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McDonald's loses low-income diners as prices soar and wealthy customers take their place

In the early 2000s, after a severe slump, McDonald’s orchestrated a major turnaround, with the introduction of its Dollar Menu.
The menu, where all items cost $1, illustrated just how important it was to market to low-income consumers — who value getting the most bang for their buck.
Coming at a time of flagging growth, tumbling stock and the company's first report of a quarterly loss, the Dollar Menu reversed the fast food giant's bad fortune. It paved the way for three years of sales growth at store
1 month ago

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