Earlier quoted context omitted.
McDonalds is financially quite healthy. They've never been the cheapest nor the best quality. McDonalds excels in having food at the right place at the right time and a minimal effort to transact. If you are traveling at any random place in the US, and you are in a hurry and want something you are familiar with, McDonalds is the most likely thing you will come across first. There is a huge cognitive anchoring this ha…
Don't forget consistency - you can get chicken nuggets and barbecue sauce and french fries that taste recognizably the same at any of their 42,000 restaurants. The food preparation and storage, shipping logistics, and other underpinnings of their consistency trick are admirable, even if the other issues with fast food detract from the overall picture.
The Year of McDonald's
51–60 of 108 posts
Re: The Year of McDonald's
#52One of my favourite places in the world is this one particular McDonalds in Camberwell that's open 24 hrs. On a Friday night at 2am, its full of people from all walks of life - from delivery workers taking a 5 minute break, to wedding party socialites looking for a quick food fix since everything else is closed - and they're all there for the exact same reason and are sitting next to each other without any tension or…
Re: The Year of McDonald's
#53What a bizarre statement about a place of business that's tried to irrelevance themselves into non-existence this year. Fast food pricing is now equal or beyond the prices of quality food with non-chain fast food (i.e. doner/local pizza joints) becoming the new affordable option.
McDonalds is financially quite healthy. They've never been the cheapest nor the best quality. McDonalds excels in having food at the right place at the right time and a minimal effort to transact. If you are traveling at any random place in the US, and you are in a hurry and want something you are familiar with, McDonalds is the most likely thing you will come across first. There is a huge cognitive anchoring this ha…
Boeing appeared quite financially healthy in summer 2018 as well.
Re: The Year of McDonald's
#54> These communities are the flowers growing between the cracks of the cement parking lot: a reminder that life survives, and often thrives, in the harshest environments, such as the modern world Lovely writing here. I am fascinated by the idea that the porousness of any system is its lifeline or even possibly its great enabler. There's a legend that during the Chinese revolution, extremely rural and difficult to trav…
Re: The Year of McDonald's
#55McDonald’s has also seen a major boycott because of its Israeli branch’s support for the Israeli actions in Gaza: https://fortune.com/2024/07/30/mcdonalds-gaza-boycott-israel... Apparently it was so bad that global McDonalds bought back all the Israeli franchises.
McDonald's stock is up 20% since Oct 7, 2023 Sales growth slowed a bit, but the boycott effort was a temporary scare to the business that didn't have significant impact on sales long term.
Re: The Year of McDonald's
#56Earlier quoted context omitted.
McDonalds is financially quite healthy. They've never been the cheapest nor the best quality. McDonalds excels in having food at the right place at the right time and a minimal effort to transact. If you are traveling at any random place in the US, and you are in a hurry and want something you are familiar with, McDonalds is the most likely thing you will come across first. There is a huge cognitive anchoring this ha…
They're rapidly burning part of their core value proposition for finances. They are increasing transaction friction, via much higher store prices and requirement to use their app, forcing use of touchscreen ordering, etc. Boeing appeared quite financially healthy in summer 2018 as well.
Re: The Year of McDonald's
#57What a bizarre statement about a place of business that's tried to irrelevance themselves into non-existence this year. Fast food pricing is now equal or beyond the prices of quality food with non-chain fast food (i.e. doner/local pizza joints) becoming the new affordable option.
McDonalds is financially quite healthy. They've never been the cheapest nor the best quality. McDonalds excels in having food at the right place at the right time and a minimal effort to transact. If you are traveling at any random place in the US, and you are in a hurry and want something you are familiar with, McDonalds is the most likely thing you will come across first. There is a huge cognitive anchoring this ha…
McD's has been on a similar path, and have reintroduced $5 meal deals in an attempt to bring customers that have been priced out back.
Re: The Year of McDonald's
#58One of my favourite places in the world is this one particular McDonalds in Camberwell that's open 24 hrs. On a Friday night at 2am, its full of people from all walks of life - from delivery workers taking a 5 minute break, to wedding party socialites looking for a quick food fix since everything else is closed - and they're all there for the exact same reason and are sitting next to each other without any tension or…
McDonald's functions as sort of public square, which is missing elsewhere in society, as the employees are to detached or inattentive to care if people are loitering too long. Same for Starbucks.
Re: The Year of McDonald's
#59One of my favourite places in the world is this one particular McDonalds in Camberwell that's open 24 hrs. On a Friday night at 2am, its full of people from all walks of life - from delivery workers taking a 5 minute break, to wedding party socialites looking for a quick food fix since everything else is closed - and they're all there for the exact same reason and are sitting next to each other without any tension or…
McDonald's functions as sort of public square, which is missing elsewhere in society, as the employees are to detached or inattentive to care if people are loitering too long. Same for Starbucks.
Re: The Year of McDonald's
#60Earlier quoted context omitted.
Trump was an actual campaign stop photo op... Harris didn't do a McD photo op. So not clear on your point. Also Trump rode in a garbage truck around the same time. Was he one upping Harris? Or just trying to appeal to the working class? Probably the latter...
The garbage-truck photo op was Trump's a followup to his campaign calling Puerto Rico "garbage", and in particular to Biden calling that behavior "garbage".