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Business Wed Oct 01 2008

A Longer Wait for a McLatte

Oak Brook based McDonald's planned roll out of the new premium coffee cafes has hit a big snag, the current economic crisis. Bank of America was the primary lender to franchisers and has apparently reached its limits in regards to loans for the new cafes, rumored to cost 100K per location. McDonald's had planned to open 14,000 of the new cafes by April of 2009 but it seems that the rollout will be pushed further into the summer.

 

hello / October 1, 2008 9:13 AM

FWIW, I believe this story (which ran on AP/etc) is erroneous. I read a story (on the internet of course) in which McDonald's denied the facts of the story. YMMV.

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Event Mon Jul 21 2014

A Garden Party at Rick Bayless' House

By Judy Wu

I was using Rick Bayless' restroom, I mused, staring up at the ceiling window that was projecting a heavenly beacon of light upon my less-than-angelic duties. I could barely distinguish Rick's faint murmurs through the orange walls, something about how...
Read this feature »

 

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Drive-Thru is the food and drink section of Gapers Block, covering the city's vibrant dining, drinking and cooking scene. More...
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