September 21, 2016

McDonald’s High Growth President Leaves Chain

Another accountant bites the dust - NRN reports
.

What's Up With OPNAD?

Why all the arm twisting to get OPNAD back in the discounting and price fixing business?

In about forty days McDonald's USA is going to be up against one of the balmiest, warmest, zero snow winters in recorded history. Management knows that a normal or even a mild 
winter could send sales negative. As usual the only Oak Brook answer is more discounting 
and couponing.

Can OPNAD stand up to the pressure?
.

Chipotle is losing customers to McDonald's




Business Insider reports

September 15, 2016

Speaking of McDonald's Operators

It's been 2 weeks since stunning changes in McDonald's USA management were announced. 
While I haven't communicated with every McDonald's Operator I've heard from enough to 
form a consensus of their opinions about the move:

1 - Appointing a new hire with ZERO McDonald's operational experience as President of McDonald's USA indicates that management and the board of directors no longer prioritize 
Quality, Service, Cleanliness, or restaurant profitability.

2 - Appointing someone with ZERO franchising experience as President of McDonald's USA indicates that management and the board of directors has no respect for the Operator community or interest in relations with that community. Any yokel can handle McDonald's Operators.

3 - It doesn't really matter because McDonald's USA presidents come and go so fast they 
don't have much impact on the system. The real damage will be done by the people who 
made this decision.
.

Hamburger Intelligence

RBC analyst David Palmer on industry trends.
.

September 14, 2016

HONG KONG (Reuters) - Fast-food giant McDonald's Corp (MCD.N) has received final offers from at least three bidding groups for its China and Hong Kong outlets, with global private equity firms Carlyle Group (CG.O) and TPG Capital teaming up with Chinese partners for the business worth up to $3 billion, sources told Reuters.
Carlyle has joined with Chinese state conglomerate CITIC Group, while TPG has teamed up with mini-market operator Wumart Stores on their separate bids, said the sources, who declined to be named.
Real estate firm Sanpower Group also made an offer for the assets. The company has previously said it was teaming up with Beijing Tourism Group.
TPG and Carlyle declined to comment on their final bids, while CITIC, Wumart and Sanpower didn't return requests for comment during a holiday in mainland China.
McDonald's reiterated a previous comment that it is making progress in finding a long-term partner for the assets.
.