McDonald's Corp is not losing breakfast business to Starbucks Corp, McDonald's Chief Executive Jim Skinner said at a luncheon in Chicago on Friday.
When asked if Starbucks, which recently revamped its morning menu with healthier choices, has taken a bite out of McDonald's dominant share of the breakfast business, Skinner said: "No, I don't think so in terms of market share."
When asked if Starbucks, which recently revamped its morning menu with healthier choices, has taken a bite out of McDonald's dominant share of the breakfast business, Skinner said: "No, I don't think so in terms of market share."