McDonald’s might be able to take a lesson from another brand that seems to be turning things around: Burger King. Yes, Burger King—the fast-food industry’s longtime No. 2 player now has McDonald’s in its sights.
The North American quick-serve-restaurant category remains beleaguered by consumers’ money woes and by competition from the likes of Chipotle and Panera.
But it’s McDonald’s that’s facing the greatest pressure right now, with sluggish sales, a fading brand reputation and struggles with everything from low-wage workers to speed of service. The chain continues to fight, though, recently launching a food transparency campaign and continuing to reshuffle top management, especially in its U.S. operations.