McDonald’s readies $5 meal deal to lure customers back into stores

McDonald’s Corp. is looking to launch a $5 meal deal in the US that the burger chain is betting can lure penny-pinching consumers back in.

The deal could include a McChicken or a McDouble along with fries and a drink, according to a person familiar with the matter who spoke on the condition of anonymity. On the company’s first-quarter earnings call, Chief Executive Officer Chris Kempczinski said McDonald’s had to be “laser-focused on affordability” given how price-weary diners have become.