Word: mcdonaldization
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Dates: during 2000-2009
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...even though it accounted for only around 30% of Wendy's $951 million in revenues. To highlight that value, Wendy's announced last month that it would sell as much as an 18% stake in Tim's by early next year. In Canada, where Tim's is bigger than McDonald's (2,492 stores vs. 1,375), the 41-year-old company dominates many small- and medium-size markets; it hopes to do the same in cities like Dayton, Ohio, and Detroit. Part coffee-and-doughnut joint, part sub shop, Tim's is confining its U.S. growth to the Northeast...
What flies the movie forward from its “made-for-TV” feel is the addition of “Kids in the Hall” veterans Dave Foley and Kevin McDonald. Foley, in particular, camps it up as Mr. Boy—the former “All-American Boy” and sidekick to Will’s parents...
...talking to schoolchildren won't change anything, he says, if the food industry doesn't change. He acknowledges there has been progress lately--McDonald's, for example, is now one of the largest purchasers of apples in the U.S.--but the core menu is the same: burgers, sodas and fries. Clinton plans to petition restaurant chains to go beyond offering healthy alternatives. He wants them to rethink how that core menu is prepared in the first place--with healthier burgers, say, or less fattening fries...
...going local the best bet for McDonald's in Europe? If so, Denis Hennequin, 46, the new president of McDonald's Europe, is just what the company--whose sales dipped 1.4% in May--may need. Hennequin, who started by managing a Parisian outlet, is already offering Evian and pastries at the French McDos and tweaking standard fare with Greek Macs and a "dollar menu" variant in Germany. Next up: develop McDonald's in Russia, launch sandwiches and remodel British restaurants this fall--perhaps even offer a "meat and chocolate" dish in Romania. No stranger to the short-order line, Hennequin...
...growers, mainly in Greece, Ireland, Italy and Portugal, as well as 18 countries in the Caribbean that have a duty-free deal with the E.U. that allows them to sell raw sugar at fixed prices. "This is a devastating proposal that must be fought tooth and nail," said Ian McDonald, chief executive of the Sugar Association of the Caribbean. The Commission's proposal must still be approved by E.U. governments, but Fischer Boel insisted there's no alternative. Any failure to act, she said, "would mean a slow and painful death for the European sugar sector." One consolation: European confectionery...