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  • McDonald’s executives acknowledged during an earnings call Monday that diners consider the company’s prices too high, and said they are taking a “forensic approach” to evaluating prices.
  • Amid a broader consumer pullback and increasing prices, fast-food chains have had a difficult time drawing in lower-income diners.
  • The company’s recent $5 value meal offering was initially successful in bringing lower-income diners back to stores but has yet to translate into higher sales, company executives said.
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[-] DogPeePoo@lemm.ee 7 points 1 month ago
[-] b161@lemmy.blahaj.zone -1 points 1 month ago

McGenocide 👶🏼 💀

this post was submitted on 29 Jul 2024
129 points (93.3% liked)

Economics

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