McDonald's revives Dollar Menu name with $1, $2 and $3 items

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NEW YORK (AP) -- The Dollar Menu is making a McComeback.

McDonald's contracts. File photo dated 07/02/13 of a general view of a McDonald's logo. Workers at restaurant giant McDonald's are to be offered a choice of flexible or fixed contracts with minimum guaranteed hours. Issue date: Tuesday April 25, 2017. The company said the move followed trials in 23 restaurants, which will be extended to 50 more sites before rolling out nationally across the year. See PA story INDUSTRY Macdonalds. Photo credit should read: Rui Vieira/PA Wire URN:31065160

McDonald's is reviving the name of the once-popular value menu next month, but this time the items will cost $1, $2 or $3.

Offering cheap eats has been a winning strategy for the world's largest hamburger chain. In October, it attributed a rise in a key sales figure during the third quarter to its $1 sodas and a two-for-$5 promotion called McPick 2.

The Oak Brook, Illinois-based company says the "$1 $2 $3 Dollar Menu" will become a permanent part of its menu on Jan. 4. There are a dozen items on the new menu, including a sausage burrito for a buck, a bacon McDouble for $2 and a Happy Meal for $3.