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McDonald's sales plunge for first time in 9 years
Times 24/7 - AP ^ | 09 November 2012

Posted on 11/09/2012 10:13:08 AM PST by Lorianne

McDonald's Corp. says a key sales figure fell in October, marking the first monthly drop in nearly a decade for the world's biggest hamburger chain.

The company, says global sales at restaurants open at least a year fell 1.8 percent for the month. The last time the figure dropped was in 2003. The figure is a key metric because it strips out the impact of newly opened and closed locations.

The fast-food chain says the figure fell 2.2 percent in both the U.S. and Europe. In the region encompassing Asia, the Middle East and Africa, it dropped 2.4 percent.

After year of outperforming its rivals, McDonald's has seen sales slow recently as the company faces intensifying competition and a persistently weak economy.

(Excerpt) Read more at times247.com ...


TOPICS: Business/Economy
KEYWORDS: bhoeconomy; fastfood; mcdonalds

1 posted on 11/09/2012 10:13:13 AM PST by Lorianne
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To: Lorianne

Fallen arches: McDonald’s sales slump blamed on food costs, smarter customers

http://grist.org/food/fallen-arches-mcdonalds-sales-slump-blamed-on-food-costs-smarter-customers/


2 posted on 11/09/2012 10:14:44 AM PST by Lorianne (fedgov, taxporkmoney)
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To: Lorianne

Glad to hear it. They keep cozying up to the left and I hope they continue to struggle whether the two are related or not.


3 posted on 11/09/2012 10:20:39 AM PST by hometoroost (Frodo lives!)
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To: Lorianne
That shouldn't hurt them too much, obama gave McDonalds a waiver on Obamacare, so that'll save them a bundle.

MCWAIVER
4 posted on 11/09/2012 10:21:28 AM PST by FrankR (They will become our ultimate masters the day we surrender the 2nd Amendment.)
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To: Lorianne

The food and service stinks. If I want fast food, Chick fil A it is.


5 posted on 11/09/2012 10:23:53 AM PST by fatnotlazy
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To: Lorianne

1) You can’t swipe EBT cards at McDonalds. The folks will go and buy chips, soda and toher such garbage at a place where they CAN swipe EBT cards.

2) The EBT allowances I’ve seen are obscene. Obscene amounts lead to obese folks.


6 posted on 11/09/2012 10:31:09 AM PST by George from New England (escaped CT in 2006, now living north of Tampa)
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To: Lorianne

The economy is tanking. Who knew?


7 posted on 11/09/2012 10:31:50 AM PST by DoughtyOne (Hurricane Sandy..., a week later and 47 million Americans still didn't have power.)
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To: Lorianne

They also destroyed their kids happy meals to appease Michelle Obama.


8 posted on 11/09/2012 10:32:38 AM PST by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: Lorianne

High priced, low quality foods served by illegals or 3rd world imports voting for Obama and leftist Dems.... No gracias...


9 posted on 11/09/2012 10:34:39 AM PST by tflabo
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To: George from New England

You used to be able to swipe EBT at McD. Did it change?


10 posted on 11/09/2012 10:37:19 AM PST by dinodino
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To: Lorianne

My mastiff and bulldog love their $1.00 fried pink slime McDoubles. People are eating that stuff?


11 posted on 11/09/2012 10:37:43 AM PST by tumblindice (America's founding fathers: All armed conservatives)
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To: DoughtyOne

If you listen to the MSM and the government, the economy is improving every day!


12 posted on 11/09/2012 10:39:08 AM PST by Lorianne (fedgov, taxporkmoney)
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To: Lorianne

Several price increases in recent years and declining employment and consumer incomes.


13 posted on 11/09/2012 10:41:02 AM PST by Will88
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To: Lorianne

Another sign of the coming economic collapse thanks to Obama’s ideology.

http://confoundedinterest.wordpress.com/2012/11/09/consumer-confidence-rises-to-highest-level-since-beginning-of-q4-2007/


14 posted on 11/09/2012 10:41:09 AM PST by whitedog57
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To: Lorianne

We seem to have a vicious cycle going on here. Given that everyone is working at McDonald’s, there are no customers.
Only employees.


15 posted on 11/09/2012 10:48:11 AM PST by righttackle44 (I may not be much, but I raised a United States Marine .)
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To: Lorianne

I can understand why.
The last time I ordered a Big Mac, I got a got a luke warm Midget Mac.


16 posted on 11/09/2012 10:56:41 AM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: Lorianne

Yes, that’s true.


17 posted on 11/09/2012 11:01:27 AM PST by DoughtyOne (Hurricane Sandy..., a week later and 47 million Americans still didn't have power.)
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To: righttackle44
Now that is funny!

Remember how the Witch Peloser complained about The Bush Economy and low paying jobs?

The American Voter is beyond Stooopid.

18 posted on 11/09/2012 11:03:42 AM PST by Chgogal (Obama helped murder US Navy SEALs.)
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To: mylife
LOL!

I think Mac Midget sounds better....just sayin.

19 posted on 11/09/2012 11:04:47 AM PST by Chgogal (Obama helped murder US Navy SEALs.)
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To: fatnotlazy

Just maybe the fall-off at McD’s had something to do with all the people that have been heading to Chick-fil-A to support them?


20 posted on 11/09/2012 11:08:00 AM PST by Be Free (Benghazi: Americans died. Obama lied.)
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To: Lorianne
What to order:

What you get:


21 posted on 11/09/2012 11:10:00 AM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: Chgogal
Or a Micro Mac, but trademark battles are sure to happen...☺
22 posted on 11/09/2012 11:12:03 AM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: Lorianne
Have you been to McDonald's lately? 8 bucks for a hamburger and fries that were prepared by an inadequate teenager?
23 posted on 11/09/2012 11:12:18 AM PST by Reagan_Country_USA
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To: Reagan_Country_USA

I haven’t been to a McDonald’s (in the USA) in probably 10 years or so. I never liked their food and always found their restuarants kind of scuzzy and dirty looking.

I did used to like their breakfast burrito many years ago.

I was in a McDonald’s in the UK about a year ago and it was amazingly nice. It was like a 1st class restuarant. Nice decor, spic and span clean, soft lighting, no garish colors, the signage was understated. I could not believe I was in a McDonald’s. And it was at a roadside stop too! All I had was a drink but I was tempted to try the food the place looked so great.


24 posted on 11/09/2012 11:22:07 AM PST by Lorianne (fedgov, taxporkmoney)
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To: Reagan_Country_USA

I haven’t been to a McDonald’s (in the USA) in probably 10 years or so. I never liked their food and always found their restuarants kind of scuzzy and dirty looking.

I did used to like their breakfast burrito many years ago.

I was in a McDonald’s in the UK about a year ago and it was amazingly nice. It was like a 1st class restuarant. Nice decor, spic and span clean, soft lighting, no garish colors, the signage was understated. I could not believe I was in a McDonald’s. And it was at a roadside stop too! All I had was a drink but I was tempted to try the food the place looked so great.


25 posted on 11/09/2012 11:22:20 AM PST by Lorianne (fedgov, taxporkmoney)
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To: Be Free
” Just maybe the fall-off at McD’s had something to do with all the people that have been heading to Chick-fil-A to support them?”

***

Could be, but in my case I stopped going to McD after an incident when I ordered grilled chicken on my salad and it came with fried chicken instead. The young chick behind the counter was so busy chatting with her co-worker, she had to ask 3 times whether I wanted grilled or crispy and still she got it wrong.

At CFA, the employees are courteous; they listen to their customers and they serve some decent food. Another thing: I walk with a cane. The employees even help me carry the food to the table. Try getting that courtesy at McDonalds.

26 posted on 11/09/2012 11:30:37 AM PST by fatnotlazy
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To: mylife
The last time I ordered a Big Mac, I got a got a luke warm Midget Mac.

Yeah, who wants a "double burger" with two patties that together don't add up to a 1/4 pounder? I'll bet if you were to measure the area of the two patties, and add them together, they'd barely be the same as the area of the bottom of the bun they sit on.

27 posted on 11/09/2012 11:39:00 AM PST by IYAS9YAS (Rose, there's a Messerschmitt in the kitchen. Clean it up, will ya?)
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To: IYAS9YAS

The patties are as thin as shoe leather and shoe leather contains more BEEF!!


28 posted on 11/09/2012 11:48:43 AM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: IYAS9YAS
Awesome Burgers on the circle in Waco Tx


29 posted on 11/09/2012 11:52:17 AM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: IYAS9YAS

I want my burger “hand spanked”


30 posted on 11/09/2012 11:59:09 AM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: Lorianne

We ought to start a conservatives business directory list and do business ONLY with our fellow patriot Americans.


31 posted on 11/09/2012 12:28:03 PM PST by tflabo
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To: Reagan_Country_USA
Gotta be a value shopper. I get a sausage biscuit and small coffee w/creamer for breakfast on my way to work--$2.00. Salad with grilled chicken slice and ranch dressing for lunch--under five bucks(varies with the site.)I have no complaints, but on Mondays I always get lunch at Chick-fil-A because I'm in the neighborhood.
32 posted on 11/09/2012 2:28:53 PM PST by hinckley buzzard
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To: mylife
They better roll back the "calorie counts" they added to their menus. Some smart people sold off the stock the day they announced that.


33 posted on 11/09/2012 2:37:56 PM PST by JediJones (Newt Gingrich warned us that the "King of Bain" was unelectable. Did you listen?)
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To: FrankR

I thought the Obamacare waivers were nullified when Roberts called Obamacare a “tax”. The Executive Branch doesn’t have the legal authority to give waivers on a legislative tax.


34 posted on 11/09/2012 3:16:40 PM PST by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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