McDonald's revives Dollar Menu name with $1, $2 and $3 items

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In attempt to make high the value game, the burger giant, McDonald has bought its Dollar Menu back, but along with some options that will cost people more than a buck, as $1, $2 and $3. According to reports by St.Louis Post Dispatch the fast food chain has taken the decision to compete with deals brought in by competitors like Yum Brands Inc.'s Taco Bell to Dunkin' Brands Group Inc.

McDonald's dropped its popular "Dollar Menu" in 2013 after franchisees groused that selling items like the McDouble cheeseburger for $1 cut into profits.

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Talking on the latest coming up on the new dollar menus, that is set to debut on January 4 of the new year, includes any size soft drinks and cheeseburgers combined for only $1, the small McCafe drinks and bacon McDoubles for only $2 and the most popular among kids and adults alike- Happy Meals and triple cheeseburgers for $3 each only. The Dollar Menu was introduced in 2002 and was a hit with customers, but not as much with franchisees.

The one with $1, customers will be able to buy them a sausage burrito, a cheeseburger, a McChicken Sandwich, or, as it is now where you can buy any soft drink.

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Peter Saleh, a managing director of financial-services firm BTIG, said that, "McDonald's philosophy is they don't need to win on value, but they can't lose on value, either". Fries are a notable omission from the listings.

"We built this new menu with variety and value firmly in mind", says Chris Kempczinski, president, McDonald's U.S., in a statement.

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McDonald's executives in October said nearly all of its USA operators support its ongoing turnaround plan that includes the new value menus.

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