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Fast Food News

Here’s What Could Have Led To Jack In The Box Selling Qdoba

Photo: Bobak Ha’Eri | Wikimedia Commons

This morning, news broke that fast-casual Mexican brand Qdoba had been sold by Jack In The Box. The restaurant chain was sold to Apollo Management Group, who also owns Chuck E. Cheese’s, in a $305 million deal expected to close in April 2018.

USA Today attributes a number of factors that led to Qdoba’s less-than-ideal fiscal year. Company-owned same-store sales dropped 4 percent in the fourth quarter of 2017, with overall same-store sales dropping 2 percent. There was also a 50 percent hike in avocado prices that definitely didn’t help.

Qdoba was purchased by Jack In The Box in 2003 when they only had 85 locations. In the 14 years since, the brand grew drastically under Jack’s ownership with more than 700 restaurants in the United States.

This, however, was during the era where fast-casual eateries like Chipotle were flourishing.

With a concept so similar to Chipotle, it was understandable that Qdoba had trouble finding a way to differentiate itself from the Steve Ells-founded brand. Between the two, Chipotle was much more recognizable.

It also didn’t help that Chipotle began serving queso dip this year, one of the few things that set Qdoba apart from the fast-casual chain. Ultimately, there wasn’t too much that made Qdoba stand out from other fast casual spots.

Earlier this year, Jack In The Box announced that they would prioritize value, soon announcing the release of a 2018 value menu. During that announcement, the burger chain kept pretty hush about the future of Qdoba.

Jack In The Box Chief Executive Lenny Comma did mention earlier this May that having two different business models has impacted the value of the company as a whole. He also said in a second quarter earnings release that one of the things that would cause Jack to reconsider their plans for Qdoba was valuation. Paired with higher wages affecting restaurant margins, the sale to Apollo began to make much more sense.

So what’s Jack planning after the sale goes through?

According to the release, Jack in the Box will use the proceeds of the deal to retire outstanding debt.

Hopefully, under Apollo, Qdoba will have a second chance to rebrand themselves into something fans will flock towards. An al pastor spit, for example, would blow our minds.

Categories
Features News

The Heartbreaking Tale Of The Boy Selling Lemonade To Pay For His Adoption

My eyes are welling up and I haven’t even gotten past the first sentence.

Tristin Jacobson was dealt a painful and unfair hand. At the tender age of five, Tristin’s mother abandoned him, leaving him on the doorstep of a homeless shelter on a cold winter night. According to the Springfield News-Leader, Tristin’s mother suffered from drug addiction and was prostituting herself for money in order to fund her habits.

Now pushing nine, Tristin longed to be adopted by his kinship guardian, Donnie Davis. Certainly not due to a lack of love, Davis was unfortunately unable to adopt him, and this broke her heart. She simply didn’t have the funds to adopt him, and adopting is a thorough and very expensive process.

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Tristin, however, was not ready to give up, not by a longshot. Tristin decided to put his math skills (his favorite subject in school) to work by opening up a lemonade stand, doling out refreshing drinks to passersby for $1. Day in and day out, this brave young man found the courage and drive to pick himself up each morning and head back to work, a lifestyle normally reserved for adults who have had the blessings of growing up with a loving family. He didn’t depend on others for help though; he made his own way, and nothing as ridiculous as money was going to impede him from making it to the top.

“She will be my parent,” he said in regards to Donnie. “I’m happy because I have a new mom who loves me.”

Despite all the legality issues surrounding parenting, Donnie assures everyone that regardless what anyone says, her love for Tristin makes her his mother, no matter what. “It means everything. He is absolutely our son. He is in our hearts. This is more for reassurance for him, knowing that he has his forever family and he has our name.”

Although he did eventually receive help from others (out of the kindness of their hearts and not because he asked), the young entrepreneur set a goal for himself of $5,000. In order to generate a little more cashflow for her little man, Donnie also set up a funding campaign on YouCaring.com and raised a whopping $6,900. Coupled with the $7,100 Tristin made from the lemonade stand and a garage sale Donnie and Jimmy (Donnie’s wife and Tristin’s other kinship guardian) put together, the little family of fighters raised a grand total of $14,000.

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Donnie embraces Tristin in a way that only a loving mother could.

Suffice it to say, Tristin (now Tristin Davis) climbed his way out of this heartbreaking story and into the arms of a loving family, making this a happy ending infinitely more gratifying than any Disney film could ever fabricate.

“There’s not enough words to say ‘thank you’ to everyone who has shown support or given us donations,” Davis said. “Everyone has made this possible. We will make sure this child will forever be ours.”

 

 

Source: Springfield News-Leader, WGNTV, The Ant Media, Saboteur 365, Fox2Now

Categories
Fast Food

McDonald’s Big Mac Sauce Is Finally Being Sold By The Bottle

Mac-Sauce-Sale

We can’t explain it, but there’s just something about McDonald’s Mac Sauce that we can’t get enough of. Yeah, we know it’s more or less thousand island dressing. Yet the way Mcdonald’s makes it keeps us coming back for more Big Macs. Imagine our envy when we hear that McDonald’s Australia is selling the sauce by the bottle.

In a limited run, the fast food chain is selling 4,000 bottles for $4.95 each. The bottles will be available at 40 participating restaurants in Australia, Brand Eating reports.

For five bucks and a 500ml bottle, we’d never have to be ask for extra Mac Sauce again. The delicious foods we could sauce would be endless. Like chocolate chip cookies.

Don’t judge us.

Categories
Fast Food

McDonald’s Mighty Wings Return for 60 Cents a Piece

For anyone not privy to McDonald’s embarrassing Mighty Wings fiasco, here’s what you’ve missed. Last summer, McDonald’s unveiled a new spicy deep fried chicken wing which originally sold for nearly $1 each. Too pricey and spicy for customer tastes’, however, the MW’s floundering sales ultimately left franchisees with over 10 million pounds of unsold wangs — 20% of the original order of 50 million pounds.

Now, as promised, McDonald’s HQ has finally concocted a new deal to move the extra birds along. For a limited time, Mighty Wings will be available at all participating locations at five wings for $3, or 60 cents per wing. Considering the wings’ size and comparative quality, this is a surprisingy good value, and hopefully enough to end the Mighty Wings disaster once and for all.

That’s assuming we all ignore the fact that the wings have been sitting in frozen storage the past few months — well under the FDA recommended guidelines for quality and safety, for sure, but still a little “ew.”

Categories
Deals

Starbucks Offering Free Espresso Drinks With Refill Tumbler

Espresso_refill_tumbler_(2)

The time has come once again for Starbucks’ semi-traditional holiday deal. The coffee giant is offering free espresso drinks everyday in January to customers who come in with their new Starbucks Stainless Steel Espresso Refill Tumbler. The tumbler is priced at $75 but will be on sale for $65 when it makes its Black Friday debut. The price seems like a bargain considering the total value of a 31 grande sized drinks is about $140.

Eligible beverages include all espresso crafted drinks including holiday lattes. Caffeine addicts will more than make up their money in the form espresso laced drinks for 31 days straight but the offer is only good while supplies last at participating Starbucks locations.

Starbucks previously offered a similar deal in December 2011 with a refillable coffee tumbler for the much lower price of $19.95. Customers were treated to a free fresh cup of coffee on Starbucks everyday in January 2012.

We’re wondering how exactly the barista would know you already got your freebie of the day if you happened to try to use your tumbler at multiple locations because that’s definitely the way to go to double your tumbler’s worth.

H/T + Pic Thx Eater