This is the stupidity of Wall Street and their 'so called' market forces. According to Wendy's CEO in January they have to get better 'thinker' to thunk up better STRATEGIES to improve profits.
There is only ONE THING that will provide better profits to Wendy's. They need to get rid of all their "Big Thinkers" that have no clue what that one thing is and their profits will BEGIN to increase.
Then the ONLY thing Wendy has to do is sell MORE PRODUCT. Ah, but, how do they do that, they just let all their Big Thinkers go and there are no more Big Thinkers at Wendy's.
Hmmmmmmmmm???????????????????
I got it, increase the pay and benefits of their workers that puts more DISPOSABLE INCOME into their pockets and watch them sell more burgers. I'll be darn.
The United States of America has a huge service industry. While rebuilding it's manufacturing sector, there are enormous service industry jobs. The market is stalled. Why? Because there more money coming into it. The money is sequestered at the top 1% and the rest of the PRODUCT MARKET is starving due to lack of CIRCULATING CAPITAL.
This is NOT magic. Products won't move off shelves UNTIL they are dirt cheap rather than the high expectations of manufacturers and retailers. The CEOs are starving their own markets because they won't pay their employees a living wage, yet alone a DISPOSABLE income.
Where is the consumer money? A CEO has to look to where the money in the USA Economy is and realize they have a problem. The money is sequestered in their stockholder incomes and their own bonuses. CEOs are living on hubris while their economy implodes around them.
THE BEST OPPORTUNITY for any American to upward movement is higher education and/or small business start ups. The CEOs of Wall Street are worthless to the American consumer. They have painted themselves into a corner and they are too scared to find their way out.
LOCAL ECONOMIES EVERYONE !!!!!!!!
Start a beekeeping enterprise and sell the honey to the local organic food market. Look around the community, find an opportunity that is viable and find a way to BUILD YOUR OWN COMMUNITY ECONOMY.
If Wall Street wants to succeed they have to accept unions and their contracts as a means to building a better Middle Class and returning circulating capital to the USA economy. They don't do it? We'll find a way.
01/30/12
Christina Rexrode
NEW YORK — Wendy's new CEO (click here) on Monday called the dour results of the past few years "self-inflicted wounds" and vowed to do better, laying out plans that included hiring top-tier workers and reclaiming market share from higher-end competitors like Five Guys and Smashburger.
Emil Brolick, the CEO since September, told investors on Monday that he was intent on winning back customers, jaded by a stale menu and inconsistent service, as well as investors, who have grown weary of "a little bit of overpromising and under-delivering."
And rather than blaming the struggling economy for the revenue declines and quarterly losses of the past few years, Brolick said that the company's problems were its own fault. Though Wendy's Co. had carved out a niche in the restaurant business as fast food for grownups, it had lost its way in recent years....
There is only ONE THING that will provide better profits to Wendy's. They need to get rid of all their "Big Thinkers" that have no clue what that one thing is and their profits will BEGIN to increase.
Then the ONLY thing Wendy has to do is sell MORE PRODUCT. Ah, but, how do they do that, they just let all their Big Thinkers go and there are no more Big Thinkers at Wendy's.
Hmmmmmmmmm???????????????????
I got it, increase the pay and benefits of their workers that puts more DISPOSABLE INCOME into their pockets and watch them sell more burgers. I'll be darn.
The United States of America has a huge service industry. While rebuilding it's manufacturing sector, there are enormous service industry jobs. The market is stalled. Why? Because there more money coming into it. The money is sequestered at the top 1% and the rest of the PRODUCT MARKET is starving due to lack of CIRCULATING CAPITAL.
This is NOT magic. Products won't move off shelves UNTIL they are dirt cheap rather than the high expectations of manufacturers and retailers. The CEOs are starving their own markets because they won't pay their employees a living wage, yet alone a DISPOSABLE income.
Where is the consumer money? A CEO has to look to where the money in the USA Economy is and realize they have a problem. The money is sequestered in their stockholder incomes and their own bonuses. CEOs are living on hubris while their economy implodes around them.
THE BEST OPPORTUNITY for any American to upward movement is higher education and/or small business start ups. The CEOs of Wall Street are worthless to the American consumer. They have painted themselves into a corner and they are too scared to find their way out.
LOCAL ECONOMIES EVERYONE !!!!!!!!
Start a beekeeping enterprise and sell the honey to the local organic food market. Look around the community, find an opportunity that is viable and find a way to BUILD YOUR OWN COMMUNITY ECONOMY.
If Wall Street wants to succeed they have to accept unions and their contracts as a means to building a better Middle Class and returning circulating capital to the USA economy. They don't do it? We'll find a way.
01/30/12
Christina Rexrode
NEW YORK — Wendy's new CEO (click here) on Monday called the dour results of the past few years "self-inflicted wounds" and vowed to do better, laying out plans that included hiring top-tier workers and reclaiming market share from higher-end competitors like Five Guys and Smashburger.
Emil Brolick, the CEO since September, told investors on Monday that he was intent on winning back customers, jaded by a stale menu and inconsistent service, as well as investors, who have grown weary of "a little bit of overpromising and under-delivering."
And rather than blaming the struggling economy for the revenue declines and quarterly losses of the past few years, Brolick said that the company's problems were its own fault. Though Wendy's Co. had carved out a niche in the restaurant business as fast food for grownups, it had lost its way in recent years....
