Corporate America may be bumping up against the limit of its power to keep raising prices as consumers in some markets cry uncle.

“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.

normal way to talk about ‘fellow’ human beings

  • SendMePhotos@lemmy.world
    29·
    9 months ago

    Idk about boycotting but I’ll tell you that I haven’t had McDonald’s since I went and it was like $20+ for two people for some breakfast sandwiches (meals). I’d rather buy the frozen ones or just have none. Like everyone else, we don’t have a ton of extra money and if we do go out, we want our value for our time.

    I got used to thinking about money being time. If you make 15/hr then one meal is roughly one hour. Don’t think of your dollar, think of how many hours something costs.

    • whoelectroplateuntil@sh.itjust.works
      8·
      9 months ago

      There was an article on here the other day about the $20 big mac meal. Basically McDonald’s is trying to exploit higher grocery prices, assuming more consumers will go to them instead. But they seem to not realize that charging as much as a douchey hipster restaurant for a burger and fries while being literally on par with frozen food is a losing proposition. It’s like they forgot they’re still in competition with the entire rest of the restaurant industry and that their prices have to stay below grocery prices to be competitive with groceries in the first place.

      Hilarious, not gonna lie.

      • prole@sh.itjust.worksEnglish
        21·
        9 months ago

        and that their prices have to stay below grocery prices to be competitive with groceries in the first place.

        What? You can get enough ingredients to make 4 burgers for that much at a grocery store. You just have to make it yourself. The entire concept of fast food is that you’re paying more for the convenience.

    • AlecSadler@sh.itjust.works
      12·
      9 months ago

      When/where was this? My wife and I just had breakfast sandwiches with sides and drinks, each, a week or so ago and it was like $8 total for both.

      • MagicShel@programming.dev
        3·
        9 months ago

        I just checked here online and the cheapest breakfast meal is 6.99 in the middle of flyover country, with the high end being over $8.

        • AlecSadler@sh.itjust.works
          2·
          9 months ago

          Ah, I checked as well and it was because of BOGO/BOGO1 deals in the mobile app (which seem to be a daily thing). It cost like $5 more to order two meals versus ordering the items individually and triggering BOGO/BOGO1. Brought it down to $9 for both.

        • SendMePhotos@lemmy.world
          1·
          9 months ago

          Part two of not ordering McDonald’s is that they updated their ToS back in October and basically bought your waiver of rights to sue for some free fries.

          I can’t see prices online without accepting the terms. I refuse.