News Roundup

May 2012

+ Magnolia Grill – a highly regarded restaurant in the RDU area will close after 30 years. That is a long time in the restaurant industry.

+ Average annual sales of a free-standing McDonalds (US) – $2.6M.

+ Distinct difference between latest Lowe’s and Home Depot marketing strategy.

+ “But I do mean that you must be clear, very very clear, about how your new Italian restaurant or real estate agency will be “dramatically different” from the current offerings in your locale-market.” – T. Peters

+ “It is time, some may think, to realize that we of the earth are in the same boat and that we had best pull on the oars in unison and with a will to go in the same direction.” – Global Province