News Summary: McDonald's plans menu items for 2013January 23, 2013 @ 1:09 pm
(AP) - MEAL DEAL: McDonald's profit edged up in the fourth quarter after some moves to boost slumping sales, including touting its Dollar Menu and pushing franchisees to stay open on Christmas.
MENU PIPELINE: Executives don't expect 2013 to be an easy year but say the company has a robust pipeline of new menu items. In January, however, McDonald's said it expects a key sales figure to drop.
FOOD FIGHT: In addition to broader economic pressures, McDonald's is facing intensifying competition from traditional rivals like Burger King and Wendy's, as well as newer competitors Chipotle and Panera.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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