the new GM in Raleigh.
If McDonald's has any kind of bench why would they need to cancel someone's retirement
to staff a VP position?
Downsizing is tricky, sometimes you go too far. Especially when you know so little about
the business you're downsizing.
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September 25, 2017
It's McDelivery Monday
Look at it this way, McDonald's Operators could be losing even more money on deliveries.
Amazon charges restaurants 30% for delivery!
Amazon's restaurant delivery service still needs to solve one major problem
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Amazon charges restaurants 30% for delivery!
Amazon's restaurant delivery service still needs to solve one major problem
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September 24, 2017
September 23, 2017
McNews From Small Town Iowa
This article caught my eye because:
* Growing up in Sioux Falls SD I had family in several of the towns mentioned here.
* The selling Operator, Steve Jackson, and I did our time in MCOPCO and Field Service
at the same time in what was then the San Diego Region.
* The buyer says they were "selected" to buy Jackson's stores. I presume that means
"selected" by McDonald's Corp.
Whatever happened to putting stores on the open market, competition, negotiations ???
Local News: ‘This is going to be our home base’
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* Growing up in Sioux Falls SD I had family in several of the towns mentioned here.
* The selling Operator, Steve Jackson, and I did our time in MCOPCO and Field Service
at the same time in what was then the San Diego Region.
* The buyer says they were "selected" to buy Jackson's stores. I presume that means
"selected" by McDonald's Corp.
Whatever happened to putting stores on the open market, competition, negotiations ???
Local News: ‘This is going to be our home base’
.
September 21, 2017
September 20, 2017
McDonald's Taps Publicis.Sapient, Capgemini for Global IT
I've not even tried to keep up with the reshuffling of McDonald's USA ad agencies
but this one looks interesting. The new digital agency will hire about 100 current
McDonald's employees thereby reducing McDonald's overhead. Then, going forward,
Capgemini might be asked to bill McDonald's Operators for digital services currently
being funded by McDonald's Corp.
Thoughts?
McDonald's Taps Publicis.Sapient, Capgemini for Global IT | Agency News - AdAge
.
but this one looks interesting. The new digital agency will hire about 100 current
McDonald's employees thereby reducing McDonald's overhead. Then, going forward,
Capgemini might be asked to bill McDonald's Operators for digital services currently
being funded by McDonald's Corp.
Thoughts?
McDonald's Taps Publicis.Sapient, Capgemini for Global IT | Agency News - AdAge
.
September 19, 2017
McDonald's "Comeback" Hits Smaller Chains Hardest
Jonathan Maze is one of the best financial writers covering the restaurant industry
which is why so many of his articles show up on this website. But, on this topic I think
he's missed a fine point.
Over the past two winters (2015/2016 and 2016/2017) sales at the national QSR chains
have been helped by extremely mild winters in the Northeast and Northern Midwest.
The smaller regional chains would not have benefited from the mild weather, especially
the large number of smaller chains that have grown up in the South or the Western U.S.
In'N Out, Jack-In-The-Box, or Sonic wouldn't have benefited from this weather pattern.
Chick-fil-A maybe a little, but they are still mostly in southern and now western areas.
It kind of proves my theory when Jonathan points out that Burger King and Wendy's did
a pretty good job of keeping up with McDonald's. Of course they did, they also have a
high penetration of stores in the states where winter weather matters.
Opinion from NRN's Jonathan Maze
.
which is why so many of his articles show up on this website. But, on this topic I think
he's missed a fine point.
Over the past two winters (2015/2016 and 2016/2017) sales at the national QSR chains
have been helped by extremely mild winters in the Northeast and Northern Midwest.
The smaller regional chains would not have benefited from the mild weather, especially
the large number of smaller chains that have grown up in the South or the Western U.S.
In'N Out, Jack-In-The-Box, or Sonic wouldn't have benefited from this weather pattern.
Chick-fil-A maybe a little, but they are still mostly in southern and now western areas.
It kind of proves my theory when Jonathan points out that Burger King and Wendy's did
a pretty good job of keeping up with McDonald's. Of course they did, they also have a
high penetration of stores in the states where winter weather matters.
Opinion from NRN's Jonathan Maze
.
September 18, 2017
September 15, 2017
September 13, 2017
Stupid Wall Street Tricks
On Tuesday morning a research firm raised an alarm about McDonald's third quarter
earnings being harmed by hurricanes Harvey and Irma. Just because a few hundred stores
are closed McDonald's shares dropped more than $5.00. How silly.
Of course having 300 or 400 stores closed will impact earnings short term but this says
nothing about McDonald's "momentum" or future same store sales trends. This only
impacts the short term investors who were planning on taking some action based on third
quarter results to be released on October 24th.
During my years operating Franchise Equity Group I've learned a lot about how Wall Street
functions and count many analysts as friends. But, it's a dysfunctional process and not a
great place to trust with our money. IMHO
Again, these closures tell us nothing about the long term future of McDonald's USA.
Marketwatch article is HERE
Crain's Chicago Business reports HERE
.
earnings being harmed by hurricanes Harvey and Irma. Just because a few hundred stores
are closed McDonald's shares dropped more than $5.00. How silly.
Of course having 300 or 400 stores closed will impact earnings short term but this says
nothing about McDonald's "momentum" or future same store sales trends. This only
impacts the short term investors who were planning on taking some action based on third
quarter results to be released on October 24th.
During my years operating Franchise Equity Group I've learned a lot about how Wall Street
functions and count many analysts as friends. But, it's a dysfunctional process and not a
great place to trust with our money. IMHO
Again, these closures tell us nothing about the long term future of McDonald's USA.
Marketwatch article is HERE
Crain's Chicago Business reports HERE
.
September 12, 2017
Management Erasing McDonald's History
Every day there's new evidence that, because management has little history with
McDonald's, they pretend it was all a mistake and they need to "reinvent" the system.
Libertyville fighting McDonald's efforts to modernize retro building
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September 11, 2017
Dunkin' Simplifying - McDonald's Getting More Complicated
"The challenge for Dunkin' is that it's not the chain known as a coffeehouse (that's Starbucks) and it's not the cheapest choice (that's McDonald's). To combat that problem, Dunkin' Brands is staking out a place as being the chain that offers quick service both through technology and by offering a streamlined menu."
How Dunkin' Donuts Has Changed in the Past Year
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How Dunkin' Donuts Has Changed in the Past Year
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