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McDonald’s CEO Flags Consumer Strain, Brings Back Value Deals McDonald’s CEO Flags Consumer Strain, Brings Back Value Deals
McDonald’s CEO Flags Consumer Strain, Brings Back Value Deals America’s diners are splitting into haves and have-nots, and McDonald’s is feeling it, CEO Chris Kempczinski says. In an interview with CNBC’s Squawk Box earlier this month, Kempczinski described a “two-tier economy” in which higher-income consumers remain confident while lower- and middle-income Americans are under mounting pressure when they eat out.  He said recent sales analysis shows the divide growing, with value-focused guests pulling back or trading down. To meet the moment, McDonald’s is leaning harder into deals. The chain is rolling out an Extra Value lineup that inclu…

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by Joe Lombardi
Business
Starbucks Opens New Location In CT City Amid Company Turmoil Starbucks Opens New Location In CT City Amid Company Turmoil
Starbucks Opens New Location In CT City Amid Company Turmoil Starbucks has expanded its footprint in West Hartford with a fifth location. The coffee chain opened a new store this week at 415 South Main St., featuring a drive-thru. The store opens daily at 5 a.m. Starbucks already operates locations in West Hartford on LaSalle Road, Kane Street, Albany Avenue, and New Britain Avenue. The expansion comes during a tumultuous time for the coffee giant. Earlier this month, the company announced it is streamlining its menu and discontinuing some of its most popular drinks, including several Frappuccino options, the royal English breakfast latte, and whit…

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by Josh Lanier
Business
Krispy Kreme Serves Up $1 Dozens For This One Day Only Krispy Kreme Serves Up $1 Dozens For This One Day Only
Krispy Kreme Serves Up $1 Dozens For This One Day Only Krispy Kreme is bringing back its annual “Day of the Dozens” promotion, offering a dozen Original Glazed doughnuts for $1 with the purchase of any dozen doughnuts or a 16-count of Minis at regular price.  The offer is available for in-shop and drive-thru purchases, as well as online orders. The promotion will take place on Thursday, Dec. 12, at participating locations.  Customers can redeem the offer twice in-store or via drive-thru, while online orders are limited to one redemption using the promo code “DOZEN.” The promotion coincides with Krispy Kreme’s “Elf” Holiday Collectio…

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by Joe Lombardi