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Did fast food jump the shark? $5 value meals are back as demand slows due to high prices

Posted on 5/24/24 at 10:04 am
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
3227 posts
Posted on 5/24/24 at 10:04 am
LINK

Burger King is set to launch its own $5 meal deal, a company spokesperson said on Thursday, at a time when its rival McDonald’s
is also planning to launch a similar meal deal.

“We are bringing back our $5 ‘Your Way Meal’ as agreed upon with our franchisees back in April,” the spokesperson said.

U.S. fast food chains are in a tussle to attract customers at a time when cost-of-living crisis has forced them to eat more meals at home, prompting companies to turn their focus on offering better promotions and deals to improve traffic.
Posted by LNCHBOX
70448
Member since Jun 2009
86759 posts
Posted on 5/24/24 at 10:04 am to
"Bringing them back" at a 25% increase form back when they were $4 meals. Thanks Joe
Posted by teke184
Zachary, LA
Member since Jan 2007
101618 posts
Posted on 5/24/24 at 10:04 am to
Eating out is an elastic demand based on the costs of the food or of the shopping tastes of the woman involved.

Things get to expensive and it goes to the curb.
Posted by Codythetiger
Arkansas
Member since Nov 2006
29327 posts
Posted on 5/24/24 at 10:05 am to
fast food became the same price as causal sit down restaurants, how tf did that happen
Posted by teke184
Zachary, LA
Member since Jan 2007
101618 posts
Posted on 5/24/24 at 10:09 am to
Casual sit down has gotten expensive as frick.

Took my family out to Mexican yesterday and it would have been cheaper to drive to the border and find a few to cook it for me.
Posted by High C
viewing the fall....
Member since Nov 2012
57326 posts
Posted on 5/24/24 at 10:09 am to
Fast food will never jump the shark IF it’s somewhat affordable.
Posted by Violent Hip Swivel
Member since Aug 2023
5615 posts
Posted on 5/24/24 at 10:09 am to
More shrinkflation would be my guess. A Burger King cheeseburger is now the size of a woman's fist.
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
18522 posts
Posted on 5/24/24 at 10:11 am to
The amount of food you get is gonna be smaller.



Posted by TJack
BR
Member since Dec 2018
3059 posts
Posted on 5/24/24 at 10:11 am to
But why? The economy is the best it’s ever been. And why does Target feel the need to lower prices too? McDs & Target must not be doing things right bc the rest of the country is thriving.
Posted by jaytothen
Member since Jan 2020
7559 posts
Posted on 5/24/24 at 10:12 am to
quote:

A Burger King cheeseburger is now the size of a woman's fist.


Putting the woman's fist in my mouth while in public is frowned upon though.
Posted by BoogaBear
Member since Jul 2013
6447 posts
Posted on 5/24/24 at 10:13 am to
Food prices are unreal. Mexican for a family of 5, all 3 kids eat off the kids menu is $100.

Buffalo wild wings was $125
This post was edited on 5/24/24 at 10:14 am
Posted by WaydownSouth
Stratton Oakmont
Member since Nov 2018
9617 posts
Posted on 5/24/24 at 10:14 am to
I'd rather light $10 on fire than buy shite disgusting McDonalds or Burger King
Posted by i am dan
NC
Member since Aug 2011
28120 posts
Posted on 5/24/24 at 10:16 am to
quote:

fast food became the same price as causal sit down restaurants, how tf did that happen ?


And every fast food place around has a drive thru line 10 cars deep. Crazy...

I've been cooking at home more than ever. Better and healthier food.
This post was edited on 5/24/24 at 10:17 am
Posted by Codythetiger
Arkansas
Member since Nov 2006
29327 posts
Posted on 5/24/24 at 10:18 am to
Was it more of an upscale place? We've got a couple of mexican joints here that are your typical fast causal sit downs and it was only a few dollars more than our taco bell order we got.

Now we do have a nicer spot run by white people that does craft tacos and that place keeps jacking their rates. it's 11.83 (after tax) for a 12 ounce margarita, the tacos are like 4.50 a piece and the plates usual run for $20.00+ per entrée.

but the mexicans running their stuff are still way cheaper and we've been there so many times the staff always treats us like family. they'll come up and hangout with the baby even when they are not our server
Posted by bigjoe1
Member since Jan 2024
779 posts
Posted on 5/24/24 at 10:18 am to
I've read that franchise owners say the price is not sustainable long term without a contribution from corporate.
Posted by Tigerroar73
Member since Oct 2014
366 posts
Posted on 5/24/24 at 10:20 am to
10 years ago, who would have thought that a $5 meal at Burger King would be considered a "value"?
Posted by teke184
Zachary, LA
Member since Jan 2007
101618 posts
Posted on 5/24/24 at 10:20 am to
Define “upscale”.

This is a local chain with a small number of locations but their menu has changed radically and prices spiked within the past 1-2 years.
Posted by High C
viewing the fall....
Member since Nov 2012
57326 posts
Posted on 5/24/24 at 10:21 am to
quote:

Putting the woman's fist in my mouth while in public is frowned upon though.


You had to have tried it to make this discovery.
Posted by Saint Alfonzo
Member since Jan 2019
25748 posts
Posted on 5/24/24 at 10:21 am to
Most of the appeal of fast food is the price. If a McDonald's combo meal is going to cost as much as a burger at a sit-down joint, I'm going there instead. Or, I'm taking the best option, which is to eat at home.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
43175 posts
Posted on 5/24/24 at 10:29 am to
Wife and I can't go hardly anywhere under $50 anymore.
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