date:Feb 12, 2014
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McDonald's blamed the frigid cold and snow that hit large parts of the United States, but analysts said McDonald's domestic patrons continue to be pinched by the slow economy.
It is a trend playing out across the industry.
McDonald's and other restaurants that cater to the financially strapped low-to-middle income masses -- including Darden Restaurant Inc's (DRI.N) Olive Garden and Red Lobster chains -- are struggling to bring in sales.
At the same time, Starbucks, Panera, Chipotle Mexican