McDonald's sales are slumping because people can't afford fast-food
McDonald's sales are slumping because people can't afford fast-food
www.cbsnews.com
McDonald's sales are slumping because people can't afford fast-food
8 comments
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Really interested in long term health correlations to this
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highly processed foods are also a thing at grocery stores and the article points out that mcdonalds was too slow capitalize on lower pricing, enabling their competitors
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Absolutely. I shop weekly in Texas and when I avoid: the extra sugar, extra fat, processed gains, etc. And only buy meats, dairy vegetables, fruits, nuts and unprocessed ; then I have only 5% of the grocery store, maybe 1% even, to choose from.
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Burgers are so easy to make at home. Like 15 minutes. And you get to control what goes in it. It's fast food because it's literally fast to make. Do it yourself.
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The Free Market at work. If people can't afford to pay for a burger at McD's, they won't - even if they want to.
For the economy to work properly, everyone has to be at least somewhat well-off - not living paycheck-to-paycheck without a dollar to spare for a start.
8 comments
I haven’t ordered from McDonald’s this year. Uninstalled the app a long time ago. Raised all the prices and eliminated all the remotely good coupons and BOGO or BOGO$1 deals. My family’s order went from $17 to $43. There are a hell of a lot better options, both fast food and fast casual, at that price point than McDonald’s.
I haven't eaten at McDonald's in...I'll just say a long time. So when I see comments like yours I just think its complete garbage they price their food like that.
Ok, have memberships and rewards because everybody does that (even though I hate it) but for it to essentially be 4x the price without it that's crazy. Its cheap (as in quality) fast food, it should be priced that way.
I look at it a bit like the fire pyramid. McDonald’s works if it is good quality, fast, and cheap.
McDonald’s is no longer cheap compared to other offerings, and I can find lots of places that are the other two for the same price.
When my order at McDonald’s is $17, and Culver’s is $55, that’s a hard sell, and Culver’s is a special occasion. When McDonald’s is $43 and Culver’s is $55, that just means I eat out less overall (win), order Culver’s and get better food (win), and spend roughly the same price (win). Why would I go to McDonald’s?
And at Culver’s that price includes milkshakes for the whole family, whereas my McDonald’s order includes no drinks of any kind.