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

  • lqdrchrd@lemmy.blahaj.zone
    1·
    10 months ago

    McDonald’s used to be viable because it was shit, but at least it was cheap. Now it’s just shit. I haven’t gone of my own will in years, only with other people who wanted it. $3 for a hash brown is absurd.

    • SendMePhotos@lemmy.world
      0·
      10 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.

  • IchNichtenLichten@lemmy.worldEnglish
    0·
    10 months ago

    There’s a burger place near me which makes a great burger - good quality ingredients, interesting toppings, great fries and they’re cheaper than McDonalds. Given McDonald’s prices on ingredients will be substantially cheaper, and their volume higher, this is just pure greed.

  • ramsgrl909@lemmy.world
    0·
    10 months ago

    I worked for McDs in high school, around 2008. Big Mac meal used to be $6.08 with tax, $1 menu used to be $1.06 with tax. I went the other day and was shocked to see how much everything costs now plus I have to order via a screen (which I find bizarre, but maybe I’m just old now).

    I also feel like working there used to be kind of fun. I’d take the order from the drive thru/take the money, kitchen would secretly prioritize drive thru orders (everything is timed), and window person would get the order together. Now it seems like they take 1 or 2 drive thru orders at a time and make the line wait until those are done.

    Seems like fewer people working & prices went up - and I’m sure those poor folks working are making minimum wage. It’s just sad all around.

    • saintshenanigans@programming.dev
      0·
      10 months ago

      The cool part is I started working there just after you! I started around 2013 and worked there until about 2016 and it was STILL about maybe $7 or $8 for a meal, and the dollar menu was still $1.06

      This shit happened during covid and they’re literally only doing it because they can. There have been reports that the current inflation isn’t driven by the state of the economy at all, but just corporate greed.

      Don’t waste your time and money guys, you can get food cheaper at the mom and pop restaurants now, and that food is usually at least half decent. When it’s the same price to eat at McDonald’s or a “healthier” place like tropical smoothie or Chipotle, why the fuck would I want to pay for ultra processed sludge

  • BigMacHole@lemm.ee
    01·
    10 months ago

    It’s a good thing we haven’t raised the Minimum Wage! Otherwise they may have Raised their prices!