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- Fast-food prices have risen so much they've hit a "tipping point," one analyst said. Restaurants are having to reset their menus with value deals, Chris O'Cull of Stifel said. Diners have been cutting down at chains like McDonald's, which analysts say marks a change from prior slowdowns.
Feb 7, 2024 · Food companies have been passing along higher labor and ingredient costs to consumers long after inflation peaked at 9.1% in June 2022. Diners are getting fed up, eating less fast food and...
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May 9, 2024 · In California, fast-food chains with 60 or more locations nationwide are now required to pay their workers a minimum wage of $20 an hour following passage of a new law last fall. Labor advocates...
- khristopher.brooks@paramount.com
- 4 min
Since last year, budget-strapped consumers have blasted out social media posts about unaffordable fast food. While some of the high prices are extreme cases—franchisees have the freedom to...
Rising prices at chains like McDonald’s and Five Guys have caused customers to reconsider eating out at all, with the former saying it plans on focusing on affordable pricing in the future.
May 22, 2024 · Local. Fast-food executives point to increased wages and higher costs for ingredients as the cause for higher drive-thru bills in recent years. Individual franchisees typically have control...
May 6, 2024 · Fast food is typically known as a cheap option for eating out, but in the past 10 years, menu prices have doubled. News Center 7′s Taylor Robertson looked at how high those prices have...
- 3 min
- WHIO Staff
Feb 6, 2024 · At McDonald’s, which has repeatedly boasted about its ability to raise menu prices without denting sales, executives are finally acknowledging that customers need a break.
