McDonald’s revenues turn sour January 23, 2014 CONSUMERS lost their appetite for McDonald’s hamburgers and fries in the fourth quarter as the fast food giant revealed weaker-than-expected sales at restaurants open more than a year. Global like-for-like sales fell by 0.1 per cent in the three months to the end of December, the group said yesterday, as fewer people passed through its [...]
Washington DC: Where to eat in the political capital of the western world December 14, 2014 Washington DC has grown from somewhere you work to somewhere to eat. Over the past few years, ravenous London scenesters have been snarfing down a vast array of steaks, burgers, hot dogs, shakes, pizzas, burritos and all sorts of other full-flavoured Americana from a diverse range of restaurants, pop-ups and food trucks. US [...]
Brand Index: Heinz could be the victor of the global burger battle October 29, 2013 THE BATTLE of the burgers got saucier this week when McDonald’s announced it was severing its 40-year relationship with Heinz after the ketchup-maker hired a former head of Burger King as its new CEO. Perhaps adding salt to the wound, Burger King revealed better-than-expected third-quarter profits. McDonald’s profits also narrowly topped expectations, but its sales [...]
Britain’s cheapest burger? It’s not where you might think April 30, 2014 Where can you find Britain’s cheapest average high street burger meal? If you answered McDonalds, you’re absolutely wrong. Bargain-basement burgers In fact since 2008 the price of McDonald’s Big Mac, the fast food chain’s most popular burger, has jumped by more than 30%, according to research from stockbroker Shore Capital. Having remained at £2 for [...]
Ashley scores in the weird world of business tiffs December 15, 2013 MIKE Ashley is not happy with Adidas, after the German sports company refused from next season to let Ashley’s retail giant Sports Direct sell its replica Chelsea kits – incidentally one of Sports Direct’s bestsellers. Ashley is understandably miffed, and it has even been suggested the billionaire plans to build a hostile stake in Adidas [...]
Ketchup shake-up as McDonald’s drops Heinz October 28, 2013 MCDONALD’S is to end its 40-year relationship with ketchup-maker Heinz after Bernardo Hees, the former boss of rival Burger King, took over as Heinz’s chief executive. Warren Buffett’s Berkshire Hathaway and investment firm 3G Capital bought Heinz in June, naming Hees as chief executive. McDonald’s said on Friday that as a result it plans to [...]
O’Connor completes Irish switch and hopes to bury colourful past October 29, 2013 NEW London Irish back James O’Connor feels ready to put his controversial past behind him and take the Premiership by storm. The 23-year-old had his contract terminated by the Australian Rugby Union earlier this month following a string of off-field misdemeanors and was also released by Super Rugby side Melbourne Rebels. But O’Connor, who has [...]
Baugur chief to burger king January 13, 2013 Former Baugur chief Jon Asgeir Johannesson has re-emerged on the UK investment landscape – as an angel investor in an artisan beef burger maker. Johannesson, who led investments in some of the UK’s biggest high street names before the financial crash, has taken a 25 per cent stake in Muddy Boots Real Foods, a family [...]
Don’t give up on the Union: Scots should vote with their heads, not their hearts July 3, 2014 SEVEN hundred years ago, the Scots won a glorious victory at Bannockburn. The Yes campaign says we should seize this September’s referendum to be that nation again! My heart hears the call: I am Scots first and foremost. But my head says no. Why give up on a Union that has immeasurably improved the prosperity [...]
Europe getting even hungrier for McDonald’s September 10, 2013 FAST food giant McDonald’s yesterday reported a bigger-than-expected 1.9 per cent increase in global sales at established restaurants in August, after a revival in France helped drive solid results in Europe, its top market. Although the results from the world’s biggest fast-food chain soundly beat the average estimate of a 0.3 per cent increase from [...]