October 29, 2020
"Only five of the 10 CEOs on Eater’s list openly donated to political causes — mostly via
their company PACs. Just one CEO, Chris Kempczinski of McDonald’s, donated exclusively
to Democrats, giving $2,500 to Joe Kennedy’s Massachusetts campaign for U.S. Senate.
Most of the other donations went to Republican candidates and PACs."
Which Politicians Are America’s Largest Fast-Food Chains Donating To?
October 28, 2020
October 25, 2020
In 2014 Bloomberg published an article titled "Burger King is Run by Children" because
BK CEO Daniel Schwartz was only 36 years old and most of his management team was
even younger. It appears that in the six years since nobody at Burger King has grown up.
Who could think that QSR customers are interested in hassling with paying a deposit on
cups and packaging and then bringing it back to recover their deposit.
In addition, the world's population will emerge from the pandemic as more "germaphobic".
Products and processes we found acceptable in 2019 will be unacceptable in 2021. That
includes cups and packaging that were supposedly sanitized enough for repeated reuse.
Can Burger King's reusable packaging change fast food forever? - MarketWatch
And yet McDonald's Corp. is monkeying around in the same arena.
October 22, 2020
October 21, 2020
October 20, 2020
October 16, 2020
At the end of this article the National Restaurant Association lists a few of the impacts
if the election follows the polls as they stand today.
If the election goes wrong, at the end of 2021, the United States will look more and more like California. By 2024 the United States could look more and more like Venezuela.
Restaurants, Down $200 Billion Already, Prepare for Election Fallout - QSR magazine
"IRS issued a ruling that business expenses paid with forgiven PPP funds could not be written off as normal tax deductions."
Restaurants with forgiven PPP loans could face a tax wallop
October 14, 2020
I first met Bob 20+ years ago when I was trying to expand my franchising knowledge.
He's still fighting the good fight.
October 11, 2020
October 9, 2020
On November 9th McDonald's will Corp. will host an expanded, virtual investor
update with analysts. Unless thoroughly covered in the formal presentation the
analysts will be asking two basic questions.
* When will all the dining rooms be open? * When will you bring back All Day Breakfast?
ADB was so over-hyped that every profile on Steve Easterbrook mentions that he
was the guy who brought ADB to McDonald's USA. This puts management in a
tough spot. They can't downplay the "success" of ADB and admit to the hype in
previous years. And they can't tell analysts, "The franchisees won't let us".
McDonald's weighs the return of all-day breakfast - The Gazette