Ending Soon! Save 33% on All Access

McDonald's Shutters Vending-Machine Program <b></b>

Columbus, Ohio-McDonald's Corp. said it would close its four robotic jumbo-kiosk vending units, dubbed "Tiktok Easy Shop" as well as "redbox" machines, in Washington, DC, after a 15-month test. The Tiktok units stand 15 feet high by 12 feet wide and stock nearly 200 items, including milk, cartons of eggs and pantyhose. Prices range from $1 to $4. The refrigerated machines were believed to be North America's first fully automatic 24-hour ministore. All four are located on McDonald's restaurants' parking lots in the Washington, DC, area.

The company did not comment on whether the units, which accepted credit cards along with coins and dollar bills, lost money. But McDonald's said it would continue to experiment with DVD movie-rental machines, including 12 units in Washington, DC, and 10 in Las Vegas. -Nation's Restaurant News

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Cryptocurrency / Blockchain

Bored and Hungry, the fast food restaurant that uses NFT's from the Bored Ape Yacht Collection for its image

The most famous apes of the digital world are very present in a fast food place in California.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.