Back To School

Chipotle announced this week that they are expanding their existing tuition reimbursement benefit for employees to those in their part-time ranks.  The company hopes extending the benefit, which previously was only available to full-time employees, will lead to more workers considering full-time careers within the Mexican restaurant chain.

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Competitor News

Considering the difficulties they’ve encountered over the past year or so, with sales flat or dropping around the world, is it a surprise that McDonalds is going to minimize their pain but switching from monthly to quarterly reporting?  I guess the message is if the news ain’t good, don’t report it as frequently . .…

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Competitor News

In its last earnings call, Restaurant Brands, the parent of Burger King and Tim Horton’s, briefly reiterated its south of the US border development goals, but Q&A along with recent moves point to more international development priorities. In May, the press picked up on the fact it was shutting the Tim’s US development office in…

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Competitor News

McDonald’s has had a rough ride for the past year or so with their sales and income both plummeting and not enough of their customers still “lovin’ it”, but the Golden Arches appears intent on plowing ahead into new areas.  This week, the burger behemoth announced they will begin testing delivery service from selected stores…

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Competitor News

With Q1 earnings calls being held over the past week or so, DDIFO restaurant analyst John Gordon of Pacific Management Consulting Group noted much about competitors:  Starbucks (SBUX) reported very solid Q1 earnings results last week with same store sales +7% (2% in traffic and +5% in ticket value). They also introduced a boatload of…

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Competitor News

McDonald’s franchise owners are not a happy lot of late and they currently have the worst business outlook in over a decade according to the latest survey by Janney Capital Markets.  The regular franchisee surveys, done to coincide with the company’s quarterly earnings report next week, survey 32 operators of 215 restaurants around the country. …

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Competitor News

Topping the news from competitors would be this week’s announcement by McDonalds that they will increase their minimum wages in company-owned stores beginning in July, 2015.  Over the subsequent 18 months, the Golden Arches plans to bring their lowest paid corporate workers up to a minimum of $1/hour above the specific legislated minimum for each…

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Competitor News

Starbucks was making news regularly the week before last, when their annual shareholder meeting was held.  Since that meeting, they’ve probably made more news than they would have preferred as they finally pulled the plug on the initial phase of their #Race Together campaign in the face of a relentless backlash from the public via…

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Competitor News

Starbucks was making news regularly this past week, when their annual shareholder meeting was being held.  First off, CEO Howard Schultz announced the company was jumping into the race relations conversation with their #Race Together initiative via a full-page ad in last Sunday’s New York Times.  Having their baristas write race together messages on their…

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Competitor News

The news may have been all about Dunkin’ selling K-cups, but Krispy Kreme also announced last week that they had reached a licensing agreement to roast and sell Krispy Kreme coffee in groceries, mass merchants and club stores.  It will also be available online at Amazon.com as well as ShopMZB.com.  In addition, Krispy Kreme also…

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