McDonald’s $5 value meal is sticking around until December
3 months, 1 week ago

McDonald’s $5 value meal is sticking around until December

CNN  

New York CNN — The McDonald’s $5 meal deal is staying on menus until December, a sign that inflation-weary customers are devouring value meals recently offered by fast food chains. Though McDonald’s had historically praised its ability to raise menu prices without denting sales, customers are holding on tighter to their money — diners everywhere are not going out to eat as often and spending less when they do. Earlier this year, McDonald’s reported weaker-than-expected sales at its US stores, and CEO Chris Kempczinski noted that “eating at home has become more affordable.” Starbucks, Burger King and Wendy’s all have reported less foot traffic and responded to declining sales by enticing customers with similarly priced lower-cost meal deals. McDonald’s also announced a slew of fall deals — from $0.50 Double Cheeseburgers for National Cheeseburger Day on Sept. 18 to a $2 McCrispy sandwich for National Fried Chicken Sandwich Day on Nov. 9.

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