McDonald’s Business Model Ten Times Better than Hardee’s?

In late February, THL Partners agreed to take CKE Restaurants (CKR) private in a transaction worth $694 million. CKE operates both Hardees and Carl’s Jr Restaurants. As you can see from the chart below, CKE operates about 3100 locations whereas McDonalds (MCD) operates nearly 32,000. My first impression of the CKE deal was, “Wow, that […]

Burger King Concedes to McDonald’s Business Model

In the latest round of the burger wars, Burger King has apparently given up.  As you can see from the following commercial, Burger King has apparently run out of ideas and has changed its model to “Hey, we are not as good as McDonald’s, but we are cheaper.” This commercial is bothersome in many ways: […]