Episode Details
Back to EpisodesFast Food's Price Surge: A Shift in Eating Out
Description
Fast Foods Losing Its Edge: As Prices Soar, Canadians Flock to Grocery Stores for Ready Meals
Despite overall food sales increasing, quick-service traffic and volume are declining due to rising prices. Fast food chains have raised costs to combat wage, energy, and ingredient increases, causing combo meals to surpass fifteen dollars in many spots. Consumers are now opting for grocery store ready meals and hot bars, leaving fast foods low-price reputation in jeopardy.
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