McDonald’s Adds Sweets To Breakfast and Workers

The Golden Arches will be dishing out sweets soon in 2 different directions and for 2 very different reasons. For the first time in eight years, McDonalds said it is adding baked goods to its breakfast menu in the hope of strengthening its weak breakfast daypart. The company announced this week that it would begin…

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Competitor News

According to Nicole Miller Regan of Piper Sandler, teen dollars that formerly went to Starbucks in a major way are now landing in the registers of Chick-fill-A and Dunkin’. In an interview this week with Kelly Evans on CNBC, Miller Regan spoke to the shift in teen spending and how Chick-fill-A knocked Starbucks out of…

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Dunkin’ Doings

It was overall a good report card for Dunkin’ with release yesterday by See Level HX of its 20th annual QSR Drive-Thru study. The 2020 version of this study added a new and unique component in that it reported generally – without identifying brands – on specific COVID-19 related safety issues and noted that 91.3%…

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Competitor News

In contrast to the more upbeat Dunkin presentation, the Starbucks CFO. Pat Grismer, also appeared before the JP Morgan Consumer Conference. He noted their US same-store sales improved from minus 19% in June to minus 11% in August. They did not expect to get back to even in the US until sometime in early 2021.…

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Competitor News

Starbucks announced this week that it was joining the so-called Time To Vote Coalition, a group of some 700 companies that are encouraging their employees to register and vote in the 2020 election. In addition, Starbucks plans to include tools for customers to register to vote and confirm the location and method for them to…

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Competitor News

Krispy Kreme announced this week that the company’s new flagship store in New York’s  Times Square is slated to open on September 15. The store was originally scheduled to open back in June of 2019, but that opening was delayed for months until May of this year when the coronavirus pandemic pushed it off further.…

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McDonald’s Sues Former CEO Easterbrook

McDonald’s announced Monday that it would sue to recover the severance and stock options that it granted to terminated CEO Steve Easterbrook in 2019.  At that time it concluded that he exercised bad judgement only in a relationship with an employee. Evidence later was uncovered that proved he lied and destroyed evidence of more sexual…

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Competitor News

Over the past few weeks, there have been a number of announcements of one sort or another about some competitor companies that we thought we’d be sure you were aware of. First off, on the politically correct front, Starbucks announced that the company “stood against hate speech” and was therefore pausing all advertising on social…

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Competitor News

Both McDonalds and Starbucks made news this week via investor presentations and SEC 8K filings. McDonald’s reported that US same store sales improved in May to minus 5%, up from minus 19% in April. That improvement was totally driven by higher average ticket, due to larger order sizes. Later, in an investor presentation, the company…

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Starbucks: Major Contraction & $2 billion Decline

Starbucks on Wednesday provided a major business update and perhaps most noteworthy to the Dunkin’ community is that new store development in the Americas will be virtually halted immediately, with the closure of some 400 Starbucks company units in the US over the next 18 months as well as an additional 200 in Canada. New…

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