Competitor News

Wendy’s plans to jump into the deep end of the breakfast pool in 2020 with plans to expand breakfast to all 6700 stores in the system. President and CEO Todd Pinegar announced the planned launch this week and explained the company is prepared to spend some $20 million on the breakfast expansion.  Currently, the company…

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Starbucks

CFO Pat Grismer presented to the Goldman Sachs conference earlier this week and gave a brief look at US operational developments with Starbucks’. Interestingly, he made some of the very same points that Dunkin Brands did in 2017 and 2018 when the Dunkin Blueprint was implemented. Starbucks acknowledged they would stay beverage focused to drive…

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Competitor News

Having been targeted over the past however many months by SEIU, Fight for $15, and the #Me Too Movement, McDonalds is heading into a more educational mode. The Golden Arches announced that it will launch a new series of educational training programs over the next few months with a focus on creating “healthy relationships and…

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Competitor News

Although they haven’t taken or scheduled any formal actions yet, unionized workers at a supply distributor that services about 900 Starbucks formally authorized a strike last week. The workers, approximately 300 drivers and warehousemen, and members of the Teamsters Union Local 710, are employed at 4 DPI Specialty Foods Inc. facilities in Chicago, Indianapolis, Minneapolis…

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Competitor News

After opening new corporate offices and a test kitchen, Krispy Kreme opened a newly designed store in Charlotte a few weeks ago. Their first comprehensive redesign in over 10 years, the new store boasts digital and interactive features along with an expanded menu. Likewise, Tim Hortons unveiled their first new “Innovation Café” on the first…

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Competitor News

Starbucks dominates our competitor news this week on a few fronts. Most notable is that 6 police officers at a Tempe Arizona store were asked to leave by an employee because of a complaint that a customer did not feel safe in their presence! (????)  Boston Herald columnist Joe Fitzgerald, after writing about the incident,…

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Competitor News

A group of Democratic senators, 5 of whom are candidates for the democratic presidential nomination and have pandered to protesters against the company in past weeks, wrote Secretary of Labor Alex Acosta to demand a “full investigation” into workplace violence against McDonald’s employees.  They wrote in response to an OSHA complaint against one location filed…

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Competitor News

Just over one week ago, Starbucks CFO Pat Grismer presented at the Piper Jaffray 2019 Consumer Marketplace Conference and in terms of US news, he noted the nitro rollout throughout the balance of the US would be completed by September. He also reported that they were working on store footprint portfolio changes, such as drive-thru…

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Competitor News

In a classic understatement, Tim Horton’s owner, RBI held its first ever analyst day this week. In his presentation, Tim’s President Alex Macedo admitted “as we expanded Tim’s south into the US, we did not get the sales levels we expected”. Tim’s currently has about 700 stores in the US, with half of those in…

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Competitor News

Tim Hortons sales growth missed investor expectations last week with the company reporting same store sales drop of 0.6%, down 0.3% from the prior year and blaming the drop on bad weather in Canada early in the quarter. Trying to put a shine on that sneaker, CEO Jose Cil pointed to enthusiastic guest reactions to…

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