McDonald's mulls raising prices

Published Sep 5, 2013 at 05:00AM

LOS ANGELES — The Dollar Menu at McDonald’s may soon see higher prices and new offerings as the fast-food company mulls a nationwide launch of a “Dollar Menu and More” concept this year, a spokeswoman confirmed Wednesday.

McDonald’s Corp., which has recently struggled to compete with other fast-food giants, said it is considering changing its Dollar Menu, introduced 10 years ago, to evolve with shifting consumer preferences and the needs of the business.

Currently, it is testing the Dollar Menu and More concept in five markets.

— From wire reports

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