September 29, 2017

Too Many Restaurants in the USA - Dunkin' CEO






Smartest British CEO in restaurant industry

8 comments:

Anonymous said...

There are AT LEAST 1000 McDonalds that need to be closed. Probably 1400 if you include Walmarts.

Good luck getting permission to close. Modern & Progressive

Anonymous said...

Exactly right!! So many MCD restaurants that should have never been built. MCD said they were building them so our competitors could not get a foot hold in these trading areas. Well competitors came anyway. The result over the years IS that the supply of the Fast Food product far exceeds the demand. Even now MCD wants to keep expanding where it makes little or no sense to do so. They make really bad decisions. I mean really bad.

Anonymous said...

REMEMBER THIS- even if you have a money losing ,low volume store, MCDONALDS STILL MAKES GUARANTEED INCOME OFF IT !

Anonymous said...

Coming from a CEO who has massvie expansions plans for their brand out west! I love how CEO’s all blame whatever they can when their stock is down; it’s always the weather, to many restaurants, etc. etc. they never say we expanded too much.

Richard Adams said...

This is one of the many reasons McDonald's management considers the smaller Operators to be a "liability". The Operator can't afford to keep the unnecessary stores open. If McDonald's is leasing the property they probably have a fixed rent but still get their percentage rent and service fees from the Operator.

Anonymous said...

I was out west on vacation.

I visited IN/OUT in California. Busier than you know what. Burgers, frys, drinks and shakes. THATS IT
Went by neighboring MCD almost empty lots with a few cars in DT. 2 for 5, 1.00 drinks, chicken, salads, signature, frappes
MCCafe, smoothies, breakfast, discounted menu (all that and can't compete). Something is wrong with that scenario. Do we
need tenders, table service, mobile to combat IN/OUT now? Plan on going back the first part of the year expect to see the
same things.

WHATS THE DEAL RICHARD, YOU LIVE OUT THERE. CHICK FIL A as well no discounting JUST CHICKEN
Not in California, but in the south.

Right about the previous post MCD still gets the 8.50 rent, 4.00 service fees and 4.00 advertising no matter the sales of these
unneeded restaurants.






Anonymous said...

Great! Starbucks and Dunken do the right thing CLOSE! Your staff and customers will be fine, we will gladly hire your staff and managers and take good care of your customers. Be responsible... get it done.

Anonymous said...

MCD still gets the 8.50 rent, 4.00 service fees and 4.00 advertising no matter the sales of these unneeded restaurants. TRUTH BE TOLD