Tag: diners

McDonald’s considering $5 meal deal launch to draw diners, source says

(Reuters) -McDonald’s U.S. franchises are considering launching a $5 meal deal, a source familiar with the matter said on Friday, as the fast-food chain looks to draw more inflation-hit customers to its restaurants. Global restaurant chains such as McDonald’s and Starbucks have seen lower-income customers opting to eat more meals at home amid a cost-of-living […]

Restaurants are competing for frugal diners’ dollars

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Dining out these days might seem like a luxury for Americans pinched by inflation. For some restaurants, […]

Fast-food companies seeing low-income diners pare orders

By Waylon Cunningham SAN ANTONIO, Texas (Reuters) – Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald’s and Wendy’s recently said they worry about losing business from those on the tightest budgets. Roughly a quarter of low-income consumers, defined as those making […]