The Traderszone Network

Published in TZ Latest News 6 March, 2017 by The TZ Newswire Staff

McDonald’s Is Copying Starbucks Again

A little more than a decade ago, McDonald’s (NYSE: MCD) started introducing luxury espresso drinks to its coffee menu. The move was aimed at combating the ever-growing popularity of Starbucks (NASDAQ: SBUX) as a morning ritual for millions of consumers. McCafe now generates $4 billion in U.S. sales annually for McDonald’s.

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