McDonald's executives acknowledged that the company's prices have been high and they are taking a "forensic approach" to evaluating offerings.
  • 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.
  • 3ntranced@lemmy.world
    6·
    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”