Paul Ziobro at CNNMoney.com reports that McDonald Corp.'s (MCD) fourth-quarter profit jumped 23%, topping Wall Street expectations as same-store sales rose in all its regions for the quarter. Of note is McDonald's U.S. … [Read more...]
Nigel Travis on CNBC: Economy & Increased Competition
December 12, 2009 By Leave a Comment
Dunkin' Donuts, the world's largest coffee and baked goods chain, has seen increased competition lately with McDonald's McCafe and Tim Horton's growing presence in the US. Nigel Travis, CEO of Dunkin Donuts, discusses … [Read more...]
What’s Eating McDonald’s
November 19, 2009 By Leave a Comment
Matthew Boyle writes in Businessweek that McDonalds strength through the recession was much ballyhooed, but now sales are slipping . You'd think McDonald's (MCD) would be a can't-miss recession play for global … [Read more...]
McDonald’s October Same-Store Sales up, U.S. Slips
November 10, 2009 By Leave a Comment
Lisa Baertlein and Jessica Wohl report at ABC News that McDonald's Corp said sales at established U.S. restaurants fell 0.1 percent in October, as expected, but its stock ticked up 1.5 percent after sales from the rest … [Read more...]
McDonald’s Profit Tops View, Sales Soar
October 24, 2009 By Leave a Comment
Epoch Times reports that McDonald’s Corp., the world’s largest restaurant chain, said third-quarter profits jumped to $1.3 billion, exceeding last year’s results and beating analyst estimates. The fast food … [Read more...]
McDonald’s Restaurants to Open at the Louvre
October 21, 2009 By Leave a Comment
Henry Samuel reports in the London Telegraph that lovers of France's two great symbols of cultural exception – its haute cuisine and fine art – are aghast at plans to open a McDonald's restaurant and McCafé in the … [Read more...]
Food Fight: Franchisees Caught in the Middle
October 13, 2009 By Leave a Comment
Diana Ransom reports at Smart Money SmallBiz.com that if you have been to a fast food restaurant lately, you’ve probably seen some of the fallout of the downturn. You may have eaten some of it, too. In an effort to … [Read more...]
Appreciating Coffee Across the Region
October 12, 2009 By 1 Comment
Leslie Gaydos reports at NECN that Tuesday September 29th, was National Coffee Appreciation Day, a holiday sure to give some a jolt. The big players were aware of the date, as McDonald's brought in Nell Newman, … [Read more...]
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