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☆ China is Starbucks' 2nd biggest market, but sales are slumping. Here's why.
▼ + stars: | 2024-08-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +7 min

Comparable store sales, a key measure for the restaurant industry, were down 14% in its most recent quarter. Sales slumpStarbucks' comparable store sales in China have been incredibly volatile over the past five years. But in recent months, they've been hit by cautious consumer spending and increased competition, then-CEO Laxman Narasimhan told investors in July. Luckin Coffee, Starbucks' biggest rival in China, has nearly three times as many stores as Starbucks in the country after monumental unit growth. "We're not interested in entering the price war," Starbucks China CEO Belinda Wong told investors in January.

Persons: —, Brian Niccol, they've, Laxman Narasimhan, Narasimhan, Sherri, Kearney, Luckin, McCafe, KFC's, Dave Xie, Oliver Wyman, Xie, latte, We're, Belinda Wong, Wong, it's, Brian Yarbrough, Edward Jones, Liu Ying Organizations: Service, Starbucks, Business, Bank of America, Bloomberg, Publishing, Getty, Reuters Locations: China, Beijing, Shanghai, Seattle, Luckin, Cotti, Xinhua

☆ McDonald's new big burger is called the Big Arch. Branding experts say the name makes it sound superior to its rivals.
▼ + stars: | 2024-08-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

The new burger, the Big Arch, is currently being piloted in Canada and Portugal. By using a brand name rather than a descriptor — like calling it the Big Burger — companies can "signal superiority," Kerrigan said. "And so you elevate what is a big burger to a branded shiny thing." AdvertisementThe arches imagery is now returning to menus again, with the launch of the Big Arch and its accompanying Big Arch Sauce. "You show that you are in someone's club or part of their tribe by using the same kind of brand names," she said.

Persons: —, McDonald's, Finola Kerrigan, — you've, Kerrigan, David Hughes, didn't, Hughes, Birdie, Ronald McDonald Organizations: Service, Business, Birmingham Business School, Mac, Triple, Mayo, Burger, Imperial College London Locations: Canada, Portugal, California, Texas

☆ It's official: McDonald's should stick to unhealthy food
▼ + stars: | 2024-07-08 | by ( Emily Stewart | ) www.businessinsider.com time to read: +6 min

At The Wall Street Journal's Global Food Forum in June, Joe Erlinger, the president of McDonald's US, detailed the company's missteps in meatless burgers and salads. Over the years, McDonald's has been able to fold in some noncore items — namely, coffee and chicken. It's not just consumer demand that's keeping McDonald's menu limited to the more-traditional, less-than-body-boosting items — it's its franchisees, too. And no one goes to McDonald's looking for greens. And no one goes to McDonald's looking for greens.

Persons: McDonald's, Joe Erlinger, Erlinger, Darren Tristano, Danilo Gargiulo, it's, Tristano, Benedict, hasn't, Gargiulo, Burger King, Burger, It's, they're, Emily Stewart Organizations: Food Forum, Dallas, Bernstein, Foods, Apple, Toyota, Consumers, McDonald's, Business Locations: San Francisco, Europe, Sweetgreen, Cava, McDonald's, Australia, Chicago

☆ Krispy Kreme doughnuts are coming to McDonald’s
▼ + stars: | 2024-03-26 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Three types of Krispy Kreme donuts — original glazed, chocolate iced with sprinkles and chocolate iced “kreme” filled — will go on sale at McDonald’s restaurants starting later this year, the companies told CNN on Monday. Krispy Kreme is giving away a free glazed doughnut to guests who visit a Krispy Kreme location between 5 and 9 pm on Tuesday to celebrate the partnership. The addition of a Krispy Kreme donut to the McDonald’s customer’s breakfast order began as a test at 160 restaurants in Kentucky. But customers can buy Krispy Kreme doughnuts in other places, such as Walmart and other grocery stores. “By making Kreme Krispy accessible to fans nationwide through this partnership, we expect to more than double our points of access by the end of 2026,” said Krispy Kreme President and CEO Josh Charlesworth in a statement.

Persons: It’s, Wendy’s, McDonald’s, Ian Borden, Chris Kempczinski, ”, Krispy, Josh Charlesworth Organizations: New, New York CNN, CNN, Walmart Locations: New York, Cinnabon, Kentucky

☆ Wendy’s newest breakfast item is made by another fast-food chain
▼ + stars: | 2024-02-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Wendy’s is sweetening its breakfast lineup with a new treat that comes from an unusual place: Another fast food chain. Also, most Cinnabon locations haven’t yet opened for the day when Wendy’s sells breakfast, which ends at 10:30 am. Perhaps Wendy’s adding cinnamon pull-aparts might entice some dissatisfied customers of McDonald’s, which last year scrapped its McCafé bakery lineup that also included a cinnamon roll. The “Cinnabon Pull-Aparts” are made from sweetened dough that’s dunked in a glaze then baked with cinnamon, brown butter and sugar. The chain previously predicted that breakfast would make 10% of its sales, with figures reaching 8.5% in 2021 before Wendy’s stopped reporting individual sales for the morning menu.

Persons: New York CNN —, Wendy’s, Cinnabon, Jonathan Maze, “, ” Maze, McDonald’s, It’s, ”, John Li, “ Cinnabon, Todd Penegor, it’s, Wendy’s Li, ” Li Organizations: New, New York CNN, Subway, CNN, Culinary Innovation, Bell Locations: New York, Indiana, Kentucky

☆ We just got a first look at McDonald's secretive new spinoff restaurant CosMc's
▼ + stars: | 2023-11-27 | by ( Gloria Dawson | ) www.businessinsider.com time to read: +2 min

McDonald's has been reluctant to share many details about its planned new restaurant concept CosMc's. AdvertisementWe know just a bit more about CosMc's, McDonald's super-secret new restaurant concept based on an obscure McDonaldland character from the late '80s. Scott FredricksonA Google Maps search indicates the building is a former Boston Market restaurant that is indeed next door to a McDonald's. CosMc's on Google Maps Google MapsScott Fredrickson posted a few photos of the building's exterior on Facebook. The building appears to have a blue exterior and the CosMc's sign logo has a retro feel.

Persons: McDonald's, —, Chris Kempczinski, TikToker Snackloator, Snackloator, Scott Fredrickson, CosMc's Organizations: Service, Google, Boston Market, Facebook Locations: Bolingbrook , Illinois, CosMc's, Boston

☆ Roaches were found in a McDonald's frappé machine. It's not the first time the chain has had this problem.
▼ + stars: | 2023-08-22 | by ( Haley Tenore | ) www.businessinsider.com time to read: +2 min

Roaches were found inside a McDonald's frappé machine in Jacksonville, Florida. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAdvertisementAdvertisementHealth inspectors found roaches inside a McDonald's frappé machine. Health inspectors found three live roaches and a roach egg sac inside the frappé machine, as well as five dead roaches around and inside the machine, according to an inspection report viewed by Insider. There have been other reports of bugs in McDonald's coffee and its machines. This means the inside of a coffee machine may be the perfect environment for them.

Persons: Roaches, McDonald's Organizations: Service, TV, Jax, CBS4, Facebook, Mashable, Twitter Locations: Jacksonville , Florida, Wall, Silicon, Indianapolis, Thailand, Utah

☆ McDonald's is scrapping the baked goods in its McCafé range after less than 3 years
▼ + stars: | 2023-07-12 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

McDonald's is stopping its McCafé baked goods. The McCafé Bakery menu had three items: an apple fritter, blueberry muffin, and cinnamon roll. Since its launched the McCafé Bakery menu, some temporary items have been added to its lineup, including a cheese Danish and pull-apart doughnut. Some people have voiced their frustration about the decision on social media, though others have used it as an opportunity to express their dislike of the baked goods. But the removal of the McCafé Bakery items doesn't necessarily signal that the chain is giving up on regaining its breakfast share.

Persons: McDonald's, didn't, Chris Kempczinski Organizations: Service, CNN, Twitter Locations: Wall, Silicon, Indiana, Kentucky, California

☆ McDonald’s is getting rid of these sweet menu items
▼ + stars: | 2023-07-11 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

The chain confirmed that its McCafé bakery lineup, consisting of an apple fritter, blueberry muffin and cinnamon roll, is being phased out beginning this month. McDonald’s (MCD) rolled out the bakery lineup in October 2020, marking the first time in roughly a decade that it sold new bakery items. However, breakfast sales at McDonald’s rebounded in recent quarters as people return to the office and people resume their pre-Covid routines. Discontinuing the bakery lineup comes as McDonald’s recently expanded a partnership with Krispy Kreme to sell donuts at nearly 200 locations in Kentucky. For McDonald’s, the partnership looked to attract new customers in the morning when business has remained steady.

Persons: New York CNN —, McDonald’s, it’s, Krispy Organizations: New, New York CNN, CNN, McDonald’s, Group Locations: New York, Kentucky

☆ McDonald's is going after one of Starbucks' crown jewels and testing cold brew
▼ + stars: | 2023-04-19 | by ( Danni Santana | ) www.businessinsider.com time to read: +3 min

McDonald's is testing new cold brew options in select Southern California restaurants. The fast-food chain is testing two cold brew options at some Southern California locations, Restaurant Business reported. McDonald's is piloting traditional cold brew, served black over ice, as well as a marble cold brew, which contains syrup and cream. More recently, the chain has added four new McCafé menu options in Australia, including a banana and blueberry loaf, according to the Daily Mail. McDonald's reported 12% global comparable-store sales growth in the fourth quarter, compared with 5% growth for Starbucks.

☆ I tried the Krispy Kreme doughnuts at McDonald's, but they didn't compare to the freshly made ones
▼ + stars: | 2023-04-15 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

I decided to try doughnuts from both the Krispy Kreme shop and McDonald's to see how they compared. Here's what I found testing Krispy Kreme doughnuts, as sold by McDonald's, versus one from a nearby Krispy Kreme shop. Pro: The doughnut was available quickly at McDonald'sI received my Krispy Kreme doughnut upon purchasing in less than a minute. Con: The McDonald's doughnut cost more than the one sold directly by Krispy KremeThe Krispy Kreme original glazed doughnut cost 53 cents less than the same item from McDonald's. Con: The Krispy Kreme doughnuts from McDonald's weren't warm like those from the doughnut shop, and they didn't seem as fresh.

☆ McDonald's is selling Krispy Kreme doughnuts in one test market. I tried them — and they're not as good as the freshly made ones
▼ + stars: | 2023-03-25 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

McDonald's is selling Krispy Kreme doughnuts at 160 locations in Louisville and Lexington, Kentucky. I decided to try doughnuts from both the Krispy Kreme shop and McDonald's to see how they compared. Here's what I found testing Krispy Kreme doughnuts, as sold by McDonald's, versus one from a nearby Krispy Kreme shop. Pro: The doughnut was available quickly at McDonald'sI received my Krispy Kreme doughnut upon purchasing in less than a minute. Con: The McDonald's doughnut cost more than the one sold directly by Krispy KremeThe Krispy Kreme original glazed doughnut cost 53 cents less than the same item from McDonald's.

☆ As prices soar, consumers turn to McDonald’s
▼ + stars: | 2022-10-27 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

New York CNN Business —Inflation is relentlessly high and food prices in particular are soaring. In the third quarter, McDonald’s US prices were up about 10% year-over-year on average. McDonald's prices were up about 10% year-over-year in the third quarter. Some might also be trading down to McDonald’s from more expensive chains or restaurants as menu prices increase at a slower clip than prices in grocery stores. “We feel very good about … McDonald’s value proposition,” said CEO Chris Kempczinski during the call.

☆ В Кишинёве откроется ещё один ресторан McDonalds
▼ + stars: | 2021-06-19 | by ( Super User | Ирина Маценко | ) mybusiness.md time to read: +3 min

Компания «Food Planet Restaurants» заявила о расширении франчайзинговой сети «McDonald`s» в Молдове. Последний его объект был открыт в 2017 году в кишиневском торговом центре «Zity Mall», став пятым рестораном сети «McDonald`s» в Молдове. Наиболее масштабные инвестиции «Food Planet Restaurants» пришлись на 2014-2015 гг., когда «McDonald`s» начала масштабную перезагрузку своих ресторанов, с целью повышения лояльности к бренду. Так, в 2017-м доходы от продаж «Food Planet Restaurants» составили 148 млн леев, в 2018-м — 168 млн леев, а в 2019-м — 187,3 млн леев. Чистая прибыль составила 26,7 млн леев, 33,5 млн леев и 41 млн леев соответственно.

Persons: McDonald, Раду Годорожа, Буюкань, Илие Нэстасе Locations: Молдова, Буюкань, АлбаЮлия, Австрия, Кишинев, Бэлць

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