McDonald’s Cuts Menu Prices

McDonald’s Japan has temporarily cut the price of a Big Mac from 320 yen to 200 yen (until August 26th):
This FTV news report notes that McDonald’s move to cut the price of one of its most popular menu items is part of a price war between Japan’s major fast food chains. Several beef bowl chains have slashed their prices, creating a situation in which McDonald’s could lose some of its thrifty customers. The company that operates Sukiya is aiming to dethrone McDonald’s as the top-earning fast food chain in Japan.
The next phase of McDonald’s price-cutting campaign will come on August 23rd, when it will lower the price of McFlurry ice cream from 300/330 yen to 190 yen.
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