Get access to our best features
Get access to our best features
Published

$1 extra fries? McDonald’s value menu marks how chains are adapting or closing.

  • McDonald's launched its McValue menu on Tuesday to attract customers affected by high prices, which have risen 40% since the pandemic.
  • Several high-profile restaurants, including Red Lobster and TGI Fridays, declared bankruptcy last year, with analysts predicting more this year.
  • The National Restaurant Association reported that 3 in 5 restaurants experienced a net increase in same-store sales year over year, the highest in 16 months.
  • McDonald's introduced buy one, add one for $1 deals on select menu items as part of its strategy to offer better value to consumers.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 71% of the sources are Center
70% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)