I feel like any article that doesn't mention how much prices have risen is at best lazy journalism and at worse complicity. It even mentions this:
>McDonald’s, PepsiCo and other companies have said this quarter that low-income consumers have pulled back their spending and are looking for deals.
McDonald's prices have doubled in a decade.[1] Across the board, companies are posting profits well beyond what inflation can account for. How much has Starbucks raised it's prices out of pure greed?
The best deals ended over a year ago anyways, so you're not missing much. Not to mention that locations around me have been removing their self serve soda machines one by one, while the remaining ones have had a sharp drop in soda taste quality.
That's an understandable response. My wife loves egg mcmuffins, which are typically double the price if you don't use the app (and take advantage of one of the always-available "discounts"). So I downloaded the app and order there. But I also found a round cookie cutter, which I now use to make egg mcmuffins at home.
"Nobody" is doing a ton of lifting here. I'd be surprised if even 25% of McDonald's customers used in-app discount. The existence of coupons does not imply everyone uses them.
>McDonald’s, PepsiCo and other companies have said this quarter that low-income consumers have pulled back their spending and are looking for deals.
McDonald's prices have doubled in a decade.[1] Across the board, companies are posting profits well beyond what inflation can account for. How much has Starbucks raised it's prices out of pure greed?
1. https://financebuzz.com/fast-food-prices-vs-inflation