Pushed by the nation's largest franchise owner. It's about time this got some coverage.
Newsom donor benefitting from $20 exemption for restaurant bakeries - FOX News
February 29, 2024
February 28, 2024
Wendy's CEO: "Did I say That? ... I Didn't Say That!"
Corporate CEOs often get in trouble trying to impress analysts and investors on quarterly conference calls. In this case, Wendy's new CEO implied the company might use dynamic pricing in the future. In the case of McDonald's, the CEO has recently implied that he, and he alone, would do something about "value" and menu pricing in the restaurants.
"We didn’t use that phrase, nor do we plan to implement that practice,”
February 26, 2024
Wendy's About to Make a Big Mistake
Daypart offerings? That's OK ... Dynamic pricing? HUGE mistake
A Wendy’s burger may sell at a higher price point during a busy lunch rush
February 23, 2024
Union's Day of Action Against Starbucks
I've always thought Howard Schultz was among the dumbest people in American business. With the liberal, left-wing directions he's taken Starbucks, it's amazing he's built such a vast company and survived. But what do you get when you build a company based on your liberal "woke" policies and staff it with people who agree with your politics?
You get a Union Shop; that's what you get.
Starbucks unions stage a national day of action against chain
February 22, 2024
February 21, 2024
Fun With Numbers
Fast food stands up to economic headwinds - QSR magazine
You may have to sign up for a free subscription.
February 20, 2024
Who is This "Chef"?
Since the Internet's early days, when AOL and Yahoo first began providing chat or comment functions on their financial pages, there have been wackos insisting that the meat patties on McDonald's sandwiches were getting smaller.
If the patties had shrunk over the years as much as these numskulls claim, there would be nothing but air between the sesame buns.
And now a former "chef" claims that it's true? This guy must have left McDonald's with a lot of money since he won't make much by being famous on social media.
February 17, 2024
McDonald's and McKinsey - Anonymous Opinion
Have you seen the video of Missouri Senator Hawley's grilling of the CEO of McKinsey in the US Senate? (https://www.youtube.com/
February 16, 2024
February 15, 2024
Speaking of Best Lines...
From this week's NOA message:
"Driving sales without improving cash flow is not a path franchisees can afford to travel."
Will that fit on a T-shirt in the NOA merchandise store?
Vote for Higher Minimum Wage?
This paper was sent in by an NOA friend, expanding our discussion about voters and the "living wage."
Describing an MIT study, this is the best line:
"However, White adds, “people could be changing their attitude toward government and what government can do for them, because they just learned that government can raise their pay."
February 12, 2024
California Senate Candidate Proposes $50 Minimum Wage
California Congresswoman Barbara Lee wants to mandate inflation
The USA has finally crossed the economic Rubicon. For decades, the minimum wage was a training wage for unskilled people. But it is now a “living wage” where the employees should make enough to have a home or apartment, a car, and several flat-screen TVs. Oh yeah, and be able to support a spouse and a few kids.
And this isn’t just about California. There are politicians all over the country as ignorant as Congresswoman Lee. This concept will continue to spread nationally, and politicians will be able to buy votes by promising the masses that the government has the power to legislate their standard of living.
The new approach to the “minimum wage” may be the most inflationary thing to ever happen to the domestic economy.
February 10, 2024
February 8, 2024
February 7, 2024
February 5, 2024
MCD Investor Conference Call Transcript - Year End 2023
Read or listen to what management says about franchisees
Q4 2023 Earnings Conference Call February 5, 2024 - SeekingAlpha
