Starbucks bitter earnings report doesn't seem to have fazed its investors
January 31, 2024
January 26, 2024
Everybody Wants to be A "Growth Company"
Jack-in-the-Box may, in fact, be one. CEO says they have "tremendous white space across the USA."
Industry veterans will remember that Jack tries to push east every 15-20 years. It doesn't work out, and they retrench back west, saying, "Never mind."
January 25, 2024
January 23, 2024
Another Review of CosMc's
January 20, 2024
"Experts" Pronounce CosMc's a Success
After a month in business.
January 19, 2024
January 18, 2024
Can We Agree, This EV Thing is About Over?
January 17, 2024
January 16, 2024
When You Get Really Big, Who's Your Buyer?
Your franchisor, of course - RBI (BK), to buy Carrol Group's 1,000 BK stores
"Burger King ultimately plans to refranchise the restaurants to “smaller franchise operators who live in their local communities.”
January 15, 2024
January 10, 2024
Government Relations is a Dirty Business
The promotion of Sam Tatevosyan and the hiring of Melissa Walsh in McDonald’s government relations means that McDonald’s Corp’s political activities will follow the same old political direction. While it’s good to know that Tatevoyan once worked for a Republican Senator, he also spent eight years at an extremely left-wing D.C. lobbying firm. How does one swim in that liberal swamp and come out truly believing in free enterprise and entrepreneurship?
Melissa Walsh has spent much of her time working on government affairs, but it appears that her career focus has been on philanthropy and fundraising. In other words, liberals employing liberals to give money to other liberals. She and her wife should have no trouble fitting into the Woke McDonald’s corporate culture.
Both of these folks have had exciting careers, but that’s just the point. Our National politics have changed dramatically in the past few years. Just because someone was in government affairs or lobbying ten years ago doesn’t mean they understand what’s going on today.
Who knew, just a few years ago, that we would have powerful politicians working to defund the police, purposefully turning major cities into homeless encampments, erasing our international borders, and siding with the terrorists during international conflicts? And on and on. Who has the skills to work with people like that? If these trends continue, Government Relations will be nothing but bribery and influence peddling. None of it will be for the good of the country.
While McDonald’s Corp employs people who claim they can work in these spaces, McDonald’s Owner/Operators should admit to themselves that they don’t really understand today's politics. That might be why, if I understand the reports, about 40% of Owner/Operator contributions and expenditures go to the liberal left and their party.
That might have worked at the turn of the century, but today, it’s feeding the anti-American beast.
Boston Market - This Isn't Really Franchising
If McDonald's opens too many new stores in the wrong places this might be the solution.
Just give them away.
January 9, 2024
Are We Still Saying "ROFL"?
This will speed up their drive-thru times
Starbucks to use reusable cups in drive-thru
Also:
Starbucks accused of rigging payment systems to increase profits