Latest news with #JohnGordon
India Today
23-05-2025
- Business
- India Today
McDonald's shuts down standalone beverage concept amid strategy shift
McDonald's Corporation has announced it will be closing all five of its CosMc's stores, a beverage-focused spinoff brand launched in 2023. The fast-food giant confirmed on Friday that the closures will begin in late June, marking the end of its standalone experiment in the rapidly growing specialty drink the Waters of the Drink SegmentAs reported by Reuters, The CosMc's locations, including one in San Antonio, Texas, were opened to test innovative beverage flavours and new technologies without interfering with operations at existing McDonald's outlets. According to the company, the purpose was to explore opportunities in the booming beverage sector — an area McDonald's believes it is well-positioned to succeed CosMc's-Inspired Drinks Headed to McDonald's MenuWhile the CosMc's stores will be shutting down, McDonald's said it will not abandon the concept entirely. Select "CosMc's-inspired" beverages will be rolled out at hundreds of McDonald's locations across the United States. The company operates over 14,000 restaurants in the U.S. and intends to use this wider platform to gauge customer interest in these new this year, McDonald's revealed plans to form an internal team focused solely on beverage innovation. This move signals the company's intent to compete more aggressively in a space traditionally dominated by brands offering complex, high-margin drink to Be DiscontinuedAs part of the shutdown, the CosMc's app — used for ordering and promotions — will also be deactivated in the coming weeks. The closures will take place gradually, with all locations expected to cease operations by industry consultant John Gordon noted that McDonald's has been relatively quiet in the specialty beverage space compared to competitors. However, he acknowledged that drinks offer higher profit margins than many food items and said McDonald's interest in expanding this segment is a strategic move.( With inputs from Reuters)ALSO READ: Trump signs executive orders to boost domestic nuclear power
Yahoo
23-05-2025
- Business
- Yahoo
McDonald's to close standalone beverage concept
By Waylon Cunningham (Reuters) -McDonald's Corp is shutting down the five beverage-centered CosMc's stores it opened in 2023, but said some drinks from the standalone concept would be tested in McDonald's restaurants. The company said on Friday it had opened the stores as a test to learn more about the 'fast-growing beverage space,' which it said it had a 'right to win.' It said the standalone stores – in markets including San Antonio, Texas – allowed it to test new flavor and technologies without impacting existing McDonald's restaurants. The company said it will test 'CosMc's-inspired' drinks to its main menu at hundreds of U.S. stores. The company has more than 14,000 locations in the U.S. In March, McDonald's announced it would be establishing a new internal team to develop new beverages. The company said all CosMc's would be closed on a rolling basis beginning in late June. The CosMc's app will also be discontinued. Restaurant consultant John Gordon said McDonald's has historically been 'very quiet' in the beverage space compared with other restaurant chains, which have experimented with complicated drinks that typically carry a higher profit margin than food items. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
23-05-2025
- Business
- Reuters
McDonald's to close standalone beverage concept
May 23 (Reuters) - McDonald's Corp (MCD.N), opens new tab is shutting down the five beverage-centered CosMc's stores it opened in 2023, but said some drinks from the standalone concept would be tested in McDonald's restaurants. The company said on Friday it had opened the stores as a test to learn more about the 'fast-growing beverage space,' which it said it had a 'right to win.' It said the standalone stores – in markets including San Antonio, Texas – allowed it to test new flavor and technologies without impacting existing McDonald's restaurants. The company said it will test 'CosMc's-inspired' drinks to its main menu at hundreds of U.S. stores. The company has more than 14,000 locations in the U.S. In March, McDonald's announced it would be establishing a new internal team to develop new beverages. The company said all CosMc's would be closed on a rolling basis beginning in late June. The CosMc's app will also be discontinued. Restaurant consultant John Gordon said McDonald's has historically been 'very quiet' in the beverage space compared with other restaurant chains, which have experimented with complicated drinks that typically carry a higher profit margin than food items.
Press and Journal
08-05-2025
- Entertainment
- Press and Journal
Music festival warning: Bring your own supplies as island hit by food shortages
Music fans attending Skye Live have been urged to consider bringing their own supplies as the island battles food shortages. The festival kicks of this evening and runs through the weekend, bringing an array of top Scottish acts to Portree. But shelves at the town's Co-op store are near empty after hackers targeted the supermarket chain and crippled deliveries across the UK. Some other business on the island have been forced to introduce rationing on products to head-off bulk buying and ensure supplies for locals and visitors alike. The number of shortages in the supermarket this week has alarmed residents. Many of those have reported significantly reduced stock during routine shopping trips. And the issue is particularly worrying given the increase in footfall expected this weekend as festivalgoers travel to the island. Hackers have targeted numerous businesses in recent weeks – including the Co-op, M&S and Harrods. The attacks have led to an array of problems for the businesses, with the cancellation of orders just one issue. Businessman John Gordon, a former Highland councillor, said: 'The number of empty shelves in the Co-op is concerning. 'I was alarmed at how empty they were while doing my shopping last night, especially now we're busy with tourists. 'Unless it's resolved quickly, there will be very little left. 'Fear then makes people bulk buy, which adds to the pressures.' Residents say the situation must be addressed swiftly to prevent further strain on supply chains and ensure essential goods remain available. The Skye Live festival is expected to bring hundreds of attendees to the island. The annual event offers a boost to the local economy, but this year there is concern the added pressure could worsen the supply problems. And residents attending the festival or visiting Skye this weekend are advised to bring essential food and drink supplies if possible. 'It is important to remember that none of this is the fault of the local staff,' Mr Gordon added. 'They are working hard under challenging circumstances to serve the community. 'They deserve to be shown patience, kindness and respect, both in person and on social media.' Mark Carter, of Amy's Place Cakes in Torrin, said: 'We try as much as possible to shop local. 'But at the moment there are limits on the amount of items, such as milk, that people can buy. 'It is also a 35-mile round trip to get to one of the local independent shops. 'It is time that the Co-op monopoly on the island is considered. 'This is in no way a reflection on the shop staff in the Co-op. 'They are working hard to make sure people get what they need. 'But there does need to be a discussion about the way we get food on Skye.' Rob Ware, secretary of Sleat Community Council, said: 'Here in the south of Skye we are fortunate to have two amazing community-owned shops at Armadale Stores and An Crùbh, near Camuscross. 'Staff are working hard to source products from other nationwide food distributors and continue to welcome local people and visitors from across the world.' In a statement issued this week, a Co-op spokesperson said: 'All our stores are open and trading. 'The sustained malicious attempts by hackers to access our systems…is temporarily impacting our colleagues' ability to perform their roles and how many deliveries we can make to our stores. 'This means that some of our stores might not have all of their usual products available. 'We would like to say sorry to our members and customers if this is the case in their local store. 'We are working around the clock to reduce disruption and resume deliveries.' Skye Live has been approached for comment.
BBC News
29-04-2025
- Sport
- BBC News
Everton fan, 80, ticks Bramley-Moore Dock stadium off bucket list
An "Everton-mad" fan who has been told he has months to live has said visiting the club's new "out-of-this-world" stadium was one of the best days of his life. John Gordon, 80, who has advanced lung cancer, said seeing the club's Bramley-Moore Dock ground and "going to heaven" were the only things on his bucket friend and fellow Toffees fan Gerry O'Brien helped organise the visit to the new waterfront stadium on Gordon, from Billinge in St Helens, said it was a "double whammy" as he also got to return to his beloved Goodison Park, where he was first taken as a toddler by his father. The former welding foreman at the National Coal Board said: "The new stadium is out of this world.""It meant everything to me to see it."Getting to returning to the "holy ground" of Goodison Park to sit in manager David Moyes's seat was a lovely bonus, he said. "It wasn't just the icing on the cake, it was the cherry on top, too," he said. Mr Gordon said the visit had given him a "big boost" and "perked him up".His wife of 53 years, Winfred, said: "He had a lovely day. He couldn't stop talking about it when he got home." Mr O'Brien, an Everton season ticket holder, said it was an incredible day."John was over the moon," the 79-year-old Gordon said he cannot thank his friend or the club enough for organising it."Gerry is a real gent and I couldn't ask for a better club."It is the best club in the world." Everton have two more home games to play at Goodison Park, the club's home for 133 new £750m waterfront stadium can hold 52,888 people at full capacity, about 13,000 more than Goodison, and has already opened for several test events. Listen to the best of BBC Radio Merseyside on Sounds and follow BBC Merseyside on Facebook, X, and Instagram and watch BBC North West Tonight on BBC iPlayer.
