Lower-income households cut spending on essentials amid inflation and tariff concerns Companies face shrinking margins as price hikes fail to boost sales Fast-food chains offer cheaper menu items to ...
For decades, fast food functioned as the pressure valve in the American food budget, the place families could turn when groceries ran short and paychecks ran late. That bargain is breaking down. As ...
Corrections & Clarifications: McDonald's clarified remarks by CEO Chris Kempczinski. Lower-income consumer foot traffic dropped nearly double digits industrywide. The dollar (menu) doesn’t go as far ...
In the early 2000s, after a severe slump, McDonald’s orchestrated a major turnaround with the introduction of its Dollar Menu. The menu, whose items all cost $1, illustrated just how important it was ...