Eugene David ...The One-Minute Pundit |
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Thursday, June 12, 2003
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.
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