Posted
8:22 AM
by Gene
Mickey D's is backbackBACK with the loonies of Wall Street, nearly doubling in value in the last three months. And company management's trying to fix the chain with a heavy dose of the news hacks' favorite word, HIP. But there is reason for hope:
"Their image problem may be more psychological than physical," says Joseph Selame, branding director at Brand Equity International. No matter how the chain fixes food or restaurants, "There's a negative train of thought that goes through many people when they think about McDonald's."
Translation: bad food, dirty stores and LOTS of TV advertising = no trips to McDonald's.