AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Slate Money
McDonald's Fast Food Price War
Jun 22, 2024
McDonald's and Burger King engage in a price war with $5 meal deals, despite losing money. Millennials take 'quiet vacations', geopolitics affect bond markets. Yankee Stadium goes cashless, sparking debate. Podcast explores pricing strategies, work-life balance, and economic impacts.
50:23
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Fast-food chains are engaging in a price war to entice customers with low-cost value meals.
- Millennials are embracing 'quiet vacations,' reflecting changing attitudes towards work-life balance.
Deep dives
Trends in Chain Restaurant Prices
There is a price war in the fast-food industry with McDonald's introducing a $5 meal, followed by Burger King and Starbucks's similar initiatives. Prices have been rising, with even McDonald's menu items increasing by 40% since 2019, leading to a return to competitive pricing strategies.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode