Financing
McDonald's drops a bomb on the fast-food industry
The Bottom Line: The quick-service restaurant chain’s plan to discount combo meals will extend a value war and put pressure on competitors. That’s exactly what McDonald’s wants to do.
Financing
McDonald's will discount its combo meals to jumpstart traffic
The fast-food giant convinced franchisees to cut the cost of meal deals by 15% and will bring back Extra Value Meals. The company recently promised more national price points amid a tough operating environment.