McDonald’s sales drop first time in nearly a decade

Posted on: 6:53 pm, November 8, 2012, by

(WTVR) – Monthly sales at McDonald’s drop for the first time in 9 years last month.

The sales for the month of October fell by 1.8 percent, that’s the first time in nearly a decade that sales dropped… instead of increasing.

The fast food chain blames the weak economy. 

But experts say McDonalds is also having a tough time keeping up with competition from other chains, including Chipotle and Panera. Additionally, in late September, McDonald’s unveiled a new menu that features the calories of each item.