McDonald's testing sci-fi restaurant spinoff, Forbes Hall of Shame, Red Lobster's shrimp deal, lack of space theming at McDonald's, and podcast wrap-up
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Quick takeaways
McDonald's is testing a sci-fi themed spin-off restaurant called Cosmic, focusing on drive-through and delivery with a menu centered around breakfast items, desserts, and specialty drinks.
TikTok has introduced artist accounts with new tools, positioning itself as a streaming competitor to platforms like Twitch, while on Cyber Monday, consumers spent $12.4 billion, indicating strong spending despite inflation.
Deep dives
McDonald's testing a new sci-fi themed restaurant concept called Cosmix
McDonald's is piloting a new restaurant concept called Cosmic, which is a sci-fi themed spin-off. The concept is drive-through and delivery-centric, with a menu that focuses on breakfast items, desserts, and specialty coffee and tea drinks. The restaurant design does not overtly reflect the sci-fi theme and is located next to an existing McDonald's. The choice to revive the forgotten mascot, Cosmic, with this concept is perplexing, as there seems to be little connection between the character and the restaurant's theme or offerings.
Other fast food spin-offs and the challenges they face
Fast food chains have experimented with spin-off concepts in the past. Examples include Kentucky Roast Beef and Ham, a spin-off of Kentucky Fried Chicken. However, these spin-offs often face challenges, such as higher costs and pricing issues. In the case of McDonald's Cosmic, it remains to be seen if the concept will resonate with customers and provide a unique and compelling experience.
The potential of the TikTok artist accounts and Cyber Monday spending
In other news, TikTok has launched artist accounts with new tools to support musicians' engagement and discoverability. This move positions TikTok as a competitor to platforms like Twitch in the streaming sector. Additionally, on Cyber Monday, consumers spent $12.4 billion, indicating continued strong spending despite some inflation. Google has also agreed to pay Canadian news outlets $100 million per year to comply with a new law, while Meta may launch threads, its Twitter rival, in the EU to meet regulatory requirements.
Ades, space cadet: McDonald’s is testing out a new sci-fi themed restaurant in Illinois with the hope of creating a fast-food spinoff to rule the galaxy. Plus, Forbes unveils its Hall of Shame and Red Lobster’s endless shrimp deal is costing them boatloads.
Join our hosts Jon Weigell, Mark Dent & Juliet Bennett Rylah as they take you through our most interesting stories of the day.
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