Guess the race. She looks like she could use the grilled chicken wrap.
Tag: McDonalds
GENDER STUDIES DEGREE
MODERN DAY HAMBURGLAR
McDonalds Is Replacing 2,500 Human Cashiers With Digital Kiosks: Here Is Its Math
The stock market is luvin’ McDonalds stock, which has continued its recent relentless rise to all time highs, up 26% YTD, oblivious to the carnage among the broader restaurant and fast-food sector. There is a reason for Wall Street’s euphoria: the same one we discussed in January in “Dear Bernie, Meet the “Big Mac ATM” That Will Replace All Of Your $15 Per Hour Fast Food Workers.”
In a report released this week by Cowen’s Andrew Charles, the analyst calculates the jump in sales as a result of the company’s new Experience of the Future strategy which anticipates that digital ordering kiosks (shown above) will replace cashiers in at least 2,500 restaurants by the end of 2017 and another 3,000 over 2018. Cowen also cited plans for the restaurant chain to roll out mobile ordering across 14,000 U.S. locations by the end of 2017 (we did not show that particular math, but the logic was similarly compelling).
Continue reading “McDonalds Is Replacing 2,500 Human Cashiers With Digital Kiosks: Here Is Its Math”
Dear Bernie, Meet the “Big Mac ATM” That Will Replace All Of Your $15 Per Hour Fast Food Workers
Dear Bernie, as you continue in your never-ending “Fight for $15“, we thought you might benefit from a simple example of how economics work in a real life, functioning, capitalistic society. You see, Bernie, labor, much like your daily serving of crunchy granola, is just another “good” that businesses can choose to consume more or less of, depending on price. And, just to be crystal clear, when the price of labor (i.e. wages) increases, businesses tend to consume less of it. Finally, our dearest Bernie, when misinformed politicians radically disrupt labor markets by setting artificially high base prices, like your proposed $15 federal minimum wage, then businesses simply stop consuming labor completely and instead replace that labor with this “Big Mac ATM Machine.”
Say what?! A Big Mac ATM machine, where you can order real Big Macs, is coming to the Pru/Copley on January 31st. http://bit.ly/2jmOdwv
So, you see Bernie, pretty soon all those McDonald’s workers that you promised a “fair living wage” to make Big Macs, will have absolutely no wages at all courtesy of your “Fight for $15.”
TRUTH – THE CURE FOR COGNITIVE DISSONANCE
“In a time of deceit telling the truth is a revolutionary act.” ― George Orwell
Every time the BLS puts out their monthly propaganda report on the wonderful state of the U.S. jobs market and states with a straight face the unemployment rate is a measly 5.5%, their corporate mouthpieces in the mainstream cheerleader media regurgitate the fake numbers and urge you to buy stocks. The millionaire talking heads on CNBC and the corrupt bought off politicians in D.C. make broad sweeping declarations about economic recovery, strong job growth, GDP advancement, record highs in the stock market, and soaring consumer confidence.
The people living in the real world know otherwise, but they want to believe the “experts” and “leaders”. This dichotomy between reality and what they are being told is causing a tremendous amount of mental stress. This cognitive dissonance of attempting to reconcile what they are experiencing in their every day existence and the propaganda being peddled at them on a daily basis from big media, big bankers, corporate titans, and captured politicians pulling the strings and running the show, is causing psychological discomfort. Most people want their lives to get better, so to reduce their cognitive dissonance they choose to believe the government and media reports about economic improvement.
It is only a small minority who want to know the unvarnished truth. They are drawn to alternative media websites, which the the captured corporate media refers to as doom sites. These critical thinking individuals understand the facts. The Deep State propaganda has no impact on these people because they have no cognitive dissonance. They know things are far worse than what is reported by the government and their media whores. Knowing the truth and seeing how the majority remain willfully ignorant results in rising anger among truth seekers. Huxley was right.
“You shall know the truth and the truth shall make you mad.” ― Aldous Huxley
Continue reading “TRUTH – THE CURE FOR COGNITIVE DISSONANCE”
McDonald’s Announces Brand Transformation
After months of declining sales amidst competition from rivals Chipotle and Panera Bread, which are increasingly attracting millennials with healthier and more customizable food options, McDonald’s has announced a massive “brand transformation” to win back young consumers. Here are some of the changes underway:
- Darker, edgier Hamburglar wearing Guy Fawkes mask
- Each customer to receive “Meal In Review” video highlighting important events that took place during their visit
- Switching signature red from Pantone 485 C to much more contemporary 185 C
- Ball pits now filled with trendy mason jars
- Strategically place new restaurant on the last exit of Westbound I-30 heading out of Little Rock so that it’s either McDonald’s or nothing until we get to Texarkana
- Restaurant will create collaborative eating environment by replacing booths with low, open-plan seating
- New slate of advertisements asking, “Where’s Chipotle’s free temporary housing for families of hospitalized children?”
- Getting a bunch of guys in a room and just bouncing around ideas about dipping sauces
- Customers encouraged to visit Facebook and Twitter to share their favorite stories from past McDonald’s brand transformations
PREVIEW: WHEN EBT FAILS
There seems to be a common thread among these McDonalds videos. I just can’t put my finger on it.
I WANT MY McGRIDDLE
Unfortunately, the guests at a McDonald’s in Philadelphia were unable to “put a smile on.” A group of black women started smashing up the restaurant after the breakfast menu expired. It’s incredible what folks will do if they don’t get their McGriddles.
I HATE POMPOUS ASSHOLE “EXPERTS”
Whenever someone is presented on TV as an expert, you are likely witnessing some pompous asshole pretending they know something, when in reality they are nothing but a paid shill. There is nothing better than seeing an “expert” revealed as a moron.
WARREN BUFFETT LOSES ANOTHER $700 MILLION TODAY
Poor uncle Warren. He better drink a lot more Coke Classic. He owns 400 million shares of Coke. He lost $1 billion yesterday on his 70 million shares of IBM. What a genius. The doddering old fool doesn’t see the death of consumer spending. He is so rich and disconnected from the real world, despite portraying a folksy uncle, that he hasn’t grasped that the middle class has been gutted by his buddies at the Federal Reserve and on Wall Street. They are the people drinking Coke and eating Big Macs. The average family is so stretched after seeing their real household income not grow since 1989, while their debt load has skyrocketed, they can no longer afford a lousy McDonald’s Happy Meal.
Coke and McDonalds were the poster children for the American consumer society. These are mega-corporations who generated $50 billion and $30 billion in revenues annually. They are in decline. They will not be revived, because the consumer is gutted and dead on the side of the financial superhighway. Keep believing the economic recovery storyline as companies selling stuff to consumers keep reporting shitty results. Only a blithering idiot, Warren Buffett or a CNBC bimbo would believe it.
Buffett the genius also owns millions of shares of Wal-Mart. Simply brilliant!!!
Coke profit falls as soda volumes remain flat
By Michael Calia
Published: Oct 21, 2014 7:50 a.m. ET
Coca-Cola Co. said its soda volumes were flat in the third quarter, while earnings and revenue both declined, hit by currency fluctuations.
The beverage unveiled a new cost-cutting plan, aiming to reduce $3 billion a year in costs by 2019, while also saying it intends to proceed with plans to refranchise the majority of its North American bottling territories by the end of 2017. The company had unveiled a three-year plan in February with the goal of cutting $1 billion in costs.
Shares declined nearly 4% premarket as revenue unexpectedly declined.
The company said its worldwide beverage volumes grew 1%, while soda volume was flat. Coke posted higher soda volumes in the second quarter after reporting its first decline since 1999 earlier this year.
Coke has pursued aggressive marketing tactics, along with restructuring, to lessen the impact of dwindling soda demand on its results. The company has also had to contend with headwinds from foreign currencies.
In further moves to fight the shrinking soda market, Coke has also sought partnerships with purveyors of other kinds of beverages. In August, the company said it would by a 16.7% stake in energy-drink producer Monster Beverage Corp. for $2.15 billion as part of an asset swap. It is also working on developing a cold beverage system with Keurig Green Mountain Inc.
Overall, the company posted earnings of $2.11 billion, or 48 cents a share, down from $2.45 billion, or 54 cents a share, a year earlier. Excluding items, per-share earnings were flat at 53 cents.
Revenue declined to $11.98 billion. Currency-neutral net revenue rose 1%.
Analysts surveyed by Thomson Reuters had projected 53 cents a share in earnings, with $12.12 billion in revenue.
McDonald’s shares drop after disappointing sales results
By Tomi Kilgore
Published: Oct 21, 2014 8:13 a.m. ET
NEW YORK (MarketWatch) — Shares of McDonald’s MCD, +0.60% dropped 2% in premarket trade after the fast-food restaurant giant reported disappointing third-quarter revenue and same-store sales, and provided a downbeat outlook. Revenue fell to $6.99 billion from $7.32 billion a year ago, missing the average analyst estimate compiled by FactSet of $7.19 billion. Global same-store sales declined 3.3%, amid a 3.3% drop in U.S. sales, while analysts were projecting declines of 2.8% and 2.5%, respectively. Profit for the quarter fell to $1.07 billion, or $1.09 a share, from last year’s $1.52 billion, or $1.52 a share. The company said non-recurring items reduced net earnings per share by 42 cents. The FactSet consensus adjusted EPS forecast was $1.37. The internal and external challenges it faced during the third quarter “will continue into the fourth quarter, with global comparable sales for October expected to be negative,” said Chief Executive Dan Thompson. The stock has lost 5.6% year to date through Monday, compared with a 3% gain in the S&P 500.
McSHITS STILL SHITTING THE BED
How bad must McDonalds food be if the Chinese think it is too putrid to serve? Have you seen what the Chinese eat? The storyline for the horrible US sales has been that competition is tougher, blah, blah, blah. It’s all a crock. The American lower and middle class are so hard up for cash, they can’t even afford the $5 for a crappy McShits meal. Barnes & Noble sales were also negative. Gap sales were negative. Wal-Mart sales are negative. Target sales are negative. Olive Garden sales are negative. It isn’t competition. It’s a country running on fumes while the oligarchs pillage, rape and gut the remnants of wealth.
McDonald’s sales woes continue in August
By Erin McCarthy
Published: Sept 9, 2014 8:53 a.m. ET
McDonald’s Corp. said its global sales fell 3.7% in August as problems with one of its suppliers in Asia drove a precipitous drop in sales in the region and the core U.S. market continued struggling as well.
The sales decline was steeper than expected as Consensus Metrix had called for a 3.1% drop.
In the Asia/Pacific, Middle East and Africa region, sales at existing locations slid 14.5% last month.
McDonald’s has said it is seeking to restore customer trust in China, where it has more than 2,000 stores, following problems that began in late July with meat supplier Shanghai Husi Food Co., owned by U.S.-based OSI Group LLC.
Authorities accused the Shanghai plant of intentionally selling expired meat to restaurant companies after a television station ran a report alleging the practice.
On Tuesday, McDonald’s said it expects the China supplier issue will hurt third-quarter results by about 15 cents to 20 cents a share, largely because of lost sales, expenses related to its recovery efforts and the effect of these items on the quarter’s tax rate.
Earlier this month, McDonald’s said it is overhauling its food-safety strategy in China after problems with a supplier hit the fast-food chain’s image and eroded its sales in the country.
The Oak Brook, Ill.-based company said in a statement that it will review surveillance video from meat-production sites in China and boost audits of suppliers. Other steps include the creation of anonymous hotlines for suppliers and their employees to report unethical or noncompliant practices and the dispatching of quality-control specialists to all of McDonald’s meat-production facilities in China, the company said.
“We are diligently working to effectively navigate the current market conditions to regain momentum,” Chief Executive Officer Don Thompson said in a statement Tuesday.
In the U.S., sales slid 2.8% as the company faced multiple headwinds, including sluggish industry growth in a competitive marketplace, the company said.
The U.S. has been a particularly challenging market for McDonald’s, where the company has said it has lost relevance with consumers. Mr. Thompson has said that the company first needs to repair fundamentals, such as staffing restaurants appropriately during peak hours, and has noted that the company is working to streamline its menu as previous efforts to roll out numerous menu items served to complicate matters.
Meanwhile, McDonald’s said sales at existing restaurants in Europe ticked down 0.7% as weak performance in Russia offset gains in the U.K. The fast-food chain warned that weak consumer sentiment will likely hurt sales and profitability in the region.
McDONALDS – NYETTING IT
They don’t call it McShits for nothing.
Russia’s consumer watchdog has temporarily closed 4 McDonalds restaurants in Moscow. It says they were breaking health codes. RT’s Roman Kosarev has more. Read More: http://on.rt.com/c19zai
UPSET ABOUT THE McRIB
The fine upstanding citizens of Ferguson after being told the McRib sandwich was discontinued. They mistook the Welcome sign to mean break in the window. Honest mistake. They are just misunderstood yutts. I wonder if they have completed their summer reading assignments for school.
The true cause of the Ferguson riots.
BRING BACK THE McRIB AND ALL WILL BE WELL
McFSA
Hat tip Gerry C