Monday, October 21

Tag: Limited-Service Restaurants

California’s Fast-Food Casualties – WSJ
28Dec By adminNo Comments
World

California’s Fast-Food Casualties – WSJ

California’s $20 an hour minimum wage for fast-food workers doesn’t take effect until April, but the casualties are already piling up. Pizza Hut franchises this week told more than 1,200 delivery drivers that they’ll lose their jobs before the higher wage kicks in. Gov. Gavin Newsom no doubt sends condolences, though what he should send is an apology. Democrats in Sacramento this autumn enacted the $20 minimum wage for fast-food workers in a deal between restaurants and labor unions. When you’ve got a gun pointed at your head, you’ll hand over your wallet, keys and bank account pin number.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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A Trip to CosMc’s, McDonald’s New Space-Themed Takeout Chain
12Dec By adminNo Comments
World

A Trip to CosMc’s, McDonald’s New Space-Themed Takeout Chain

By Heather Haddon | Photography by Lucy Hewett for The Wall Street Journal BOLINGBROOK, Ill.—CosMc’s has landed, but visiting now may take a few eons.McDonald’s new restaurant concept is drawing long lines of curiosity seekers since it opened in this Chicago suburb last weekend. The space-themed brand is the fast-food giant’s first new U.S. restaurant concept in its more than 60-year history, designed to deliver a beverage-heavy menu through takeout-focused locations built with multiple drive-throughs.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Chicken Nuggets in Reusable Bowls? McDonald’s Isn’t Lovin’ It
9Dec By adminNo Comments
World

Chicken Nuggets in Reusable Bowls? McDonald’s Isn’t Lovin’ It

PARIS—A McDonald’s on a buzzy boulevard here offers a glimpse of what the future of serving fast food could look like. The burger giant doesn’t like what it sees.For those dining in, french fries are served in durable red containers, soda is dispensed into clear washable glasses and chicken nuggets come in hard plastic white bowls. When customers are finished eating, they are asked to drop the containers into a bin to be washed, dried and reused.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Searching for CosMc’s: Investors, Consumers Look for Details on New McDonald’s Brand
6Dec By adminNo Comments
World

Searching for CosMc’s: Investors, Consumers Look for Details on New McDonald’s Brand

Investors and diners are on the lookout for an orange, fast-food-loving alien, and what he may mean for the future of McDonald’s. CosMc is the name of the character, who has featured in past McDonald’s ads, and it is also the name of a new restaurant concept that McDonald’s executives have teased in recent months. In July, the company described it as a smaller-scale restaurant, with locations soon to open in a handful of areas. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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How Starbucks Lost the Top Spot in China’s Coffee Race
19Nov By adminNo Comments
World

How Starbucks Lost the Top Spot in China’s Coffee Race

Listen to article(2 minutes)Starbucks is losing its prime spot among chains racing to meet China’s growing thirst for coffee.Luckin Coffee has surpassed Starbucks as China’s biggest coffee chain by sales and units, company reports show, a comeback for the Chinese company after an accounting scandal that stalled its growth.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Starbucks ‘Red Cup Day’ Strike: Workers Walk Out in Bid to Kickstart Negotiations
16Nov By adminNo Comments
World

Starbucks ‘Red Cup Day’ Strike: Workers Walk Out in Bid to Kickstart Negotiations

Updated Nov. 16, 2023 2:53 pm ETThousands of unionized Starbucks workers went on strike Thursday on a busy sales day for the coffee chain in a bid to bring the company back to the negotiating table.Baristas walked out on the company’s annual “Red Cup Day” promotion for the second straight year, according to the union representing them. During the promotion, Starbucks gives customers a free reusable cup when they order a holiday drink.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Tech, Media & Telecom Roundup: Market Talk
30Oct By adminNo Comments
World

Tech, Media & Telecom Roundup: Market Talk

Updated Oct. 30, 2023 12:23 pm ETThe latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1206 ET – McDonald’s reports that digital sales of nearly $9B made up more than 40% of systemwide sales in the burger chain’s top six markets during 3Q. CFO Ian Borden says on a call with analysts that McDonald’s now has more than 57M customers that actively use its digital channel at least every 90 days in those top markets. “We’re learning when they visit, how they visit and what they buy, with more and more of our sales coming through identified channels than ever before,” Borden says. Digital channels include the company’s mobile app, delivery and digital kiosks at its stores. (dean.seal@wsj.com)Copyright ©2023 ...
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The NLRB Doesn’t Like Starbucks
14Oct By adminNo Comments
Health

The NLRB Doesn’t Like Starbucks

We told you last summer about Starbucks’ complaint that the National Labor Relations Board was colluding with union representatives to tip organizing elections at its coffee stores in the union’s favor. Now the suspicions are confirmed, and the NLRB has some housecleaning to do.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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