Original title: it's a little difficult! The Yoshino family closed 150 stores, McDonald's Corp closed 200 stores, and Starbucks Corp lost 4.8 billion! Source: Tencent News

How difficult is food and beverage under the epidemic? Not only Jiangnan Tannery (not), but alsoYoshino, Starbucks Corp and McDonald's Corp also began to change menus and push takeout to seek transformation, and some stores even sold their classic dishes as frozen food in an attempt to save themselves.

-01-

The Yoshino family can't handle it.

Announced the closure of 150 stores around the world

On July 28, Japan's Yoshino announced that it would close 150 stores worldwide.Among them, 100 will be closed in Japan and 50 overseas.

The head of Yoshino in Japan said that at present, Yoshino has more than 3300 stores around the world.Among them, there are more than 1000 stores overseas, and China accounts for more than 60% of them.

The Chinese market will also be involved in the planned closure of overseas stores. And for those in theChina's specific number of stores and location information, the person in charge said that it is not convenient to disclose.

Yoshino's large-scale shop closure is mainly due to the sharp deterioration of business conditions under the epidemic.

Due to the closure or shortening of business hours of thousands of stores in Japan under the state of emergencyAs a result, the cumulative loss from March to May this year has reached 4 billion yen, and is expected to lose 9 billion yen for the whole fiscal year.

On the other hand, because the Japanese people are very fond of the Yoshino family,The price of beef rice, a signature product, is also described by the folk as "the weather vane of the Japanese economy", which generally does not increase or reduce prices easily.In the end, Yoshino had no choice but to close some stores to reduce costs.

The person in charge said that in the futureFixed expenses will be reduced and revenue will be increased by reducing shareholder dividends and encouraging headquarters employees to work from home.

Xiao Xianer checked a lot of Chagiye's stores in Tianjin.

Some comment website shows that there are about 25 stores.

Among them, there are many new stores opened in recent years.

For the helpless actions of the Yoshino family

Many netizens expressed reluctance.

I hope Tianjin can close a few less!

-02-

McDonald's Corp can't stand it.

Announce the closure of 200 stores

Under the epidemic, although McDonald's Corp's performance declined in the market expectations, the rate of decline exceeded market expectations.

McDonald's Corp released its results for the second quarter of 2020 on July 29th. The financial report showsMcDonald's Corp's revenue in the second quarter was $3.7615 billion, down 30% from the same period last year, while net profit was $483.8 million, down 68% from the same period last year.This slightly exceeded market expectations.

McDonald's Corp's performance from January to June 2020

McDonald's Corp's performance in the second quarter of 2020

◎ Photo Source: political and business reference

McDonald'sMcDonald's Corp's quarterly income fell by nearly 1/3 as the coronavirus blockade dragged down its sales of French fries and cheeseburgers.As of June 30, 2020, McDonald's Corp restaurants almost all over the world are open for business. Q2 global same-store sales fell 23.9%, of which US same-store sales fell 8.7%.

Same-store sales in international markets, including France and the UK, fell 2/3 in April.Same-store sales in the department fell 18.4% in the year to June.

In the international development licensing market, including China and BrazilSame-store sales fell 32.3% in April, 20% in May and 20.3% in June.

However, the positive sign is that 96% of McDonald's Corp's global restaurants reopened in June.This is a significant improvement from 75% in April. McDonald's Corp plans to close 200 US stores.

-03-

Starbucks Corp lost nearly 4.8 billion yuan in the Q3 fiscal quarter.

Starbucks Corp, a coffee chain giant, is also having a hard time.

Starbucks Corp also officially announced his results for the third quarter of fiscal year 2020 (March 30 to June 28). Due to the adverse effects of COVID-19 's epidemic situationThe company's consolidated net revenue during the reporting period was $4.2 billion, down 38% from the same period last year, and a net loss (including non-controlling interests) of $678 million (about 4.8 billion yuan). Compared with the company's pre-epidemic performance expectations, the company's sales decreased by about $3.1 billion.

◎ Photo Source: political and business reference

Starbucks Corp said that the US business reported an operating loss of US $404.9 million and an operating profit margin of 14.4%.The operating loss of the international business was $86 million and operating margin fell to minus 9.1 per cent.

In terms of same-store sales, Starbucks Corp's global same-store sales fell 40 per cent in the third quarter of 2020 compared with the same period a year earlier.Among them, same-store sales in the US market fell by more than 40%; same-store sales in China fell 19% compared with the same period last year.

◎ Photo Source: political and business reference

So far, about 97% of Starbucks Corp's stores have opened, including 96% in the United States.99% of China99% in Japan and 97% in Canada. In addition, about 87% of the company's global franchise stores have reopened.The rest of the temporarily closed stores are mainly located in airports and universities in the United States and Canada.

In terms of new store planning, Starbucks Corp expects to add a net 300 stores in the US market.There are at least 500 new stores in China.

After reading these data, there is only one sentence in my mind: it's too difficult!I still hope that their shop in Tianjin can survive! Otherwise, there will be one less choice for working overtime late at night.

END

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Text | Liu Ergou Tu | Network, intrusion and deletion

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