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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
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
Business
Chick-fil-A Opens New Restaurant In Farmingville Chick-fil-A Opens New Restaurant In Farmingville
Chick-fil-A Opens New Restaurant In Farmingville It’s a great day for lovers of Chick-fil-A. The chicken sandwich chain celebrated the grand opening of its newest restaurant, located in Farmingville’s Expressway Plaza at 2280 North Ocean Avenue, on Thursday, Oct. 17. It marks Chick-fil-A’s ninth location on Long Island. The new restaurant is expected to bring approximately 115 full- and part-time jobs and will be locally owned and operated through a franchise model, the company said. View this post on Instagram A post shared by Chick-fil-A, Inc. (@chickfila) It will be open for dine-in …

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by Michael Mashburn