McDonald's looking at breakfast to fight downward trend
The company started testing the idea in March and the tests were encouraging, the Journal reported on Tuesday, citing the memo sent by McDonald's to employees and U.S. franchises. (on.wsj.com/1CU4cYC)
Company spokeswoman Lisa McComb confirmed that McDonald's was testing all-day breakfast in a few markets but added "there's no news on this yet."
The world's largest restaurant chain by revenue has been losing customers to newer rivals including burrito chain Chipotle Mexican Grill as consumers switch to foods perceived as healthier.
McDonald's has also been testing other ideas, including custom burgers and healthier options such as breakfast bowls made with kale and spinach, to attract customers.
The company's shares closed at $97.32 on the New York Stock Exchange on Tuesday.
Source: reuters.com
