Aggrey Yegon’s Post

#Partnerships #TheInsider McDonald's will offer Krispy Kreme doughnuts in all its U.S. locations by the end of 2026, extending a partnership begun in 2022. This move is part complimentary part cannibalising. Its a good move if Mc Donalds sees its sweet menu not doing well and is facing competition from those who have a strong sweet menu. Given that they are renewing the contract, its obviously worked for them. For Mc Donalds- its about capturing the breakfast market. Which is already very competitive in the US. They ran a successful pilot in some cities and got good feedback on it. Mc Donalds is approaching it as a vendor for its Mc Cafe offering. Intriguingly Dunkin Donuts has got a considerable share in the breakfast share. I liked the way Krispy kreme looked at it-It increases their Points of Access. A nice way to think of distribution. Of course it takes away some marjin, which is why I think the strategy is powerful. A goal like increasing Points of Access at any cost, letting it affect your topline. Some concerns on the quality side do exist- Will the doughnuts be fresh? To which some argue Mc Donalds can re-heat them. For me the takeaway is Strategy versus Topline. Goal setting for the long run. Ironically thats what Mc Donalds started with in the first place. Being profitable in the long run. Would also be interesting to see what Dunkin Donuts does.- Try the same game or change the game via price? Or maybe they add sour to their offerring. #strategy #distribution

Are you ready for a sweet new partnership? Exciting news for both doughnut enthusiasts and fast-food aficionados: McDonald's and Krispy Kreme have joined forces to bring the beloved taste of Krispy Kreme doughnuts to McDonald's restaurants nationwide! Starting later this year with a phased market rollout and expected full availability by the end of 2026, this collaboration will see three iconic Krispy Kreme flavors—Original Glazed, Chocolate Iced with Sprinkles, and Chocolate Iced Kreme Filled—delivered fresh daily to McDonald's locations across the country. Following a successful pilot in Kentucky, this strategic move not only enhances McDonald's breakfast offerings but also represents a significant expansion opportunity for Krispy Kreme, with plans to double points of access by 2026. This deal presents a compelling opportunity for McDonald’s, potentially assisting in reclaiming and sustaining a notable share of the breakfast market amidst escalating competition. Wendy's, a key competitor, has intensified its breakfast offerings since 2020 and is further investing $55 million in additional advertising, split evenly between 2024 and 2025 in the U.S. and Canada. The breakfast segment remains a central focus for these companies as they recognize the potential to drive significant sales growth without increasing labor costs, especially as consumer eating habits continue to evolve. As of 2024, McDonald's currently commands one-third of the breakfast market share. Do you think Wendy’s, Burger King, Taco Bell, Dunkin’, or Starbucks could eventually seize the top spot? 👉 Click link for details:  https://lnkd.in/gV8xpQeP #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #mcdonalds #krispykreme

BurgerFi files for Chapter 11 bankruptcy BurgerFi joins the growing list of fast-casual chains facing challenges this year, including Rubio's, Buca di Beppo, and Red Lobster, which have all declared bankruptcy. Even major players like McDonald's, Starbucks, Burger King, and Wendy's have experienced declining foot traffic and sales, prompting them to offer value meals to entice customers back. https://lnkd.in/e5uDqgun

15𝐭𝐡 𝐨𝐟 𝐌𝐚𝐲, 1940 ― 𝐓𝐡𝐞 𝐯𝐞𝐫𝐲 𝐟𝐢𝐫𝐬𝐭 𝐌𝐜𝐃𝐨𝐧𝐚𝐥𝐝’𝐬 𝐨𝐩𝐞𝐧𝐬 🍔McDonald’s back then was rather a barbecue joint started by brothers Richard and Maurice McDonald. It served stuff like slow cooked barbecue and hot dogs alongside a long menu of other food items. 🍔But despite being a slow service joint, the sales picked up pretty quickly. Maybe 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐭𝐡𝐞 𝐣𝐨𝐢𝐧𝐭 𝐥𝐞𝐭 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 𝐝𝐫𝐢𝐯𝐞 𝐢𝐧 𝐚𝐧𝐝 𝐞𝐧𝐣𝐨𝐲 𝐭𝐡𝐞𝐢𝐫 𝐟𝐨𝐨𝐝 𝐢𝐧 𝐭𝐡𝐞𝐢𝐫 𝐜𝐚𝐫. The McDonald brothers employed servers who’d take orders and serve customers in its parking lot. 🍔But no matter how much they tried to associate themselves with the barbecue business, the brothers observed that 80% 𝐨𝐟 𝐭𝐡𝐞𝐢𝐫 𝐬𝐚𝐥𝐞𝐬 𝐜𝐚𝐦𝐞 𝐟𝐫𝐨𝐦 𝐡𝐚𝐦𝐛𝐮𝐫𝐠𝐞𝐫𝐬. 🍔So they had an idea. They shut shop for a few months, fired a bunch of servers and revamped everything to focus on just burgers. The number of items on their menu dropped to just 9 including hamburgers, cheese burgers, French fries and a few beverages. These items were cheap too. 🍔They also drew 𝐢𝐧𝐬𝐩𝐢𝐫𝐚𝐭𝐢𝐨𝐧 𝐟𝐫𝐨𝐦 𝐇𝐞𝐧𝐫𝐲 𝐅𝐨𝐫𝐝’𝐬 𝐚𝐬𝐬𝐞𝐦𝐛𝐥𝐲 𝐥𝐢𝐧𝐞 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐬𝐲𝐬𝐭𝐞𝐦, or a system that broke the manufacturing process into smaller bits with a pre-planned sequence and started the ‘Speedee Service System’. That helped them assemble the food ahead of time with a lower workforce. It was fast! 🍔That impressed Ray Kroc, a milkshake machine salesman, who went on to become McDonald’s’ first franchise agent. By 1958, McDonald’s had sold 100 million burgers! And soon enough Kroc bought the business from the McDonald brothers for $2.7 million. 🍔But despite breaking ties with the business, the McDonald brothers retained the original restaurant they kickstarted in 1940, renaming it “Big M”. That obviously annoyed Kroc, who quickly opened a McDonald’s around it. 🍔 𝐀𝐧𝐝 𝐭𝐡𝐚𝐭’𝐬 𝐡𝐨𝐰 𝐌𝐜𝐃𝐨𝐧𝐚𝐥𝐝’𝐬 𝐝𝐫𝐨𝐯𝐞 𝐨𝐮𝐭 𝐢𝐭𝐬 𝐟𝐢𝐫𝐬𝐭 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐨𝐫, 𝐛𝐞𝐚𝐭𝐢𝐧𝐠 ‘𝐢𝐭𝐬𝐞𝐥𝐟’ 𝐭𝐨 𝐛𝐞𝐜𝐨𝐦𝐞 𝐭𝐡𝐞 $190 𝐛𝐢𝐥𝐥𝐢𝐨𝐧+ 𝐟𝐚𝐬𝐭 𝐟𝐨𝐨𝐝 𝐠𝐢𝐚𝐧𝐭 𝐰𝐞 𝐤𝐧𝐨𝐰 𝐨𝐟 𝐭𝐨𝐝𝐚𝐲! #business #growth #strategy #linkedinforcreators

I hope that the merger will continue to stress the importance of its people--invest in them, they will invest in the business. The reality is that fast food chains all suffer from poor reputations and worker shortages. Those that care about the company's performance often have to sacrifice more than ever intended, in order to keep the business functional. This includes burnout of competent staff, competent staff working until injury and age catch up to them, and staff members that work in multiple cities, stores--even DMs--to make it work. I am grateful to Burger King for taking a chance on a disabled, out-of-shape, out-of-options worker like myself, in May, 2015. I have met some wonderful people, been guided by an awful lot of them, and even made some friends, along the way. I wish them all the luck in the world, and as a present employee, I will do my best to increase the brands' reputation. However, there are some structural problems to the industry we must solve, innovate to overcome, or we'll be slow to respond to market changes and trends. Interior seating goes mostly unfulfilled, except in restaurants with a playland, for instance. If we're 8 years into a rebuild of restaurants, and Checker's model becomes the trend, that's a waste of capital to design more inside seating in the new designs rather than focusing on innovations to kitchen equipment or utilizing the space for Doordash parking, etc. If that happens, it will not help the reputation of the company within the industry.

👑 Exciting news from Burger King as they unveil the "Royal Reset 2.0" initiative, investing an additional $300M to modernize 85-90% of U.S. locations by 2028. Energywise Solutions is proud to contribute as the national accounts vendor for lighting and controls, ensuring each BK location shines brighter than ever. 🍔💡 🎉 Building on the initial collaborations, including Burger King’s $400M in 2022 and a further $500M to reimagine over 600 Carrols-owned stores, we're thrilled to light the way to a brighter, more modern customer experience for Burger King franchisees and their customers. Our state-of-the-art LED solutions are set to elevate the BK dining and digital experience across the nation. 👀 As Burger King continues to "Reclaim the Flame," we at Energywise Solutions are excited to play a pivotal role in this transformative journey. #BurgerKing #RoyalReset #EnergywiseSolutions #LightingInnovation #Modernization #QSRIndustry #FranchiseSuccess #Investment #CustomerExperience #BurgerKing2028

Ever wondered how McDonald's became a global sensation? 🍔🌍 Meet Ray Kroc, the mastermind who transformed a local chain into the world's most profitable restaurant franchise! 💪🌟 Before his fast-food fame, Kroc was a Red Cross ambulance driver and a milkshake machine salesman. 🚑🥤 His keen eye for efficiency led him to the McDonald brothers' restaurant in 1954, inspiring him to expand their successful system worldwide. 🌐💡 By his passing in 1984, McDonald's had over 7,500 locations in 31 countries! 🎯🌎 Kroc's innovative vision and aggressive tactics made him a pioneer in the fast-food industry. 💼🚀 So, while there might not be a famous face for "Streamlined Document Storage and Control in Food Industry", remember innovators like Kroc who revolutionized the way we eat today. 📚🍟 #FoodIndustry #McDonalds #RayKroc #FastFoodRevolution #GlobalFranchise #Innovation #Efficiency #WorldwideSuccess.

Industry News: Donatos Pizza poised to open more than 150 locations next year Donatos Pizza has opened more than 30 locations this year, including five traditional stores and 26 strategic partnerships, bringing the brand's store count to more than 460 locations. The company plans to open more than 150 restaurants in 2024, according to a press release. The brand's strategic partnership with burger chain Red Robin has been successful. The partnership includes 274 Red Robin locations with plans to scale to additional markets across the nation. https://lnkd.in/dWmYyqkJ ————————————————— 💥Over 16 MILLION Square Feet Represented💥 ✅Visit newenglandretail.com for more! ————————————————— #realestate #newenglandretail #property #forsale #retail #realestateinvesting #business #broker #realestatenews #properties #investor #investmentproperty #connecticut #nerp #newengland #connecticutnews #newenglandrealestatenews #donatos #pizza

McDonald’s and Krispy Kreme expand partnership McDonald's’s and Krispy Kreme have plans to expand their partnership to offer the popular doughnut treat in McDonald’s restaurants across the U.S. by the end of 2026. The news follows a successful test run that the brands launched in October 2022 at 160 locations in Kentucky and Indiana. Thanks to this exclusive partnership, consumers will be able to find Krispy Kreme’s Original Glazed, Chocolate Iced with Sprinkles, and Chocolate Iced Kreme Filled treats at more than double the current locations, a rollout that will begin in the second half of 2024 and will expand outward across the restaurant chain’s 13,500 locations in the U.S. Doughnuts will be available all day in single units or a box of six. According to reports, Krispy Kreme’s chief executive has commented to investors that it could support 6,000 McDonald’s restaurants with its existing supply infrastructure, a supply chain it will continue to invest in. Its existing stores currently have capacity that can be ramped up to satisfy growing demand, but more facilities will be added by the doughnut maker in the future. The brand relies on a hub and spoke model that allows it to distribute treats from production hubs (stores and factories) that can feed supply to the 6,800 third-party retailers including grocery stores, gas stations, and now, McDonald’s, which plans to add an additional 900 stores to its roster by 2027. At present, Krispy Kreme doughnuts can be found in 14,100 stores in 39 countries and expects that it can achieve more than 100,000 points of access globally long-term. Shares of Krispy Kreme grew almost 40% with the news. #businesspartnership #mcdonalds #krispykreme #invest #shares

Love the concept of turning math into magic from Sean Tresvant. For #restaurants wondering what to do with the accumulating piles of data they now have from their foray into Delivering The Digital Restaurant , this example highlights the power of all this new information: "We have a lot of data from our restaurants and from our social channels. Whenever we post something about the brand, people talk a lot about menu items of the past. The Enchirito or Quesalupa comes up, and the threads just go crazy. "I remember when my mom took me," or "I remember how it tasted," or "I used to get it with tomatoes." So we took all that data, and in 2022, we started to have people vote on two items — to let the consumer decide which item we actually brought back on the menu." There are as many cool things a brand can do with their data as there are bits of data. The values and brand story of Taco Bell led it to this one. https://lnkd.in/ggSnRcvX