Gonna fix our burgers in China, fly them over here, and deliver by drone.
DCG posted: " CNBC: In China, customers don't order french fries—they're
shu tiao. In Turkey, they're called patates and in Russia, you would ask
for kartofel' Fri. Andy Puzder, the CEO of CKE Restaurants, the parent
company of Hardee's and Carl's Jr., should kn" Respond to this post by
replying above this line
New post on *Fellowship of the Minds*
<http://fellowshipoftheminds.com/author/dcgere/> Fast food CEO: How govt
regulation is driving us
abroad<http://fellowshipoftheminds.com/2014/01/01/fast-food-ceo-how-govt-regulation-is-driving-us-abroad/>
by
DCG <http://fellowshipoftheminds.com/author/dcgere/>
[image: carls]<http://fellowshipofminds.files.wordpress.com/2013/12/carls.jpg>
CNBC <http://www.cnbc.com/id/101302181>: In China, customers don't order
french fries—they're shu tiao. In Turkey, they're called patates and in
Russia, you would ask for kartofel' Fri.
Andy Puzder, the CEO of CKE Restaurants, the parent company of Hardee's and
Carl's Jr., should know. *His company is expanding rapidly abroad due to
higher potential outside the U.S., which is hampered by what he sees as too
much government regulation.*
"It's difficult to open in the U.S., but we love the U.S. and continue to
fight the good fight to open restaurants and create jobs," Puzder said. *"It's
just that the government is making it hard for us to build those
restaurants."*
Over the last three years, *Hardee's and Carl's Jr. opened more restaurants
internationally than in their own backyards—a first, he added.* CKE now
operates restaurants in 30 foreign countries.
On a percentage basis, the growth rate is striking. During this period, *the
company increased its restaurant count domestically by 2 percent. Meanwhile
international locations jumped by 53 percent* as CKE filled in "white
space" or areas where it currently doesn't have restaurants.
*"Under the current U.S. business climate, regulatory and tax restrictions
tend to curb otherwise dynamic entrepreneurial energy,"* Puzder said. "We'd
love to see more growth in domestic markets. Unfortunately, *it's easier
for our franchisees to open a restaurant in Siberia than in California*."
In the U.S., the company's Hardee's division is expanding in New York, New
Jersey, Chicago and South Florida. Meanwhile, the Carl's Jr. division is
growing in Texas and the Seattle area.
Puzder named Brazil, Russia, India, China and Europe as the places where he
sees the greatest opportunities for growth. "Other than Antarctica and the
North Pole, I can't think of any countries we're not looking at," he added.
Currently, the company has 36 locations in Russia, where it's expanding
"aggressively," six in China through a joint venture and two in Brazil. He
added that the number in Brazil could balloon to 500.
It's "just hard to talk about the numbers in China," he said. "You could
have 1,000 (or) 2,000 there. It's hard to estimate the potential in that
country."
CKE is currently in talks to open its first locations in Spain, Germany,
Great Britain and Australia. It's also "very close to a deal" in India,
which Puzder said "would be an interesting country for us because they
don't eat burgers," but would go for chicken sandwiches and veggie patties.
*Puzder named ethanol regulation, which has resulted in higher beef costs,
a rising minimum wage and higher labor costs due to Obamacare as three
obstacles that make doing business in the U.S. more difficult than in the
past.*
To help lessen the effect of these rising labor costs and to attract a
tech-savvy generation,* CKE is turning to technology and looking into
options for mobile ordering as well as tablet ordering within its
restaurants.*
"I think it satisfies the needs of younger people. It also reduces your
costs," he said. *"When they talk about raising the minimum wage or
providing health care for employees over 30 hours, you're really
encouraging automation."*
[image:
hopeandchange4]<http://fellowshipofminds.files.wordpress.com/2013/12/hopeandchange42.jpg>
DCG
*DCG <http://fellowshipoftheminds.com/author/dcgere/>* | January 1, 2014
at 4:00 am | Categories:
Economy<http://fellowshipoftheminds.com/?cat=17656840>,
Obama's America <http://fellowshipoftheminds.com/?cat=12285619>,
Obamacare<http://fellowshipoftheminds.com/?cat=15633789>| URL:
http://wp.me/pKuKY-oMl
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