McDonald’s and other fast-food giants are struggling in the inflation economy. qz.com
The inflation economy has come for Fat Food. As I read this, I would look at their costs. They talk about their reductions in Labor. It looks more to me like inventory turns and their investment in it. That is itself could make them more competitive. I would have to take a deeper dive into the industry to figure it out.
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Inflation has fallen far from its 2022 peaks but remains elevated. It frustrates the Federal Reserve’s efforts and keeping interest rates high. Consumers are somewhat optimistic, Still, they are worried about inflation. Even so, the overall economy continues to grow steadily.
But big fast food chains and other food companies
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