real-time news and commentary for investors
Friday, Aug 10
2012, 7:28 AM
Summer discounts are back at restaurants after a recent cooling off period at major chains....
Summer discounts are back at restaurants after a recent cooling off period at major chains. McDonald's (MCD), Chipotle (CMG), and Starbucks (SBUX) are just a few of the growing number of companies that say they will focus on value to make up for recent sales slumps. Analysts warn that when industry leaders starts upping their discounts and deals, it puts a "world of hurt" on the entire industry.