this post was submitted on 07 Feb 2024
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"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

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[–] 13617@lemmy.world 16 points 10 months ago (20 children)
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[–] Crass_Spektakel@lemmy.world 14 points 10 months ago* (last edited 10 months ago) (8 children)

Fun fact: In Germany, the big US fast food companies are in a constant price war. They hand out vouchers at least once a week and offer big discounts online and in their apps. Because if they didn't their restaurants would be utterly empty. For the price of €12 for a Big Mac menu, I can go straight to a pretty good restaurant and have a Schnitzel with French Fries, a salad and a beer.

Especially Burger King and McDonalds are doing that all day. Subway and KFC a lot less.

Then there are Turkish and German fast food restaurants. They often have prices so low they simply don't have to lower then to beat the US chains. And to be honest, before I buy a burger for €5 I buy a Kebab or Shawarma which beat every burger in taste and amount of food. German fast food restaurants often sell grilled chicken, all sorts of fish, fried sausages and so on. And yes, we consider Pizza German Food nowadays. And the Italians agree, especially when talking about Pine-Apple Pizza or Pizza with pulled pork. They are usually cheaper than anyone else and the food is huge and easy to eat fast. German Fast Food makes all others look like slow food, you can easily stuff yourself in two minutes.

Some prices:

-The Croatian canteen in our town hall serves good Balkan cuisine from €5. A glass of tap water for €0.50. And it is a nice place, not looking like a canteen at all. Tips are included in these prices.

-I have a ton of vouchers of 50% voucher for Chicken McNuggets, Big Macs and Salads. I don't visit McDonalds too often as they require to order from a needless complicated touch screen but when I do I sometimes take a voucher "Two Big Macs for €5".

-a company I work for sometimes orders the "business menu" from Burger King which is something like "20 burgers of your choice and 2kg of fries" for €70. As the boss often invites his worker I am just happy with whatever I get.

-the local furniture store offers 50% vouchers for a a complete fish dish on Friday for €5 in his nice restaurant.

-they also offer Chinese and German Food often at 50% vouchers which equals to €4-€5 for a complete meal. And every day they have some cheap East European soup dishes like Borscht, Flaczki, Gulasch and so on for €2-3 and it is always a HUGE amount of food.

Seriously, if you open your eyes you would be surprised how many really cheap and great restaurants are around.

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[–] oxjox@lemmy.ml 13 points 10 months ago (18 children)

This is how supply and demand and inflation are supposed to work. Prices get inflated because the supply is low and the demand is high. We’re now at the tipping point where the market is saying it’s too much. We should have been saying it was too much, via our wallets, years ago.

Cry all you want about corporate greed but it’s largely unregulated so the supply for their wallet still counts as supply. If you’re still paying for it, they’re going to keep raising the prices. What’s something worth? What someone will pay for it.

Why is beef still expensive? Because people keep buying it. https://www.marketplace.org/2024/01/10/if-inflation-slowed-down-in-2023-why-is-my-grocery-bill-so-high/

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[–] lntl@lemmy.ml 12 points 10 months ago (7 children)

McDonald's is a waste of time

[–] Duamerthrax@lemmy.world 8 points 10 months ago (1 children)

There's faster food for less and better food for the same price. There's no point unless you're traveling.

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[–] TengoDosVacas@lemmy.world 12 points 10 months ago* (last edited 10 months ago)

McDs is one of a handful of optuons I have so I cant really boycott; however, today I found a dastardly trick: the order kiosks suddenly switched medium and large so you will accidentally order the large size. Almost got me, but not quite

[–] chemical_cutthroat@lemmy.world 12 points 10 months ago (5 children)

As someone who works in a mom and pop restaurant, I understand this. McDonalds is huge and buys/manufactures in bulk, sure, so their prices are gonna be cheaper, but their costs are still going up like the rest of us. It kills me to keep seeing our menu updates, but food is fucking expensive now. I'm not saying that McDonalds isn't pulling down a tidy profit, and if food costs dropped they probably wouldn't drop their price, but I don't put the price increase solely on them. Food costs are rising all over, and it's killing the business. I have a spreadsheet from 6 years ago when I first started analyzing our costs, and my most recent sheet shows anywhere between 150 and 200% increase across the board. That's absurd. So, blame McDonalds for whatever you want, I won't stop you, but make sure to aim some hate at the production side of things as well.

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[–] homesweethomeMrL@lemmy.world 11 points 10 months ago

I’m so mad about it I haven’t been there in a decade.

[–] Granite@kbin.social 10 points 10 months ago

Not for me. My fast food intake has drastically shrank. Better for my health anyway

[–] gregorum@lemm.ee 9 points 10 months ago* (last edited 10 months ago) (1 children)

I stopped eating fast food, oh… shit, almost 20 years ago.

these things, though. CRACK. these and sausage egg McMuffins. once a year on my birthday. I’ll pay whatever for them.

edit: before you even… I’ve tried finding the ingredients elsewhere and replicating them— it’s impossible!

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[–] dvtt@lemmings.world 8 points 10 months ago

What I hate most is that they removed the mcchicken biscuit... makes no sense for me to go there for breakfast now

[–] Potatos_are_not_friends@lemmy.world 7 points 10 months ago (1 children)

My favorite Korean restaurant raised prices twice in a year. It went from $16 to $19 to $22 for a box of Korean fried chicken.

Where the big companies can handle it (and at times, are the ones doing it), mom and pop shops are getting fucked and have to raise prices too.

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[–] electric_nan@lemmy.ml 7 points 10 months ago

If you have an alternative to McDonalds and you still eat McDonalds anyway, get some self-respect.

[–] 44razorsedge@lemmy.world 6 points 10 months ago (2 children)

Simple solution seems to be just eat the rich.

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