Financial Trade Freedom - Investing and Stock News
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Financial Trade Freedom - Investing and Stock News
No Result
View All Result
Home Editor's Pick

McDonald’s plans to eliminate self-service soda stations at all its restaurants

by
September 13, 2023
in Editor's Pick
0
McDonald’s plans to eliminate self-service soda stations at all its restaurants
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Say goodbye to refilling that Coke. McDonald’s is getting rid of self-served soda.

The Chicago-based fast food chain plans to eliminate self-service soda machines at its U.S. restaurants by 2032, McDonald’s confirmed this week. It’s unclear if locations outside the U.S. will follow suit.

In an email to The Associated Press Tuesday, McDonald’s USA said the goal of the change is to create consistency for customers and crew members across the chain’s offerings — from in-person dining to online delivery and drive-thru options.

The company did not specify if any additional factors — such as finances or sanitation — impacted the decision to part ways with its self-serve machines. For years, McDonald’s customers have used the machines to fill and refill their beverages without additional trips to a cashier.

Behind-the-counter soda machines already exist at some other fast food chains — and a handful of McDonald’s locations across the country have also begun the transition. According to The State Journal-Register, which first reported on the company’s plans last week, several locations in Illinois, for example, are starting to phase out self-service soda.

Over recent years, analysts have also pointed to changes in consumer behavior since the covid pandemic — including an uptick in digital and online delivery sales among fast food restaurants. As a result, some chains have toyed with enhancing drive-thrus or strengthening connections with food delivery apps — from Chipotle growing its Carside pickup locations to Domino’s penning a new partnership with Uber Eats.

McDonald’s digital sales — made up of app, delivery and kiosk purchases — accounted for almost 40% of systemwide sales for the second quarter of 2023. Revenue rose 14% to $6.5 billion for the period, the chain reported in July, and net income nearly doubled to $2.3 billion for the quarter — exceeding analysts’ expectations.

Some of those gains may fade a bit in the second half of the year. The price increases that have helped fuel McDonald’s sales in recent quarters will moderate as inflation comes down, Chief Financial Officer Ian Borden said during July’s Q2 earnings call.

This post appeared first on NBC NEWS
Previous Post

Biden admin claims economic policies are ‘working,’ but its own data paint a very different picture

Next Post

Smucker agrees to buy Twinkie maker Hostess Brands for $5.6 billion

Next Post
Smucker agrees to buy Twinkie maker Hostess Brands for $5.6 billion

Smucker agrees to buy Twinkie maker Hostess Brands for $5.6 billion

  • Trending
  • Comments
  • Latest
Biden visits Vietnam to bolster alliance confronting China

Biden visits Vietnam to bolster alliance confronting China

September 11, 2023
Disney drops all but free speech claim in political retaliation suit against Ron DeSantis

Disney drops all but free speech claim in political retaliation suit against Ron DeSantis

September 12, 2023
Smart Solutions for Costs: How to Stay Prepared Financially

Smart Solutions for Costs: How to Stay Prepared Financially

September 18, 2023
Boebert apologizes for vaping and disrupting ‘Beetlejuice’ musical

Boebert apologizes for vaping and disrupting ‘Beetlejuice’ musical

September 16, 2023
PAAL AI (PAAL): Price Declines and Community Optimism Also

PAAL AI (PAAL): Price Declines and Community Optimism Also

0
Biden administration asks Supreme Court to take up major abortion pill case

Biden administration asks Supreme Court to take up major abortion pill case

0
Delegation of Australian lawmakers will visit US to push for Julian Assange’s release: ‘Powerful message’

Delegation of Australian lawmakers will visit US to push for Julian Assange’s release: ‘Powerful message’

0
New Mexico governor temporarily suspends open, concealed carry across Albuquerque: ‘Violence at every turn’

New Mexico governor temporarily suspends open, concealed carry across Albuquerque: ‘Violence at every turn’

0
PAAL AI (PAAL): Price Declines and Community Optimism Also

PAAL AI (PAAL): Price Declines and Community Optimism Also

September 22, 2023
Harris makes political, personal connection with students on college tour

Harris makes political, personal connection with students on college tour

September 22, 2023
4 political takeaways from Rupert Murdoch’s exit

4 political takeaways from Rupert Murdoch’s exit

September 22, 2023
Senate confirms two more military leaders despite Tuberville blockade

Senate confirms two more military leaders despite Tuberville blockade

September 22, 2023
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    PAAL AI (PAAL): Price Declines and Community Optimism Also

    PAAL AI (PAAL): Price Declines and Community Optimism Also

    September 22, 2023
    Harris makes political, personal connection with students on college tour

    Harris makes political, personal connection with students on college tour

    September 22, 2023
    4 political takeaways from Rupert Murdoch’s exit

    4 political takeaways from Rupert Murdoch’s exit

    September 22, 2023
    Senate confirms two more military leaders despite Tuberville blockade

    Senate confirms two more military leaders despite Tuberville blockade

    September 22, 2023
    • About Us
    • Contact Us
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions
    • About Us
    • Contact Us
    • Email Whitelisting
    • Terms and Conditions
    • Privacy Policy

    All Rights Reserved © 2023 Financialtradefreedom.com

    No Result
    View All Result
    • About Us
    • Contact Us
    • Email Whitelisting
    • Investing and Stock News
    • Privacy Policy
    • Terms and Conditions

    All Rights Reserved © 2023 Financialtradefreedom.com