• 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.
  • floquant@lemmy.dbzer0.com
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    3 months ago

    “Create value”

    God. Please just fucking stop. What value do they want to “create”? It’s shitty food. Its “value” is in being cheap.

    • 3ntranced@lemmy.world
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      3 months ago

      It’s just corporate-speak for “How can we change the menu so we still make the same amount of money, while confusing the customer into thinking they’re spending less”