McDonald’s Spent $50 Million on TV Advertising in April

Image result for McDonald’s Spent $50 Million on TV Advertising in April

“McDonald’s easily led all companies in TV ad spend last month for the second time in 2019, spending $50 million to promote its new any size $1 soft drink limited time offer, and mix and match 2 for $5 deal to customers.

The Illinois-based chain last topped the list in February when it introduced bacon as a new topping on its signature burgers. McDonald’s was pressed by analysts last week on its first quarter earnings call about when it would also delve into the growing plant-based food trend, which rival Burger King has tapped into with Impossible Foods. CEO Steve Easterbrook said McDonald’s is currently weighing additional complexities of launching its own product, while also assessing the sustainability of the consumer trend.

“Our menu teams are clearly paying close attention to it,” said Easterbrook. “They are discussing this amongst each other and with some of the options that are out there. So maybe more to come, but nothing much to say about it in the moment.”

Read more here.

West Village Favorite Gabe Stulman Is Eyeing the Iconic Great Jones Cafe Space

“Looks like prolific West Village restaurateur Gabriel Stulman is trying to get in on the former space of Noho icon Great Jones Cafe. Stulman’s name is on the Manhattan Community Board 2 agenda, applying for a liquor license at the 54 Great Jones St. restaurant, as EV Grieve first pointed out.

He’s the second person to try and open a new business there; in the fall, a crew including a Tao vet applied to reopen Great Jones as a “modern American” restaurant. The Cajun restaurant closed in August after 35 years, a shutter that happened shortly after owner Jim Moffett’s death. It was known for being a lively neighborhood hang, a stand-by for locals and a late-night fixture.

Knowing that history, the last people to try and open a restaurant in the space told neighbors that it would maintain “the spirit” of the original Great Jones. What Stulman plans to do with it is to-be-announced; he declined to comment on the liquor license application.”

Read more here.