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Fast-food chains battle for low-income diners with summer value meals ***Better headline: Fast food restaurants scratch head when customers don’t want to pay higher prices for shitty food. (www.cnbc.com)
submitted 3 months ago* (last edited 3 months ago) by JimmyBigSausage@lemm.ee to c/aboringdystopia@lemmy.world
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[-] snooggums@midwest.social 10 points 3 months ago

Fast food used to be cheaper because of economies of scale. Can McDonald's really be paying more for the ingredients and labor to make a big mac meal than a steakhouse pays for a 6 oz steak with two sides?

[-] aviation_hydrated@infosec.pub 3 points 3 months ago

Probably not more for wages or ingredients, but more for CEOs and need to appease stock holders so their behavior will be different than a small shop, no matter what the scale

this post was submitted on 28 Jul 2024
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