FINANCE

McDonald’s Q3 profit rises 12% on strong global sales

BY CSA STAFF

Oak Brook, Ill. McDonald’s Corp. reported Thursday that earnings for the quarter ended Sept. 30 rose 12% to $1.4 billion, driven by growth across all areas of the world, said the fast-food hamburger chain.

Revenue systemwide for the quarter increased 4% to $6.304 billion, compared with $6.046 billion in the year-ago period.

Global same-store sales increased 6%, with the United States up 5.3%, Europe up 4.1% and Asia/Pacific, Middle East and Africa up 8.1%.

“McDonald’s customer focus, menu innovation and the ongoing modernization of our restaurants continue to drive our business momentum,” said CEO Jim Skinner. “For the third quarter, we grew comparable sales and customer visits around the world and delivered increased profitability.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
MARKETING/SOCIAL MEDIA

Starbucks launches in-store digital network

BY CSA STAFF

Seattle — Starbucks on Wednesday launched an in-store digital network for customers with mobile devices, in a partnership with Yahoo.

The network will provide customers with six channels: News, Entertainment, Wellness, Business & Careers, My Neighborhood and Starbucks. It is powered by free WiFi and developed for screens big and small. Customers with WiFi enabled laptops, tablets or smartphones can visit the network while in line or while enjoying their favorite beverage in the cafe.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
OPERATIONS

Century 21 automates hiring process with Kronos solution

BY CSA STAFF

Chelmsford, Mass. — Century 21 Department Stores has chosen Kronos’ selection and hiring solution to manage the end-to-end hiring process for its 3,500 employees. With the solution, the retailer anticipates a 50% reduction in the time it currently spends on hiring new employees for its retail stores and corporate office.

Century 21 Stores was looking for a way to reduce turnover and make smarter hires. The Kronos solution allows the organization to focus only on the best applicants for Century 21 by offering managers and recruiters for Century 21 stores guidance, structured interview guides, and assessment results aimed at making the best hiring decision.

The solution also will enable Century 21 to improve workforce productivity by automating the entire hiring process, from receiving electronic applications and resumes to complete onboarding with e-Signature.

"The primary reason we selected Kronos is that it provides an end-to-end solution for both our corporate and store employees and its behavioral assessments,” said Jenifer Thoma, director, human resources, Century 21 Stores.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...