Some say the definition of insanity is trying the same thing over and over again, expecting a different outcome. By that standard, McDonald’s executives should be fitted for straight-jackets and kept away from the plastic knives and forks in their fast-food restaurants.
Despite repeated failures of McDonald’s McCafé in America since 2001, bull-headed McDonald’s execs are doing their best to outdo Sony’s Mini-Disc fiasco-that-wouldn’t-die: McDonald’s to expand espresso service across U.S. | Reuters. This time, McDonald’s excuse to try reanimating the corpse again is their financial and taste-test success of their premium drip coffee.
A Dow Jones Industrial Average blue chip stock must continue to find growth for their shareholders from somewhere, especially when same-store sales go dead in the water. This is what got GE into the unplugged businesses of trailer rentals and leasing contracts. Here McDonald’s Corporation seems bent on turning their fast-food restaurants into entire shopping mall food courts, even if consumers aren’t interested.
2 Comments »