Household names like Chipotle and McDonald’s cautioned about flagging purchases among low-income customers.

"Flagging purchases" is an interesting way to phrase "we tripled our prices and cut staffing to the bare minimum and are surprised that it didn't result in infinite money".

Fast food is too expensive and people aren’t willing to pay top dollar for shit quality. Who knew?

They cut costs as much as possible and now they think it's the consumer because their food is shite. See the cost cutting.

If you're in the business of selling slop, it has to be cheap and readily available. Nobody is paying restaurant prices for warmed over garbage.

It's interesting that McDonalds saw increased traffic among higher-income shoppers. Apparently even high income people are feeling the pressure because they're apparently choosing to eat McDonald's over their usual restaurants.

These restaurant g suite idiots just can't figure out how they tripled prices and people are staying away.

I haven't ate McDonald's in over a year and I don't plan on it ever again. Doing my part!

Maybe people are realizing how terrible a value it is, you can make the place look as fancy as you want, you're still serving what's supposed to be cheap food for crazy prices. There is no possible way you can justify blaming the consumer when the CEO is making tens of millions of dollars, he doesn't do that fucking much, no one does.

So they are failing their customers expectations, and all they know to do is cry for help?

That's a strange way to say they aren't selling as much as they were expecting to, even a few months ago. How about, "Some restaurant chains are reporting decreased consumer spending"

Wages basically stopped rising (compared to asset prices) a couple of decades or so ago

Funny that people without any more money, aren't able to buy as much stuff now it's more expensive

Chipotle: Increases price of a burrito from $6.99 to $12.00.

Customers: eat elsewhere.

Chipotle: Pickachu Face!

Chipotle Mexican Grill, which operates thousands of U.S.-based stores, faulted consumer weakness for disappointing sales…

There ya go. Blame the very people for something that’s not their fault that you depend on for your overpriced luxury foods, clothing, houses, and yachts.

That sounds like a good strategy to win them back.

Chipotle Mexican Grill ... faulted consumer weakness for disappointing sales

Interesting phrasing

Yes Chipotle, consumer demand is the issue, not the fact that your food safety track record reads like a Chinese bio lab

I don’t know why anyone on the west coast would eat this crap when we have legitimate taco shops. That being said we’re definitely at the end of the monopoly game a few of the worst most psychopaths own everything and working people are tapped out completely. Hard to run a consumer based economy without consumers. That’s why they are installing an oppressive facist police state with AI driven mass surveillance. A feudal dictatorship is what comes next and mass killings of anyone inconvenient to this new system. Anyway that’s why you can’t afford to buy subpar burritos

Yeah for what I'd pay for a burrito at Chipotle I can go get a burrito at a local place instead. I am not a chain restaurant person anyway, but the prices are equivalent now, there's kind of no point to them.

I do actually go to Panera sometimes because it's across the street from my work, it's so expensive but do feel like I get some nutrition at least. And there is no local bagel place so I get those there sometimes too. But my kids who used to eat more junk food from chains are meal prepping their lunches now to save money, with no input from me they just got tired of it. I don't think they'd go back now they are used to making food that they like.

The other day, the marketing team in my office were talking about the new McDonald's range that's out at the moment. Garlic chicken nuggets, pineapple on a burger, something like that.

I asked them about the price of a maccies nowadays. Mate, I almost lost my fucking mind when they told me it was like a tenner for a burger and fries. £10??? Are fucking mental??

£10 is what a burger costs in like, a proper sit-down restaurant. How the FUCK is maccies charging that much money and getting away with it? I can't imagine the food is suddenly not atrocious cardboard shit.

When I reacted with genuine shock and confusion, one of the guys agreed with me. He said "yeah, it's mad. It's getting to be Burger King prices". Honestly. What the fuck.

Can I say something? Fuck fast food, embrace slow, healthy food

Better get politicians to pressure local businesses i to forcing their employees back into the office, I'm sure that'll make more people want to eat at your restaurant during their lunch break

"Consumer weakness"

Wow way to pass responsibility for your own failing to adapt to a changing market!