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re: Did fast food jump the shark? $5 value meals are back as demand slows due to high prices
Posted on 5/24/24 at 10:33 am to Codythetiger
Posted on 5/24/24 at 10:33 am to Codythetiger
quote:
fast food became the same price as causal sit down restaurants, how tf did that happen
Greed
1
Posted on 5/24/24 at 10:38 am to sidewalkside
Wendy's has had the $5 Biggie Bag for several years. I moved back from overseas a couple years ago and was surprised how expensive other fast food had gotten. $5 bags and $1 annual frostie cards for the win! Wendy's has become our go to fast food option.
BK sends monthly coupons in the mail that are also sub $6 for a combo.
BK sends monthly coupons in the mail that are also sub $6 for a combo.
Posted on 5/24/24 at 10:40 am to teke184
quote:
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.
Actually for me. Mexican restaurants are about the only ones staying reasonably priced... But we got soooo many in Oklahoma it's about as bad as Pot Shops.
Posted on 5/24/24 at 10:46 am to Codythetiger
quote:
ast food became the same price as causal sit down restaurants, how tf did that happen
And now that it has happened why would anyone eat fast food over casual dining?
Posted on 5/24/24 at 10:47 am to sidewalkside
Lord only knows what cheap fillers/ ingredients they're using for this "deal"
Posted on 5/24/24 at 10:48 am to sidewalkside
Use deals on the app and it’s still dirt cheap
Posted on 5/24/24 at 10:49 am to Codythetiger
Casual sit down can rely on suckers like us to pay staff through tips
Posted on 5/24/24 at 10:50 am to sidewalkside
Baws need to grow up and abandon fast food
Posted on 5/24/24 at 10:56 am to Saint Alfonzo
quote:
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.
It's the convenience these days. Cheaper to go to the grocery store.
Posted on 5/24/24 at 10:56 am to bigjoe1
quote:
I've read that franchise owners say the price is not sustainable long term without a contribution from corporate.
buried in the details is it's not "sustainable" if they want to maintain current margins. They all got used to fatter and fatter (pun intended) margins and don't want to give that up.
Posted on 5/24/24 at 11:02 am to idlewatcher
quote:
Greed
Yep.
McDonald's increase in revenue since 2020 outpaces the rate of inflation by a fair amount. They decided to see how high they could push prices to maximize their profits. Fast-forward to 2024, and their growth rate is crashing because they overplayed their hand and priced out their core consumers....poor folks. NOW they're suddenly worried about keeping prices reasonable for consumers.
I suspect (hope) we're going to start seeing a lot more of this as the market corrects itself.
This post was edited on 5/24/24 at 11:05 am
Posted on 5/24/24 at 11:05 am to Aubie Spr96
quote:
Wife and I can't go hardly anywhere under $50 anymore
Feeding big ol gals is expensive
Posted on 5/24/24 at 11:05 am to sidewalkside
Yes their 5 dollar meals will consist of a kids meal sized burger, small fry, and a small drink.
You just assume order a kids meal at least you get a free toy too.
You just assume order a kids meal at least you get a free toy too.
Posted on 5/24/24 at 11:06 am to WaydownSouth
quote:
I'd rather light $10 on fire than buy shite disgusting McDonalds or Burger King
I’d rather go to BK or McD than spend $100 for a family of four at some disgusting Mexican restaurant
Posted on 5/24/24 at 11:10 am to sidewalkside
Fast food joints are in a squeeze because they now have to pay expendable labor an unreasonable wage, and nobody wants to pay $8 for a fast food burger.
Automate, automate, automate
Automate, automate, automate
This post was edited on 5/24/24 at 11:12 am
Posted on 5/24/24 at 11:12 am to sidewalkside
I’ve never more sympathy for my college son, whose home for the summer, when he came home after a night out with friends and sat eating his $17 dollar Taco Bell.. I would’ve had bags of tacos and mexi melts and this fricker had a combo and maybe an extra taco or 2.. 
Posted on 5/24/24 at 11:12 am to sidewalkside
Wendy's 4 for $4 GOAT
Posted on 5/24/24 at 11:13 am to Aubie Spr96
quote:
Wife and I can't go hardly anywhere under $50 anymore.
Hit the buffets to get the most bang for your buck. Eat so much you don’t have to eat the rest of the day or starve yourself the full day and go to the buffet for supper.
Posted on 5/24/24 at 11:14 am to SportsGuyNOLA
quote:
I’d rather go to BK or McD than spend $100 for a family of four at some disgusting Mexican restaurant
You can't get margs at BK or McD
Posted on 5/24/24 at 11:16 am to TheHarahanian
quote:
Fast food joints are in a squeeze because they now have to pay expendable labor an unreasonable wage, and nobody wants to pay $8 for a fast food burger.
Not really. They're making more profit than they ever have. They're just manipulating the market and using that as a dog whistle.
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