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Mar 9, 2015

McDonald’s vows ‘modern’ makeover amid U.S. sales struggle

By Lisa Baertlein

(Reuters) – McDonald’s Corp (MCD.N: Quote, Profile, Research, Stock Buzz) on Monday vowed to remake itself as a “modern, progressive burger company” after aggressive competition from Chipotle Mexican Grill Inc (CMG.N: Quote, Profile, Research, Stock Buzz), Chick-fil-A and myriad “better burger” chains bit into U.S. restaurant sales last month.

February ended the run of former Chief Executive Don Thompson. His short tenure included 2014, when falling profit, revenue and traffic resulted in one of McDonald’s worst years in decades.

Mar 8, 2015

Insight – Chicken growers set to pay price for no-antibiotic McNugget

CHICAGO/LOS ANGELES (Reuters) – McDonald’s Corp’s decision last week to phase out human antibiotics from its U.S. chicken supply will add to costs of production in a tight-margin business that are likely to be borne mostly by poultry companies.

McDonald’s, whose top chicken suppliers include giant Tyson Foods Inc, has given its producers two years to eradicate all antibiotics used on humans from barns and hatcheries. It’s going to be expensive and may take longer than planned: switching to antibiotic-free chickens could increase on-farm costs by up to 3 percent. Perdue Farms, a supplier with about a third the volume of Tyson, told Reuters it’s taken more than a decade and millions of dollars to make such a change.

Mar 8, 2015

Chicken growers set to pay price for no-antibiotic McNugget

CHICAGO/LOS ANGELES, March 8 (Reuters) – McDonald’s Corp’s
decision last week to phase out human antibiotics from
its U.S. chicken supply will add to costs of production in a
tight-margin business that are likely to be borne mostly by
poultry companies.

McDonald’s, whose top chicken suppliers include giant Tyson
Foods Inc, has given its producers two years to
eradicate all antibiotics used on humans from barns and
hatcheries. It’s going to be expensive and may take longer than
planned: switching to antibiotic-free chickens could increase
on-farm costs by up to 3 percent. Perdue Farms, a supplier with
about a third the volume of Tyson, told Reuters it’s taken more
than a decade and millions of dollars to make such a change.

Mar 5, 2015

McDonald’s antibiotic-free move could prompt U.S. chicken squeeze

March 4 (Reuters) – A plan by McDonald’s Corp to
phase out chicken raised with certain kinds of antibiotics at
its 14,000 U.S. restaurants will put additional pressure on an
already-stressed supply chain.

Antibiotic-free chicken currently accounts for a tiny
portion of total U.S. supplies, and an increasing desire on the
part of consumers for more “natural” products has meant that
demand sometimes exceeds supply.

Mar 4, 2015

McDonald’s USA to phase out human antibiotics from chicken supply

March 4 (Reuters) – McDonald’s Corp’s U.S.
restaurants will gradually stop buying chicken raised with
antibiotics vital to fighting human infections, the most
aggressive step by a major food company to force chicken
producers to change practices in the fight against dangerous
‘superbugs.’

The world’s biggest restaurant chain announced on Wednesday
that within two years McDonald’s USA will only buy chickens
raised without antibiotics that are important to human medicine.
McDonald’s policy will begin at the hatchery, where chicks are
sometimes injected with antibiotics while still in the shell.

Mar 4, 2015

Exclusive: McDonald’s USA to phase out human antibiotics from chicken supply

By Lisa Baertlein and P.J. Huffstutter

(Reuters) – McDonald’s Corp’s U.S. restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to force chicken producers to change practices in the fight against dangerous “superbugs”.

The world’s biggest restaurant chain will announce on Wednesday that within two years McDonald’s USA will only buy chicken raised without antibiotics that are important to human medicine. McDonald’s policy will begin at the hatchery, where chickens sometimes are injected with antibiotics while still in the shell.

Mar 2, 2015

Los Angeles water sommelier wants bottled water treated like wine

LOS ANGELES, Mar 2 (Reuters) – Water sommelier Martin Riese
has seen the eye-roll and heard it before: “Water tastings? Only
in L.A.”

Los Angeles, birthplace of many food trends, may prove the
perfect setting for the next phase in Riese’s campaign to make
people think about water in the same way they think about wine.

Feb 26, 2015

Dunkin’ Brands’ K-Cup packs to be sold online and at retail stores

By Lisa Baertlein and Anjali Athavaley

(Reuters) – Dunkin’ Brands Group Inc (DNKN.O: Quote, Profile, Research, Stock Buzz) said on Thursday that its Dunkin’ K-Cups will be available online and across retail stores in North America, a move that expands the doughnut chain’s brand in the single-serve coffee market amid growing competition.

Dunkin’ K-Cups are available at present only in Dunkin’ Donuts restaurants in the United States. Later this year, through an agreement with J M Smucker Co (SJM.N: Quote, Profile, Research, Stock Buzz) and Keurig Green Mountain Inc (GMCR.O: Quote, Profile, Research, Stock Buzz), consumers will be able to buy the product in grocery stores, drugstores and private warehouse stores, as well as on the Dunkin’, Smucker and Keurig websites.

Feb 24, 2015

Domino’s shares down on higher costs, wage hike worries

By Lisa Baertlein

(Reuters) – Domino’s Pizza Inc (DPZ.N: Quote, Profile, Research, Stock Buzz) on Tuesday reported quarterly profit that fell short of Wall Street’s estimate, as higher costs took some of the shine off better-than-expected sales at established restaurants.

Shares in the second-largest U.S. pizza chain by store count slipped 0.7 percent to $103.73 as some analysts worried that labor and other costs could take a bite out of profits in 2015.

Feb 20, 2015

McDonald’s pressured to hike pay as Wal-Mart raises, economy improves

By Lisa Baertlein

(Reuters) – McDonald’s Corp and its franchisees may have few options but to begin raising hourly wages as an improving U.S. economy creates competition for good workers and as mega-employer Wal-Mart Stores Inc sets a higher bar on pay, according to labor experts.

The pressure comes at a particularly difficult time for the world’s biggest fast-food chain. McDonald’s and its roughly 3,000 U.S. franchisees are fighting to break a long streak of lackluster sales that has made it virtually impossible to boost prices on its famous hamburgers and french fries to cover higher labor costs.

    • About Lisa

      "Lisa writes about restaurants and grocery stores. She is based in Los Angeles and previously has covered computer software, Internet companies, video games, prescription drugs and municipal bonds."
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