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Why McDonald’s is charging $18 for a Big Mac meal; there’s no relief in sight

“Eating at home has become more affordable,” Kempczinski said. “The battleground is certainly low-income consumers.” Over the summer, a franchisee near Darien, Conn., was cited for charging $17.59 for a Big Mac combo meal. google map California’s $20-an-hour minimum wage for fast food workers goes into effect in April. McDonald’s and Chipotle both announced they […]

McDonald’s says Israel boycotts are hurting its business 

McDonald’s said on Monday that ongoing tensions in the Middle East are hurting its business. Fourth quarter and full year 2023 report The Chicago-based burger chain said Monday that sales at its Licensed Markets business, which includes most of its stores in the Middle East, rose only 0.7% last quarter. The company said the low […]

McDonald’s sales hit over Middle East conflict

S&P Global Vice Chairman Daniel Yergin analyzes the energy sector in “Craman Countdown.” McDonald’s sales took a hit in the latest quarter due to ongoing turmoil in the Middle East. This primarily affected the international development licensing market and the segment where same-store sales increased by only 0.7%. The company said the small increase reflected […]

McDonald’s location slammed over ‘outrageous pricing’ for Egg McMuffin

A McDonald’s store in Connecticut is under fire for its “exorbitant pricing” after customers were charged more than $7 for an Egg McMuffin and nearly $6 for a side of hash browns. “One McDonald’s Egg McMuffin costs $7.29. What has the world become??” New York-based Bespoke Investment Group wrote about its breakfast sandwich Posted. Receipts […]