• McDonald’s executives acknowledged during an earnings call Monday that diners consider the company’s prices too high, and said they are taking a “forensic approach” to evaluating prices.
  • Amid a broader consumer pullback and increasing prices, fast-food chains have had a difficult time drawing in lower-income diners.
  • The company’s recent $5 value meal offering was initially successful in bringing lower-income diners back to stores but has yet to translate into higher sales, company executives said.
  • Orbituary
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    616 months ago

    Stop. Eating. This. Shit.

    • @johannesvanderwhales
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      6 months ago

      Personally I stopped eating fast food almost entirely (I mostly cook for myself), but food deserts are real and many people have few reasonable options. I don’t think anyone eating McDonald’s is under the impression that it’s good for them.

  • @[email protected]
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    556 months ago

    “Create value”

    God. Please just fucking stop. What value do they want to “create”? It’s shitty food. Its “value” is in being cheap.

    • @Anticorp
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      76 months ago

      It’s shitty food. Its “value” is in being cheap.

      And fast, but it hasn’t been either of those things for a while.

    • @3ntranced
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      66 months ago

      It’s just corporate-speak for “How can we change the menu so we still make the same amount of money, while confusing the customer into thinking they’re spending less”

      • @postmateDumbass
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        16 months ago

        Maybe if they fired half the MBAs they could make food that people would buy at reasonable prices.

  • @[email protected]
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    366 months ago

    It’s more expensive than in and out these days. McDonalds is absolutely not worth what they’re charging.

  • Rayquetzalcoatl
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    346 months ago

    They’re taking a “forensic approach”. They’re “working to create value”, instead of just lowering their artificially jacked up prices. This means they’re trying to create more value for shareholders and execs, not customers - obviously, not surprising, just interesting seeing the way they weasel themselves around the actual issue.

    • @Anticorp
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      56 months ago

      Well yeah, they aren’t going to voluntarily lower prices. That’s sacrilege.

    • @postmateDumbass
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      26 months ago

      I’m just relieved they are busy creating “value” instead of “percieved value”.

  • @CptOblivius
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    166 months ago

    I don’t go to McDonald’s often. But the last time I went I couldn’t believe the prices, and worse was the quality. Since COVID everything has gone up but McDonald’s doubled that and dropped quality too. It is so terrible now. Even considering the low standard it had before.

    • @Anticorp
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      26 months ago

      Yes, but they’re making lots of money, so it’s okay

  • @aseriesoftubes
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    166 months ago

    Have they considered making their food less shitty at the same price? The race to the bottom price-wise never ends well.

  • @Hellinabucket
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    106 months ago

    The only thing I ever get from McDonald’s anymore is happy meals for my kids. At one store it’s 6 dollars, at the a mile down the road it’s 4.

  • @HeyJoe
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    96 months ago

    I tried the “value” meal they introduced recently. There was also a coupon for buy one 6 piece get one for .29 cents so it was enough food to share with others. I could’ve sworn the burger and chicken sandwich meals were supposed to be $5 but the burger one was $6. I get it and I was stupid and didn’t check it, sure enough they forgot the sandwich… so glad they offered such great value.

  • slazer2au
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    86 months ago

    More value. Yet you didn’t say to whom, the customer or shareholders.

  • @DaddleDew
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    86 months ago

    Their food is a result of decades of small incremental changes to make the food cheaper and profitable, a few pennies at a time. Fast forward to today and what MacDonald’s has to offer now doesn’t even taste like burgers anymore.

    • @shalafi
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      16 months ago

      This killed Red Lobster.

  • @LouNeko
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    76 months ago

    How can we create value for our customers?

    Well customers like good service, customers also like being served by happy people. Let’s require all our workers to smile all the time and act happy.

    Perfect. We can also increase the prices since the service is going to be so satisfactory.

    Perfect.