McDonald’s posts weak quarterly results as higher fast food prices hurt demand
“The Big Money Show” co-host Brian Bremberg breaks down the latest inflation data and discusses California’s $20 minimum wage hike. Burger chain McDonald’s Inc. on Monday reported an unexpected drop in sales and a quarterly profit that fell short of Wall Street expectations as rising menu prices helped it struggle to attract cash-strapped customers who […]
McDonald’s aims to extend $5 meal deal to keep customer sales trek going
McDonald’s seems to be loving its $5 meal deal and the lure it has had on customers — so much so that the chain is planning to continue the deal past its planned retirement. The deal, which gives customers a choice between a McDouble or a McChicken sandwich paired with a small order of fries, […]
McDonald’s to extend $5 Meal Deal through August as traffic improves
McDonald’s will be extending its fan-favorite $5 Meal Deal through August at most locations. Bloomberg reports. The fast food giant’s limited-time offer, which includes a McDouble or McChicken, four-piece nuggets, small fries and a small drink for just $5, was first introduced in June. The great value set menu was to be sold in restaurants […]
McDonald’s $5 meal deal to run longer: report
McDonald’s U.S. President Joe Erlinger appeared on the “Today” show on Tuesday to discuss the company’s proposed $5 meal plan as a response to rising fast-food prices. McDonald’s limited-time $5 meal set will be available at most locations for four weeks or more. While it was originally scheduled to last about a month, the majority […]
McDonald’s $5 value meals lure back inflation-battered customers: survey
Fast-food and casual-dining chains have been offering affordable meal plans this year to win back shoppers battered by inflation, and new data suggests it’s working. Restaurants including McDonald’s, Starbucks, Chili’s and Buffalo Wild Wings saw increased foot traffic after introducing meal bundles and limited-time discounts, according to a new study. McDonald’s launched its long-awaited $5 […]
Video shows suspect in NYC ‘targeted’ shooting of 2 boys at McDonald’s
The NYPD has released new surveillance video of the suspect they said shot two boys inside a NYC McDonald’s on White Plains … source
Video shows suspect in shooting of two boys at NYC McDonald’s
The New York Police Department released video early Monday of a masked suspect in the shooting deaths of two boys, ages 12 and 13, at a McDonald’s in the Bronx over the weekend. Footage shows the suspect roaming around the fast-food restaurant on White Plains Road just before the shootout happened late Saturday night. Police […]
Masked gunman targets, shoots pair of youngsters at NYC McDonald’s
A masked gunman walked into a McDonald’s in the Bronx and fired at least six shots at his targets, 12- and 13-year-old boys, before fleeing Saturday night, according to police and law enforcement sources. Police said the 12-year-old boy was shot in the back and left leg and his male friend was shot in the […]
McDonald’s ditched meat-free burger in US because of poor sales, executive admits
Years after McDonald’s tested meatless burger options in limited markets, the company’s U.S. chief executive has finally admitted that the chain has discontinued the plant-based burger due to poor sales. Last week, McDonald’s U.S. President Joe Erlinger The Wall Street JournalAsked about the company’s future plans for plant-based products at McDonald’s Global Food Forum, Erlinger […]
McDonald’s says McPlant burger failed, customers shunned non-meat option
McDonald’s has announced that its experiment with a plant-based burger was a failure. Joe Erlinger, head of the Chicago-based fast-food giant’s U.S. operations, told a business conference that the company ended the pilot program after customers in San Francisco and Dallas-Fort Worth panned the McPlant. McPlant “was not successful in either market,” Erlinger said. The […]