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McDonald's sales are slumping because people can't afford fast-food (www.cbsnews.com)

submitted 3 weeks ago by cm0002@lemmy.world to c/usa@midwest.social

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[–] Chip_Rat@lemmy.world 3 points 3 weeks ago

Rent. Small mom and pop shops that can't afford their own space get all that money syphoned away to the landlords. All saving that come from big corporate supply chains and mass production also leave M+P shops screwed.

Large companies can weather hard times much easier as well, so M+P shops will fall away during hard times while McDonald's will just fire some min wage workers, stop caring about quality and hike prices a bit.

The system is not set up for M+P survival.