Coming price cuts at McDonald’s may signal a broader fast food price war
McDonald's targets budget-conscious customers by offering eight meal bundles with 15% savings on combo prices to counteract declining visits from low-income consumers.
- McDonald's will cut prices on some combo meals to attract returning customers amid rising costs, starting September 8.
- Extra Value Meals will be available for 15% less than the combined price of individual items, according to McDonald's.
- Higher prices have negatively impacted sales, with combo meals often priced over $10.
- The average price of menu items increased by 40% from 2019 to 2024, according to McDonald's.
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Coming price cuts at McDonald’s may signal a broader fast food price war
By DEE-ANN DURBIN, Associated Press Business Writer McDonald’s is cutting prices on some combo meals to woo back customers who’ve been turned off by the rising costs of grabbing a fast food meal. The price drop may induce its rivals, who have run into some of the same pricing issues, to follow. Starting Sept. 8, McDonald’s will offer Extra Value Meals, which combine select entrées like a Big Mac, an Egg McMuffin or a McCrispy sandwich with mediu…
·Saint Paul, United States
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Total News Sources51
Leaning Left10Leaning Right4Center30Last UpdatedBias Distribution68% Center
Bias Distribution
- 68% of the sources are Center
68% Center
L 23%
C 68%
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