date:Feb 01, 2013
food cost spikes.
In December 2008, the company raised the price of its flagship Double Cheeseburger to $1.19 from $1 and handed its Dollar Menu slot to the McDouble, which is essentially a Double Cheeseburger minus one slice of cheese.
That coincided with U.S. wholesale food price increases of 7.6 percent in 2007 and 7.7 percent in 2008.
McDonald's moved again in March 2012 after wholesale food prices spiked, replacing the Dollar Menu's small drinks and small french fries with fresh baked c