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The podcast discusses the impact of rising labor costs on restaurants and how delivery has changed the fast food landscape. It also explores the challenges faced by Hershey and potential solutions, as well as the potential of dividend stocks in enhancing portfolio returns. Additionally, the podcast delves into Transmetics, a company aiming to solve the organ transport problem, and reveals the hosts' top three Halloween candies for 2023.
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Quick takeaways
- The distinction between fast casual and fast food restaurants is becoming less clear as fast casual chains like Chipotle incorporate more digital and delivery options, similar to traditional fast food chains.
- Rising labor costs in the restaurant industry are a growing concern, and automation could be a potential solution for larger chains to reduce labor costs while balancing customer preferences for handmade experiences.
Deep dives
The Blurring Line between Fast Casual and Traditional Fast Food
The podcast discusses the blurring line between fast casual and traditional fast food restaurants. As distribution expands and technology advances, fast casual restaurants like Chipotle and Panera are incorporating more digital and delivery options, similar to traditional fast food chains. While fast casual is typically known for its higher quality and fresher ingredients compared to fast food, the distinction between the two categories is becoming less clear. Fast food chains like McDonald's are also improving their ingredients and offering more value-oriented options to compete in the evolving market.
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