August 12, 2020
August 9, 2020
August 7, 2020
August 5, 2020
July 31, 2020
Competitive Update - There Will Be Less Of It
Technomic projects that about 11,000 units of the Top 500 chains will go dark.
Thousands of units are being closed sooner than they might have been without the pandemic - Restaurant Business
.
Thousands of units are being closed sooner than they might have been without the pandemic - Restaurant Business
.
July 30, 2020
ADB says, "I'll Be Back"
Translated, this comment by Bloomberg's analyst Michael Halen means "Franchisee
profit be damned, bring back all-day breakfast".
“McDonald’s kind of underperformed a little bit early on in the pandemic. I think part
of that was the fact that they halted their all-day breakfast to kind of help to improve franchisee margins and throughput at the drive-thru during lunch and dinner times."
- Michael Halen
But we can't blame analysts. For four years they've been told ADB was a huge success.
It's now official Wall Street lore and management can't go back and say, "ADB was not a
big deal".
McDonald's Earnings Disappoint, Starbucks Beats - Restaurant Engine
.
profit be damned, bring back all-day breakfast".
“McDonald’s kind of underperformed a little bit early on in the pandemic. I think part
of that was the fact that they halted their all-day breakfast to kind of help to improve franchisee margins and throughput at the drive-thru during lunch and dinner times."
- Michael Halen
But we can't blame analysts. For four years they've been told ADB was a huge success.
It's now official Wall Street lore and management can't go back and say, "ADB was not a
big deal".
McDonald's Earnings Disappoint, Starbucks Beats - Restaurant Engine
.
