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Dates: during 2000-2009
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...worst of times for the restaurant industry, it's the best of times for McDonald's," says Burt Flickinger III, managing director of the Strategic Resources Group, a retail-consulting company. McDonald's reported global same-store-sales growth throughout 2008 - and in November, global sales rose 7.7% over 2007 (sales jumped 4.5% in the U.S.). In fact, the company's sales have increased for 55 straight months. Profits grew 11%, to $1.2 billion, in the third quarter of 2008 (the company will report its fourth-quarter results on Jan. 26). McDonald's and Walmart were the only two companies...

Author: /time Magazine | Title: In Lean Times, McDonald's Only Gets Fatter | 1/21/2009 | See Source »

...mochas. "It's not the best time to roll out a premium beverage product," Glass notes. As the recession wears on, fast-food-service growth may flatten out; plus, McDonald's can expect more price competition. For example, Steak 'n Shake, the diner-style burger chain in 21 states throughout the Midwest and South, is promoting four different meal combos for less than $4. "In Los Angeles, every other billboard is a 99-cent food price," says Glass. The battle for bargain-hunting eaters is on. But given its recent winning ways, McDonald's might just add a few more...

Author: /time Magazine | Title: In Lean Times, McDonald's Only Gets Fatter | 1/21/2009 | See Source »

Certainly, this specific incident should be condemned on all fronts. Grant’s shooting was unwarranted, and so were the transit officers’ hyper aggressive and disrespectful treatment of Grant and his cohorts throughout the episode. The fact that Grant was black and Mehserle is white has aggravated the charges of misconduct...

Author: By The Crimson Staff | Title: Policing the Police | 1/20/2009 | See Source »

...instruments with which we meet them may be new. But those values upon which our success depends - hard work and honesty, courage and fair play, tolerance and curiosity, loyalty and patriotism - these things are old. These things are true. They have been the quiet force of progress throughout our history. What is demanded then is a return to these truths. What is required of us now is a new era of responsibility - a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world, duties that we do not grudgingly accept but rather...

Author: /time Magazine | Title: Obama's Inaugural Address: The Full Text | 1/20/2009 | See Source »

...fellow citizens: I stand here today humbled by the task before us, grateful for the trust you have bestowed, mindful of the sacrifices borne by our ancestors. I thank President Bush for his service to our nation, as well as the generosity and cooperation he has shown throughout this transition...

Author: /time Magazine | Title: Obama's Inaugural Address: The Full Text | 1/20/2009 | See Source »

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