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Claim Your Share: Navigating the $500-Million Bread Price-Fixing Settlement

  Canadians who purchased packaged bread between January 1, 2001, and December 31, 2021 , may be eligible for compensation from a $500-million class-action settlement . This lawsuit accused major grocery chains, including Loblaw Companies Ltd. and George Weston Ltd. , of participating in a price-fixing scheme that artificially inflated bread prices. Who Can Apply? Eligible claimants include individuals and businesses that bought packaged bread in Canada during the specified period. The settlement covers most packaged bread products , but excludes fresh in-store baked goods, artisan loaves, and frozen bread. How to File a Claim Once the settlement process is finalized, an online claims porta l will be available for submissions. Claimants will need to provide details about their bread purchases, though proof of purchase is not required for claims up to $25 . Those who previously received a $25 Loblaw gift card  in 2018–2019 can still apply, but the gift card amount will be deduc...

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McDonald's Faces Sales Slump Amid Rising Costs

McDonald's, the global fast-food giant, has reported a continued decline in sales as customers increasingly feel the pinch of rising prices. Despite efforts to maintain affordability, higher costs for ingredients and operations have forced the company to raise menu prices, driving some diners away.

The drop in sales reflects a broader trend in the restaurant industry, where inflation has made eating out less appealing for cost-conscious consumers. Many customers are choosing to prepare meals at home or seek more budget-friendly dining options.

To counteract the downturn, McDonald's is exploring new strategies, including limited-time promotions, value menu enhancements, and digital engagement initiatives. However, analysts suggest that the company may need to strike a better balance between profitability and customer affordability to regain its footing in a competitive market.

As economic pressures persist, the fast-food industry will be watching closely to see how McDonald's navigates these challenges in the months ahead.

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