Olive Garden prices rise despite losing customers due to inflation

Olive Garden said it plans to continue raising menu prices — even as top executives admitted sales fell in the latest quarter as inflation-hit customers pulled back. Olive Garden’s same-store sales — or sales at stores open at least a year, a closely watched metric — fell 1.5% in the quarter ended May 26 — … Read more

McDonald’s $5 meal intensifies fast food price war

(Bloomberg) — The U.S. chief of McDonald’s ( MCD ) Corp . says the company is ready for a fight. Most Read by Bloomberg And to win, the burger chain is pulling out one of the most powerful weapons in its arsenal: the value meal. It’s all part of an effort to lure penny-pinching customers … Read more