No Its management, losing touch with reality, everyone is content with there high pay cushy job now, its just a paycheck to them. Sad they probably never eat at there own employer. Made several suggestions and was told they have a board of people that decide on menu items. Well fire them !n They don't have a clue........... Id rather have my kids eat a grilled cheese than processed chicken nuggets.............. but they say no our group must decide whats right. BS
No i think most of the ghetto Mcdonalds have closed down due to bad customer base and loitering in the city of Milwaukee. There are plenty in the burbs breakfast and luchtime crowds.
They don't know what the problem is, so they can't fix it. You don't seem to know either. Their food tastes like #$%$, their stores are dirty, and their workers are lazy, sloppy, and rude.
You could throw a dart and get a better restaurant.Only think it has going for it is the old people who have owned it for years and wont sell no matter what.Either way ..good luck.
mcd has the best coffee and some good fast food dude don't put mcd down watch the earning and shut up
Yes, they move slowly. And they are in multi-national markets requiring different marketing strategies, fortunately, each with its own risk profile. But I'm optimistic because unlike some companies (Yahoo, for example), they seem to really be trying to get a handle on their problems and are making attempts to resolve them. I'm guessing that it the lesser performing franchisees who will be under pressure to upgrade their operations.
Many of the McDonalds stores began in the city or on the edge of the city and now those areas are ghettos. One example is Milwaukee. There are many such stores in Milwaukee, but many of them are in ghettos and the only customers are ghetto residents, most of whom are on public assistance.
There were a good number of MCD's that were built in the suburbs when the only competition was Burger King. Today, aside from Taco Bell, there are Chipolte, and in other suburban areas, a growing number of Chik-fi ilay, In and Out, and other more trendy places.
McDonalds has failed in business in so many ways.
Lousy food, poor to really bad counter service, disguising bathrooms, play areas that many parents find dirty and unsafe for their children to play in and high priced menu items and lastly a menu board that has 10 times as many items as needed.
Sentiment: Strong Sell
Their labor costs will increase; their food costs will increase; their prices will increase. They will learn how to do more with what they have.
But have you noticed how much more eating at home is costing? Plus a huge premium on organic or with limited artificial flavors or colors?
And movies in NYC are now up to $18.00, I believe. And have you seen the prices of sporting, entertainment and other events, not to mention monthly cable TV bills.
We are used to cheap food in the US (as compared with Europe, for example). Our compromise has, of course, been lots of cheap calories and limited flavor, but that is the subject for another post.
Assuming that management continues to update the company's menu and systems, I think it McD will continue to be a good investment.
Just my opinion.
As a matter of fact yes... Doing quite well since I started buying in 1999. Sorry about your amnesia....
Why would they have good earnings? Prices went up so much - people are avoiding the chain, so it is illogical. On the other hand though - last time something alike happened in BA in February. It was going against the market, up all the time and then the earnings were fantastic while nobody expected it. It went up to $158 vertically running bears over like a tank over mud. Is MCD going up after earnings?
MCD's pricing does not make any sense. They have put themselves in direct competition with the higher quality chains. Since when is a Big Mac around the same price as a 1/4 pounder? mcd's degraded the quality of their food with the new cooking system, and then they randomly price items by popularity.. At my MCD the value meals are more expensive than buying the items separately, because of the dollar menu.. And if you want an egg mcmuffin and hot cakes,, you are paying about the same as IHOP.
Not a single manager at MCD's can explain why any size coffee is a 1.00, unless you get a value meal.. then you have to pay upgrade to get a large coffee.. so you actually pay more for a breakfast value meal than if you buy the items individually if you are getting coffee in the meal..
How are you in the green because you bought puts at $99? You haven't made a cent- only paid money.. I wish I could sell you a put on cutting the dividend- I'd collect twice every ninety days!