chew on this
Posted by Dale Buss on September 27, 2013 10:52 AM
McDonald's biggest nod toward better-for-you food is already placating some critics, and there's another benefit: Helping kids and their parents eat healthier fare at its restaurants may boost chain sales results that have become tepid lately in the US market.
In cooperation with a Bill Clinton-backed nonprofit, McDonald's has announced a sweeping new commitment to better-for-you eating that includes promoting only water, milk and juice rather than soft drinks for Happy Meals on its menu boards and in advertising, emphasizing nutrition in its packaging and advertising for kids, and offering side salads and fruit to accompany its value meals.
"We think we can influence the purchase of fruits and veggies," McDonald's CEO Don Thompson told the Wall Street Journal. "We have a leadership role and we can be part of a solution. The average person eats at McDonald's three times a month."Continue reading...
brands under fire
Posted by Sheila Shayon on August 29, 2013 12:03 PM
Fast-food workers in 50 US cities plan to walk off their jobs today in the latest—and largest—demonstration to pressure employers to allow workers to organize, and increase the minimum wage from $7.25 to $15 per hour.
While a movement has been building since last year, employers have witnessed a resurgence in the demands for greater pay and unionized benefits, with a multi-city protest organized at the end of July.
"The workers are responding to total failure on behalf of the federal government to raise the minimum wage to keep up with inflation and the cost of living," Tsedeye Gebreselassie, attorney at the National Employment Law Project, told Reuters.
Employees of McDonald’s, Wendy's, Burger King and other QSR companies will be joined in protest by retail employees from stores such as Macy's, Sears, and Dollar Tree.Continue reading...
Posted by Dale Buss on August 29, 2013 09:28 AM
Verizon Wireless may soon buy out Vodafone stake.
Coca-Cola sees public-health battle over soda consumption flare in Mexico.
Renault sees operating chief quit amid speculation he may head for Detroit.
Amazon adds to server-market woes with its push to the cloud.
American Airlines and US Airways open to deal on antitrust concerns.
BlackBerry sees "savior" keyboard-equipped Q10 fall flat.
Carrefour's cost-cutting begins to bear fruit.
Chrysler strikes deal with Rush to promote its SRT performance brand.
Cinnabon outlines growth strategy.
GM tries to revive sales by boosting mileage of 2014 Chevrolet Malibu.Continue reading...
Posted by Dale Buss on August 12, 2013 09:35 AM
Apple will debut next iPhone on September 10, report says.
Kraft launches comeback plan for Jell-O.
Tesco set to withdraw brand from China.
AOL pushes to make Patch profitable.
Amazon may expand grocery service to New York, report says.
BlackBerry weighs selling itself.
Crocs tussles with Wall Street.
Daimler plans to expand Smart brand in China.
Ford steps up training of assembly workers in wake of shaky launches.
Fox talks with NBC about doing Hillary Clinton miniseries.
GM plans to scale back Korea operations in wake of higher costs, stronger unionism, report says.
Honda tries to save American drive-ins.Continue reading...
brands under fire
Posted by Sheila Shayon on July 29, 2013 05:32 PM
And the wage wars continue. Hundreds of workers at fast food chain outlets across New York City took to the streets Monday to strike for higher wages, demanding the standard wage be raised to $15 per hour, more than twice the $7.25 minimum wage that fast food employees currently earn.
Organizers from New York-based Fast Food Forward said the strike affected around 60 restaurants operated by McDonald's, Wendy's, KFC and Burger King. "A lot of the workers are living in poverty, not able to put food on the table or take the train to work. They are striking because they can't continue to maintain their families on the wages they're being paid in the fast food industry, said director Jonathan Westin, according to AFP.
Protests are scheduled to take place this week in Chicago, Detroit, Flint, Mich., Kansas City, Milwaukee and St. Louis. "It will be by far one of the biggest actions (in the sector) this country has seen so far," Westin predicted.Continue reading...
Posted by Dale Buss on July 18, 2013 09:32 AM
CVS and Walgreens ban Rolling Stone over Tsarnaev cover.
Coca-Cola ad banned in UK over exercise claims.
Ryanair to sell advertising on planes.
Dell putting off vote today on founder's buyout proposal.
ArcelorMittal scraps steel project planned for India.
CBS markets new show using American flags as mouth gags.
Carrefour gains ground in France.
Eli Lilly plans to freeze wages to cope with patent cliff.
Ford makes inroads on Toyota in California.
Formula One CEO indicted for bribery.
Fox tries for comic-book comeback with movies.Continue reading...
Posted by Dale Buss on July 11, 2013 09:15 AM
Walmart scraps D.C. store plans after "living wage" passes.
BlackBerry loses two more executives.
Panera suspends "pay-as-you-can" item.
Chevron foresees lower output.
Dodge borrows Pitbull to pitch Dart to Gen Y.
GE makes short films in tiny towns about big data.
GM continues to battle labor unrest in South Korea.
GlaxoSmithKline bribed doctors and hospitals, Chinese officials say.Continue reading...
chew on this
Posted by Dale Buss on June 25, 2013 10:35 AM
American consumers do seem to be loosening their pocketbooks a little when it comes to the time-honored tradition of eating at quick-serve restaurants. But QSR brands are taking no chances as they continue to roll out new products aimed at gaining at least a temporarily greater share of stomach.
The major chains spent much of the last few years padding their "value menus" and searching for price points that financially stretched Americans would determine they can afford. Wendy's latest gambit was to launch a long-awaited Pretzel Bacon Cheeseburger, and Taco Bell now is dropping hints about the next flavor of its Doritos Locos Tacos, which will be the third installment in the popular sub-franchise.Continue reading...