| Ames Daily
Tribune - February 19, 1971
McDONALDS WILL EXPAND TO JAPAN - McDonald's
Corp. restaurant chain is expanding to Japan in its second overseas move,
Fred L. Turner, president, has announced. Turner said McDonald's,
in a joint venture company with two Tokyo firms, will open its first Japanese
outlets in the greater Tokyo area. McDonald's previously entered
into a joint venture in the Netherlands for its initial entry into Europe.
"The potential in the Japanese market is
tremendous because of the increasing popularity of fast food restaurants
in Japan during the past few years," Turner said.
Tokyo companies involved in the development
are Daiichiya baking Co. and Fujita & Co., Lt. Each of the Tokyo
firms will hold a 25 per cent interest in the joint venture with McDonald's
retaining 50 per cent. Turner said that the initial Japanese restaurants
will be owned and operated by the new company. Later plans call for
licensing independent operators in other sections of Japan and Okinawa.
The menu will feature McDonald's pure-beef hamburgers and other fast foods.
McDonald's has more than 1,600 outlets in
the United States, Canada, Puerto Rico, the Virgin Islands and Costa Rica.
Since its founding in 1955, it has served seven billion hamburgers and
currently is selling hamburgers at a rate of four million a day. |
| Ames Daily
Tribune - March 3, 1971
McDONALDS TELLS OF RECORD SALES - McDonald's
Corp., Chicago-based national restaurant chin, announced record earnings
and sales for 1970 and the fourth quarter ended Dec. 31. Net earnings
for the year were up 35 per cent to $17,691,000, compared with $13,093,000
for 1969. Fourth quarter net earnings were $3,957,000, up 31 per
cent over the $3,016,000 for the same period of 1969.
Reported 1970 sales for all licensed and
company-owned outlets totaled $587,041,000, an increase of 30 per cent
over 1969 sales of $450,825,000. Fourth-quarter sales were $160,281,000,
up from $122,295,000 for the 1969 period. McDonald's had 1,592 restaurants
in operation at year-end, including a record 297 opened during the year.
A new restaurant operated by John Dasher,
was opened at 132 South Duff Ave., in ames at the end of February.
Dasher described opening-period business as "excellent." |
Ronald McDonald holds the ribbon while Mayor Stuart Smith operates
the scissors at the ribbon-cutting ceremony attended by the Ames Chamber
of Commerce. The watchers include Paul Nelson, Ed Lewis, Marv Walters,
John and Linda Dasher, Terry Adams and Art Skeie. If you can help
identify additional spectators, please notify the Ames Historical Society. |
| Ames Daily
Tribune - March 3, 1971
McDONALDS IN NEW FORMAT HERE - The business
scene in Ames has received an esthetic touch with the opening of another
in the nation-wide chain of McDonald's Hamburger Restaurant at South Duff
Ave. The restaurant, which employs 50 people, has received a good
reception by the people of Ames, according to John Jonson, field consultant
for McDonald's midwest region. John Dasher, owner of Mr. Steak in
Ames, is the licensed owner of the new McDonald's.
Johnson explained the new style building
which houses the restaurant is a complete revamping from the old red and
white tile buildings inaugurated when McDonald's opened in 1955.
The brick structure, Johnson explained, is "more esthetically pleasing
to people" and even zoning boards. With increases in business, the
new design provides for more room.
The change in buildings began about two
years ago, Johnson said. Dubuque opened the first new building in
Iowa in November. Johnson further explained the McDonald's viewpoint:
"We met a demand... we felt we could raise our image by revamping."
While still a carry-out restaurant, McDonald's
is now an open building not separated by glass with only a counter space
in between, Johnson said. Open from 11 a.m. to 11 p.m. Sunday through
Thursday and from 11 a.m. to 12 p.m. Friday and Saturday, McDonald's still
features the menu which made the company famous. The parking lot
can hold 60 cars.
McDonald's now boasts almost 1,700 restaurants
in the country and soon will have sold eight billion hamburgers, Johnson
said. |
Ames Daily
Tribune - February 2, 1971
Rod Riggs column
In a somewhat unusual move, one restaurant
owner welcomed a competitor into business here this week. When John
Dasher's McDonald's opened Thursday, Al Hildebrand, manager of the Ramada
Inn, used the display sign in front of his place to call attention to the
event. |