Competitor News

Aside from its growing union issues, Starbucks this week reversed course on its own previously announced employee vaccine-or-test mandate after the U.S. Supreme Court rejected the Biden administration vaccine-or-test mandate. Starbucks told employees this week that the company will no longer require its US workers to be vaccinated or undergo weekly testing as it had…

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McDonald’s News

A blockbuster story dropped early this week when it was announced that McDonald’s had finally reached a settlement with franchisee Herb Washington is his lawsuit alleging racial discrimination against the Golden Arches. It was reported that in exchange for dropping his lawsuit against the company, McDonald’s would purchase Washington’s 13 stores for a total of…

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Competitor News

You know about the unionizing issues that Starbucks is confronting, but it also has been hit with a class action lawsuit alleging that the company’s youth recruitment program equated to “a blatant campaign of age discrimination in hiring”. A 59-year-old former manager filed a proposed class action to include all individuals over the age of…

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Pay Equity Issues

With much fanfare last week, McDonalds announced that it had reached gender pay equity for its employees at its corporate US stores. In an emailed statement, the company declared that women in were currently paid 99.16% as much as men for comparable work and that in 2022 the company expects that globally, women will receive…

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McDonald’s News

Speaking of the Golden Arches, McDonalds held its Q3 earnings call this week and reported strong Q3 sales and earnings, especially in the US. US same store sales were up 14.9% vs. 2019, and 9.4% against 2020. All dayparts–breakfast, lunch and dinner were positive in same store sales with breakfast and dinner up plus 10%.…

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In The News

This week’s episode of Restaurant Business Podcast, A Deeper Dive, hosted by Restaurant Business Editor-in-Chief Jonathan Maze featured DDIFO restaurant analyst John Gordon of Pacific Management Consulting Group speaking to the question of “Why are there so many big franchise disputes right now?” and addressing specifically current disputes within the McDonald’s, Subway and 7-Eleven systems.…

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McD’s Raises Pay, Braces for Strike

SEIU-backed Fight for $15 is again organizing a strike amongst QSR workers – mostly McDonald’s employees – in 15 selected cities around the country for next Wednesday, timed to coincide with the company’s annual shareholder meeting. Again, SEIU is seeking to generate sufficient pressure on the Golden Arches to get the company to pay a…

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Competitor News

Krispy Kreme may be going public again, after being privately held by JAB Holdings since it acquired the Winston-Salem based chain out of bankruptcy just about five years ago. Krispy Kreme officials acknowledged earlier this week that it had confidentially filed a draft initial public offering (IPO) with U.S. regulators. The IPO still must be…

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Independent Joe #67 April/May 2021

McDonald’s has been a model of consistency for most of its six decades of dominance in the quick-service restaurant world. Burgers, shakes and fries, prepared quickly – always tasting the way you expect, no matter where they are purchased – and at a price that’s easy to swallow. With the exception of its famous flops,…

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Miscellaneous

A recent Rasmussen Poll shows that only 31 percent of Americans actually support increasing the federal minimum wage to $15 per hour. Although other polls have indicated strong support for a higher wage across the country – 80 percent believe the minimum wage should be increased – almost 70 percent believe $15 is just too…

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