Did franchisee resistance force him out?
Or, maybe, when your only ideas are more and more discounting you become useless?
McDonald's launching "McValue" next year
“We worked closely with our franchisees to create a new platform that will let our customers define value on their own terms.” Pres. MCD USA
Let's not get too excited. California's history is that the voters speak, and the elected officials go around the voters and pass bad laws anyway. Or, the bureaucrats in Sacramento make up regulations that have the force of law.
Measure would have raised wage to $18, highest in the nation
With the sanctimonious talk about the American diet, here are two of the most popular entertainers in our culture today.
Country Western Star Jelly Roll and rapper Lizzo. Good examples for our youth, right?
Related to the onion outbreak:
The Wall Street Journal reports that McDonald's is "investing about $35 million into marketing for its U.S. business" and "a total of $65 million into supporting franchisees who have lost business."
Mr. Charlies is often referred to as the vegan McDonald's
Parent company of Mike Tyson’s cannabis brand buys vegan franchise
"Among c-store operators who consider their foodservice programs to be in direct competition with QSRs, three-quarters said they are specifically concerned about McDonald’s value meal offerings on their own traffic and sales for foodservice"
Elon Musk on DEI: “Do you want to fly in an airplane where they prioritized DEI hiring over your safety? That is actually happening,” Musk said on X.
In a subsequent post, Musk wrote: “People will die due to DEI,”
Boeing dismantles DEI department - NY Post
Attempting to Convince Shareholders that QSRs are a Growth Industry
* In most chains, new stores typically pay higher franchise fees and royalties than older stores.
* As Wendy's has acquired many franchisees over the years, the corporation has likely developed a real estate portfolio that needs trimming. In many locations, a QSR is not the highest and best use of a property. Wendy's (and other chains) can close the store, sell the property, and book a tidy gain. Let the franchisee pay to build a new store down the street and pay higher fees.
