Some McDonald's Restaurants , Will Add Krispy Kreme Donuts , to Menu.
Some McDonald's Restaurants , Will Add Krispy Kreme Donuts , to Menu.
Both companies announced the venture on Oct.
18.
Both companies announced the venture on Oct.
18.
McDonald's and Krispy Kreme are considered competitors.
McDonald's and Krispy Kreme are considered competitors.
Despite this, .
... nine stores in Louisville, KY, will be the testing ground for the venture that could "inform future menu decisions"
at more McDonald's in expanded regions.
McDonald’s is always looking for ways to give our fans more of what they crave, and we often conduct tests to inform future menu decisions, McDonald's Statement, via CNN.
This small-scale test will help us understand how offering new bakery items like Krispy Kreme could impact operations in
our restaurants, McDonald's Statement, via CNN.
The nine stores will begin selling Krispy Kreme donuts on Oct.
26.
Customers will have the option of buying a single donut.
... or purchasing a six-pack.
McDonald's guests at the KY locations will get to choose among three flavors.
.
These include glazed, raspberry-jelly filled and chocolate iced with sprinkles.
While McDonald's didn't specify how long the test run will last, it did state that it is limited.
McDonald's breakfast business has remained steady as its lunch and dinner sales have declined.
McDonald's breakfast business has remained steady as its lunch and dinner sales have declined.
The new venture could bring more people to McDonald's for breakfast, .
... while also expanding Krispy Kreme's potential for sales
Krispy Kreme to Be Sold , at McDonald’s Nationwide.
Krispy Kreme to Be Sold , at McDonald’s Nationwide.
Both food chains made the announcement
on March 26, CNBC reports. .
The rollout will start later this year but will take until the end of 2026 to reach McDonald's nationwide. .
That's because Krispy Kreme will have
to "more than double its distribution"
to meet demand, CNBC reports. .
We think we can service about
6,000 restaurants with our existing
infrastructure, mostly doughnut
shops, which have excess capacity, Krispy Kreme CEO Josh Charlesworth, to CNBC.
Shares of Krispy Kreme jumped 22%
following the announcement.
Krispy Kreme is also expanding distribution
to grocery and convenience stores.
That means that the overall efficiency
and productivity of our distribution network will significantly improve over time, not just
because of all those local deliveries. , Krispy Kreme CEO Josh Charlesworth, to CNBC.
Currently, Krispy Kreme typically makes more doughnuts than it can sell, so churning out even more product will take few additional costs. .
Currently, Krispy Kreme typically makes more doughnuts than it can sell, so churning out even more product will take few additional costs. .
Overall, therefore, it makes our system
more profitable to grow the deliver
fresh daily channel, and McDonald’s
is an accelerator of that, Krispy Kreme CEO Josh Charlesworth, to CNBC.
Overall, therefore, it makes our system
more profitable to grow the deliver
fresh daily channel, and McDonald’s
is an accelerator of that, Krispy Kreme CEO Josh Charlesworth, to CNBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Fast Food Chains Warn Consumers , That Worker Pay Increases
Will Impact Prices.
'Newsweek' reports that franchises have
warned an increase of the minimum wage
for fast food workers in California could also
force menu prices to climb.
As of April 1, fast food restaurants in California
will have to pay employees at least $20 an hour, an
increase of four dollars from the current $16 an hour. .
Business owners have warned that the new law,
signed in by Democratic governor Gavin Newsom,
will have an impact on margins and consumer costs. .
At the end of October, McDonald's CEO Chris Kempczinski
said that the impact of the minimum wage rise would
be partially "worked through with higher pricing.".
At the end of October, McDonald's CEO Chris Kempczinski
said that the impact of the minimum wage rise would
be partially "worked through with higher pricing.".
According to McDonald's numbers, the price of
the signature Big Mac burger is currently $5.89
in California, the 10th highest in the United States.
The latest data compiled by 'The Economist' shows that
the average price of a Big Mac nationwide is currently
$5.69, which is up from $5.36 at the same time in 2023. .
Last year, McDonald's , reported net profits of , almost $8.5 billion.
According to the company's latest financial reports,
sales increased 8.7% in the U.S. in 2023, which the
company attributed to "strategic menu price increases.".
According to the company's latest financial reports,
sales increased 8.7% in the U.S. in 2023, which the
company attributed to "strategic menu price increases.".
Meanwhile, Jack Hartnung, the CFO of fast food
chain Chipotle, told investors that the wage
increase would impact consumer prices with a
"mid-to-high single digit" percentage increase.
Meanwhile, Jack Hartnung, the CFO of fast food
chain Chipotle, told investors that the wage
increase would impact consumer prices with a
"mid-to-high single digit" percentage increase.
In December, Pizza Hut cited the wage
increase as the reason behind laying off
the company's in-house delivery drivers. .
In December, Pizza Hut cited the wage
increase as the reason behind laying off
the company's in-house delivery drivers.
Credit: Wibbitz Top Stories Duration: 01:31Published
McDonald’s Suffers , Global Tech Outage.
On March 15, McDonald's stores around the world
either shut down or paused online ordering due
to a technology outage, NBC News reports.
Locations that reported the most disruptions include Australia, China, Britain and Japan,
as well as other areas in Asia and Europe.
Many stores across the country have
temporarily suspended operations. We
apologize for any inconvenience caused to our
customers. There is currently a system failure, McDonald's Japan, via X.
Due to a computer system failure,
the mobile ordering and self-ordering
kiosks are not functioning. , McDonald's China, via Facebook.
Please order directly at the
restaurant counter. Sorry for
any inconvenience caused, McDonald's China, via Facebook.
At around 4 p.m. local time, the
'South China Morning Post' reported
that the problem had been fixed.
The McDonald's Corporation
also issued a statement.
We are aware of a technology outage,
which impacted our restaurants;
the issue is now being resolved. , McDonald's Corporation spokesperson, via statement.
We thank customers for their patience
and apologize for any inconvenience
this may have caused, McDonald's Corporation spokesperson, via statement.
Notably, the issue is not related
to a cybersecurity event, McDonald's Corporation spokesperson, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
McDonald's experienced a global technology outage affecting operations in Japan, the UK, and Australia, disrupting in-person and mobile orders. The company ruled out a cybersecurity incident. Despite efforts to restore functionality, the exact extent of the disruption remains unclear. Similar incidents recently affected Meta-owned platforms. Customers in Asia faced difficulties with orders and kiosks
#MCdonalds #MCDonaldsBurger #MacBurger #GlobalTechOutage #cyberattack #Internetnews #Worldnews #Oneindia #Oneindianews
~PR.274~ED.194~HT.95~
Deadly Storms , Forecast to Cross , 1,000 Miles of the US.
'Newsweek' reports meteorologists have warned
that a life-threatening storm could impact millions of
people across the central United States this week.
On April 23, AccuWeather issued a warning regarding , "one of the most widespread severe
weather events so far in 2024.".
According to AccuWeather, the incoming storm , "will unleash tornadoes, hard-hitting hail
and damaging winds across a dozen states.".
On April 25, the first storm of the system is set
to arrive, closely followed by subsequent storms
expected to last throughout the weekend.
AccuWeather warned the storms are expected to pose a , "significant risk to lives and property.".
All modes of severe weather
are likely with the multiple-day
event in the central U.S, Bernie Rayno, AccuWeather Chief
On-Air Meteorologist, via 'Newsweek'.
Two storms, off the Pacific
coast on Tuesday, will swing
across the West and cause
moisture to surge northward from
the Gulf of Mexico while, at the
same time, temperatures surge, Bernie Rayno, AccuWeather Chief
On-Air Meteorologist, via 'Newsweek'.
'Newsweek' reports that the
states at greatest risk are:, Illinois, Indiana, Iowa, Missouri, Arkansas,
Oklahoma, Kansas, Kentucky, Tennessee,
Mississippi, Louisiana and Texas.
According to AccuWeather, the storm is expected to cross
an estimated 1,000 miles on April 26, passing into
central Texas all the way from southern Minnesota. .
In addition to dangerous storm conditions,
the National Weather Service has warned
that critical fire weather conditions, "will also be present across parts of the
Southwest into the southern High Plains."
Credit: Wibbitz Top Stories Duration: 01:30Published
More and More , US Locations Offering , Lucrative Relocation Programs.
CNN reports that a growing number of smaller cities
and towns in the United States have started offering
relocation packages to attract potential new residents.
Perks can include financial incentives, free gym
memberships, access to co-working facilities
and even a dinner with the mayor. .
The most lucrative of these relocation incentives
have reportedly offered as much as five figures. .
MakeMyMove.com is an online marketplace
connecting remote workers with locations across
the U.S. that are offering relocation packages.
In 2023, over 50,000 people applied
for programs through the platform. .
In 2018, Tulsa Remote became the first company to offer
a $10,000 relocation package to entice remote
workers and entrepreneurs to relocate.
Ascend West Virginia offers a $12,000 cash incentive,
along with a number of outdoorsy perks, to attract
people to a number of Ascend communities.
CNN reports that Indiana has been
one of the most ambitious when it
comes to offering relocation benefits. .
According to MakeMyMove.com, there are
dozens of Indiana cities offering incentive
packages, including Noblesville and Evansville.
Other locations with relocation programs
in place include: Kansas, Kentucky,
Alabama, New York and Alaska. .
Other locations with relocation programs
in place include: Kansas, Kentucky,
Alabama, New York and Alaska. .
Other locations with relocation programs
in place include: Kansas, Kentucky,
Alabama, New York and Alaska.
Credit: Wibbitz Top Stories Duration: 01:31Published