Long-predicted consumer pullback hits restaurants like Starbucks and McDonald's

cnbc.com

21 points·paulpauper··10 comments

> It’s finally here: the long-predicted consumer pullback.

> Starbucks announced a surprise drop in same-store sales for its latest quarter ...

How can an event be simultaneously "long anticipated" and a "surprise"? What's this kind of trolling called? haha

An area might be overdue for a catastrophic earthquake, but on the day it happens people will be surprised.

It didn't make sense that people would still eat McDonald's bottom tier food as the prices rose for years, but we didn't know which quarter would show the consequence.

The only real, unfabricated surprise is that the reduction in demand didn't hit sooner.

Prices have gone up too fast. So much for the common excuse that eating healthy is too expensive compared to junk food. healthy food at the food store is way cheaper than eating out fast food junk.

Thank you greedy execs - my cheapness finally overtook my laziness and I’ve never been healthier (for real - I learned to enjoy healthy eating and my diet has never been better).

Haha seriously, I know how bad for you it is but I still used to do the occasional fast food run, now it's just too costly for my taste and I don't go there at all.

Container of tomatoes - ~$2.5-$3. Pack of cookies ~$5. That’s the observation I recently made for myself.

Starbucks and McDonalds are 'restaurants'?

The term of art in the industry is they are “QSRs”: “quick service restaurants”

Yes? They serve food.

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