Value has become the watchword for fast-food brands these days. As CNBC reported Sunday (Aug. 11), restaurant CEOs keep pointing to value when explaining to investors why sales have cooled, while also offering up their plans to boost traffic. “Value” came up nearly 80 times...
A bumpy but generally downward path for inflation — and the prices paid for all manner of goods — may pressure consumers to pull back on spending. To that end, consumers see some softening of just how much prices will increase over the short term...
Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in a report published Sunday (May 5). The reason? A visit to the Golden Arches that ended with Montenaro paying nearly $10...
We’re all booking trips. But what we’re able to spend once we get away from it all … well, that remains to be seen. Delta Air Lines reported earnings on Wednesday (April 10), and CEO Ed Bastian said there has been “real strong demand” to...
December 11, 2024
The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported by the Bureau of Labor Statistics. Two key areas of essential spending — food and shelter — saw yet another boost to prices. Groceries were more expensive, month on month, […]
April 10, 2024
We’re all booking trips. But what we’re able to spend once we get away from it all … well, that remains to be seen. Delta Air Lines reported earnings on...
January 11, 2024
The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by the Labor Department, the most...
November 14, 2023
Inflation, overall, is scaling back from a formerly torrid pace as prices at the pump recede. But the fact remains that everyday essentials — namely food and clothing — are...
August 11, 2024
Value has become the watchword for fast-food brands these days. As CNBC reported Sunday (Aug. 11), restaurant CEOs keep pointing to value when explaining to investors why sales have cooled, while also offering up their plans to boost traffic. “Value” came up nearly 80 times when McDonald’s held its earnings call in July, the report […]
May 05, 2024
Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in a report published Sunday (May 5)....
April 08, 2024
Makers and retailers of packaged foods and drinks are reportedly emphasizing value and discounts to a greater degree than they’ve done since the pandemic. This trend marks a reversal of...
March 27, 2024
Rising prices at fast food eateries and other restaurants reportedly have lower-income diners pulling back. Around a quarter of low-income consumers — those who make under $50,000 a year — said they...
