I posted earlier this year that this was coming… He made it.
I posted earlier this year that this was coming… He made it.
More restaurants go cashless, accept only cards and other forms of payment – USA Today, 2018/04/15
While no one has kept a running count of restaurants adopting the cashless policy, interest is clearly rising. A 2016 Federal Reserve study found the number of non-cash payments — including credit and debit cards — totaled 144 billion in 2015, having grown 5.3% annually between 2012 and 2015.
Restaurant owners say ordering is faster from customers who slap down plastic instead of dollars, cutting a few seconds out of the process. But most of the benefits appear to accrue to the restaurants: less time taken counting bills, reduced pilferage, no armored-car fees or fear of stickups.
It’s a risky strategy. For starters, upscale Millennials — among the most coveted of diners because of their youth and affluence — prefer to pay in cash, according to Bankrate.com data. Also, more than a third of Americans between the ages of 18 and 37 do not have a credit card.
For customers, patronizing restaurants that don’t take cash means one less payment option when they need a quick meal during an all-too-short lunch hour. Plus, it raises questions about whether it discriminates against cardless teens and the poor.
So far, though, the giants of the fast-food world remain unconvinced.
Earlier this month, Trump suggested a change in the food stamp program.
The program would be a vast logistical undertaking for a federal bureaucracy that President Donald Trump has repeatedly criticized as unwieldy and wasteful. The White House said the new boxes would go to households qualifying for $90 or more per month in food stamps, representing about 81 percent of those participating in what is formally known as the Supplemental Nutrition Assistance Program. Currently, SNAP recipients can choose what they spend the money on while shopping at any approved retailer.
There are numerous sectors of the economy that would be affected… but maybe they had this in mind…
USDA: 35,891 Retailers Engaged in Food Stamp Fraud – CNS News Service
The U.S. Department of Agriculture has published a report estimating that 35,891 food retailers around the country engaged in food stamp fraud, illegally “trafficking” more than $1 billion in Supplemental Nutrition Assistance Program benefits annually over the three-year period from 2012 through 2014.
Of the 35,891 food retailers the report estimated engaged in food stamp trafficking, only 30 were categorized as “supermarkets” and only 42 were “large groceries.”
By contrast, 1,700 were medium-sized groceries; 4,850 were small groceries, and 25,954 were “convenience stores.”
While only 0.07 percent of supermarkets engaged in food stamp trafficking, according to the report, 23.32 percent of small groceries did and 19.42 percent of convenience stores.
“Trafficking was most likely to occur in the most urban areas,” the report said.
Well almost 30,000 – he is expected to hit that amount around May 4 of this year.
Don Gorske, who found fame after his brief appearance on the 2004 film Super Size Me, has eaten two Big Macs every day since May 17, 1972, and is currently at 29,877.
He was officially entered into the Guinness Book of Records last year after devouring a his 28,788th in front of judges, a feat no-one in the world has come even close to surpassing.
The retired Fond du Lac, Wisconsin, resident told The Sun Online: “I love Big Macs so much I’ll keep eating them until I die. If I live as long as my dad I’ll pass 40,000.
Since then, he says the burgers have comprised between 90 and 95 percent of his total diet.
Nowawadays Don, a retired prison guard, only visits McDonald’s twice a week.
On a Monday, he’ll buy six Big Macs. He eats one, then wraps the rest in clingfilm and microwaves them as needed over the following days. He returns on Thursday to buy another eight and repeat the process.
Apparently the guy is in decent health. Wow…
2017/11/08 – FDA Releases New Guidance on Calorie Rule – Washington Free Beacon
The Food and Drug Administration on Tuesday released draft guidance to help chain restaurants and groceries comply with an Obamacare regulation that requires calorie labeling on menus.
The regulation, which applies to chains of 20 or more stores, is set to take effect in May 2018. The Trump administration delayed the compliance date earlier this year to take into account concerns of companies and food associations that must comply.
Pizza chains represented by the American Pizza Community—including Domino’s, Papa John’s, and Little Caesars—raised the issue that pizza can contain up to a billion topping combinations, making the rule unworkable unless they can comply online. Domino’s has said the vast majority of their orders are already placed online, where customers can use a calorie tracker for any pizza they order.
The new FDA guidance does not allow pizza chains to comply online but attempts to provide more flexibility with allowing companies to use calorie ranges.
2017/10/04 – McDonald’s manager sold $10,900 in cocaine by hiding it with burgers and fries, police say – Miami Herald
It’s hard to spend $10,900 at McDonald’s — but it’s easier if the restaurant is selling crack and cocaine in addition to McNuggets.
That’s exactly what McDonald’s night manager Frank Guerrero, 26, was caught selling when authorities arrested him this week at the franchise he’s worked at for eight years in the Bronx.
Before his arrest, he made eight sales to undercover officers, in larger and larger quantities as the months went on — selling them $10,900 in drugs in all.
He made five sales in the franchise’s parking lot, authorities said, and often sold to other buyers late in the night during his shift. And the late-night customers even got special treatment: Though only the drive-thru was supposed to be open that late, Guerrero allegedly unlocked the door and let his clientele come into the restaurant after hours.
When police searched his home, they found 200 grams of cocaine and $5,300 in cash. The cash was stashed in a dresser inside his 2-year-old child’s playroom.
Bottled water overtook soda as the No. 1 drink sold in the U.S. last year, according to one metric.
Americans drank an average of 39.3 gallons of bottled water in 2016 and 38.5 gallons of carbonated soft drinks, according to research and consulting firm Beverage Marketing Corp.
Of course, just because Americans are drinking more water doesn’t mean soda companies are suffering. The top two bottled water brands, Dasani and Aquafina, are owned by Coca-Cola and PepsiCo, respectively. The two companies captured 26 percent of bottled water revenue last year, according to the Wall Street Journal.
Sounds like a good trend.