After nearly a decade, McDonald's announced its Snack Wrap will return to its menu permanently next month. It's the latest move by a fast food chain to lure consumers back. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what to know.
BreakdownGenerated by LeadStory AI
- McDonald's will permanently return the Snack Wrap to its menu after nearly a decade. 10s
- The move comes as McDonald's reports a 3.6% decline in same-restaurant sales in the first quarter. 44s
- Other fast food chains, like Popeyes, are also introducing similar menu items to attract customers. 53s
- Consumers are becoming more cautious with spending, with many opting to cook at home more often. 1m 5s
- Industry leaders emphasize the need for value, discounts, and excellent service to remain competitive. 1m 27s