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Special Guest Post by Everybody Loves Coupons: McDonald's - Exception to the Rule in Fast-Food Sales

Time to git yr learnin on! Everybody Loves Coupons, of UltimateCoupons.com fame, is a blog about, what else, coupons: how to use 'em, where to get 'em, and saving serious cash with 'em. But lurking inside this unassuming blog are some surprisingly well-researched and interesting articles about the economy, seasonal trends, and our future as a society. So take a gander and then you can say, "Hey Ma! I's smart!"

Fast-food restaurants, once thriving in a down economy, have hit hard times as sales have slowed for most chains in 2010. One of the casualties is combo chain Wendy's-Arby's. Wendy's reported a 1.7 percent decline in same-restaurant sales in August while Arby's registered a 7.4 percent decline. The decline in sales has led to talk that the chain, acquired in 2008 by billionaire investor Nelson Peltz, may be up for sale again. "They're a legitimate candidate to shop to private equity," said Matthew DiFrisco, senior analyst with Oppenheimer & Co. Over at Jack in the Box, things are even worse. The company reported a 9% decline in revenue for its third quarter, driven by a 9.4 percent decline in sales at company-owned restaurants. Executives cited low consumer confidence along with high unemployment in key markets like Texas and California as reasons for the sharp decline in sales (California's 12.4 percent unemployment rate is third-highest in the nation).

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Comments


Laura

Posted on 09.22.10 at 5:11 PM

Wow.... McDonalds? Seriously? That place is disgusting and has no place here. Fast food in general shouldn't be on here because it is disgusting and horrible for you, the environment, has ruined how we as a country farm, etc., etc.

Caitlin

Posted on 09.22.10 at 7:38 PM

Just FYI, Laura, you could not sound like more of a snob.

One Ring to Rule Them All

Posted on 09.23.10 at 5:24 AM

Caitlin, normally I don't agree with you at all (and you know that), but in this case, I feel like you're onto something.

(Another) Caitlin

Posted on 09.23.10 at 11:57 AM

I post here a lot, but I'm not the Caitlin above, just to clarify...

Caitlin

Posted on 09.23.10 at 4:51 PM

Haha yeah, just make sure you include that after your name in future posts. Caitlin (not the fat ugly loser who likes McDonald's.)

Look, I don't even eat McDonald's. It's true that it's unhealthy and I'd much rather support local farming and the like. But the reality is, it's kinda become a staple in America for a lot of people. And that's not likely to change. All I'm saying is drop the holier-than-thou routine.

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