Restaurants and stores lying about prices

#26
#26
I personally view false advertising as deceit on purpose. No I don't believe they're purposefully changing prices in the system to grab an extra dime. The reports I've read from actual employees agrees with that. There's just not enough time or labor to get the changes made. It's why many are trying to go with digital labels
they could easily put a delay in the digital system until the store catches up. If I see 9.99 on the item I have in my hand, it is 100% false advertising if I am charged something else at the register. if that was the problem.

and is corporate really changing the prices on everything in the store all at once? Figured it would be singular items/brands, which shouldn't take too long to fix. are the stores not made aware that changes to certain products are coming to prep?

any way its cut, its a problem on the business side and the individual is the one who pays the price, pun intended. thats not good/fair business practice, and I 100% believe corporations will take advantage of this.
 
#27
#27
The simplest answer is that inflation is galloping faster than they can change the menu prices.

Pretty soon, you'll go to Popeye's Chicken drive-thru and see "market price" on a 8 PC spicy.
Nope.

1000009544.png

This is a taco bell menu from 2005
Chicken quesadilla was 2.29. Today it's 5.39
5 Layer burrito was 1.59. today it's 4.19

2.29 is the equivalent of 3.68 today
1.59 is the equivalent of 2.56 today

And it's like that at nearly every fast food place, across the board. These prices are far outpacing inflation. It's greed.
 
#28
#28
Nope.

View attachment 661889

This is a taco bell menu from 2005
Chicken quesadilla was 2.29. Today it's 5.39
5 Layer burrito was 1.59. today it's 4.19

2.29 is the equivalent of 3.68 today
1.59 is the equivalent of 2.56 today

And it's like that at nearly every fast food place, across the board. These prices are far outpacing inflation. It's greed.

Explain how their operating margins are lower now vs 2019 or 2014.....
 
#29
#29
Operating margin

Wal Mart Y/E Jan 2019: 4.27%
Wal Mart Y/E Jan 2024: 4.16%

Best Buy Y/E Feb 2019: 4.43%
Best Buy Y/E Feb 2024: 3.62%

DG Y/E Feb 2019: 8.26%
DG Y/E Feb 2024: 6.32%

Home Depot Y/E Jan 2019. 14.37%
Home Depot Y/E Jan 2024. 14.24%


Greedflation is a myth and a lie not supported by any stat for these market leaders...
 
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#30
#30
Nope.

View attachment 661889

This is a taco bell menu from 2005
Chicken quesadilla was 2.29. Today it's 5.39
5 Layer burrito was 1.59. today it's 4.19

2.29 is the equivalent of 3.68 today
1.59 is the equivalent of 2.56 today

And it's like that at nearly every fast food place, across the board. These prices are far outpacing inflation. It's greed.

Bring back the Double Decker Taco Supreme!!!!
 
#32
#32
Stopped at a convenience store yesterday, no prices on anything. Problem solved. Saves some labor too.
 
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#33
#33
We're talking about restaurant prices in this thread. Not Best Buy and Home Depot, at least that's what I was speaking on
 
#34
#34
We're talking about restaurant prices in this thread. Not Best Buy and Home Depot, at least that's what I was speaking on

Dont worry. Yum's profit margins are lower now than 2019 since you chose to ignore that statement since it doesnt fit with your narrative...
 
#35
#35
Ordered 4 small Blasts at Sonic for me and my family. It was almost 20.00....for ice cream!! It wasn't that long ago we could actually eat at Sonic for that price.
 
#37
#37
Nope.

View attachment 661889

This is a taco bell menu from 2005
Chicken quesadilla was 2.29. Today it's 5.39
5 Layer burrito was 1.59. today it's 4.19

2.29 is the equivalent of 3.68 today
1.59 is the equivalent of 2.56 today

And it's like that at nearly every fast food place, across the board. These prices are far outpacing inflation. It's greed.
Are you willing to meet me halfway and say that it could be both greed and inflation?
 
#38
#38
Are you willing to meet me halfway and say that it could be both greed and inflation?

It's all inflation. Taco Bell makes less per dollar (operating margin) than they did 5 years, 10 years ago....

$700 unemployment/week in 2020 and 2021 is the culprit here....

When you have to pay $17-22 per hour when you paid half that 5 years ago is what is causing the issues.
 
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#40
#40
Isn't that supply/demand?
As far as I know the minimum wage in TN is $7.25/hr.

Restaurants in TN and most places won’t retain many employees at the minimum wage. It was a yuge mistake to pay those workers about $30k to not work. They need to face reality and work hard in low paying jobs a while before moving up into better paying positions.

A $15-$20/minimum wage makes the problem worse. Some kids that have traditionally filled the entry level jobs are only worth the current minimum.
 
#44
#44
It’s like magic!!

Yeah, most places at least have the decency to show the "tax-free weekend" markup on the tags....

I think people will be disappointed/shocked to know how little they actually save during tax-free weekends/holidays once the markups are factored in...
 
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#45
#45
NC doesn’t mess around with frivolities like tax-free weekends. What I see instead is grocery stores suddenly putting individual items on what looks like a huge sale, and when I check the tag, the “regular” price is a dollar more than it has been, meaning another price jack coming.

If it’s a non-perishable, I load up, just to postpone the inevitable.
 
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#47
#47
Restaurants in TN and most places won’t retain many employees at the minimum wage. It was a yuge mistake to pay those workers about $30k to not work. They need to face reality and work hard in low paying jobs a while before moving up into better paying positions.

A $15-$20/minimum wage makes the problem worse. Some kids that have traditionally filled the entry level jobs are only worth the current minimum.
With the minimum wage still around $7.25, I routinely see fast food and entry level jobs advertising $10-14. This tells me these jobs can't be filled at the minimum wage.

Given that inflation HAS raised prices at fast food quite a bit and many of those entry level workers are extreme consumers of fast food, I'd suggest the wages are doing little but keeping up with the expenses of those low end workers.

When Taco Bell starts dropping prices or Walmart frozen pizza prices start to drop, we'll see the wage demand for employees in low skill positions be able to drop.

It's not like entry level workers are getting rich making $10-14, is it? I believe, given the cost of groceries and fast food increasing, they're about breaking even.
 
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#48
#48
Fast Food Restaurants are hiring the bottom of the barrel these days. often they just aren't trained. Most, but not all, don't give a dam.
Yea, the help at these places can be pretty bad. Recently I went through a McDonalds drive thru. I gave the woman $10.25 for a $5.25 order so she could give me an even $5 change. She forgot to put my quarter in the register so she gave it back to me, then she went to give me $4.50 because she said she'd already given me $0.25 in change. It took her, her supervisor and the store manager (using an iPhone calculator) to figure out they still owed me an additional $0.25.
 
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#49
#49
Nope.

View attachment 661889

This is a taco bell menu from 2005
Chicken quesadilla was 2.29. Today it's 5.39
5 Layer burrito was 1.59. today it's 4.19

2.29 is the equivalent of 3.68 today
1.59 is the equivalent of 2.56 today

And it's like that at nearly every fast food place, across the board. These prices are far outpacing inflation. It's greed.
How is it greed? Their job is to make as much profit as possible for their share holders. Period. The biggest owners of Taco Bell's parent company are institutional investors. Think Vanguard. They control the investments of most 401k's and union investment funds. Like teachers unions. Why are you against teachers retiring? If the company could sell more, at a lower price, to increase profits more then they would. Demand dictates this price. Stop being anti Americans retiring.
 
#50
#50
How is it greed? Their job is to make as much profit as possible for their share holders. Period. The biggest owners of Taco Bell's parent company are institutional investors. Think Vanguard. They control the investments of most 401k's and union investment funds. Like teachers unions. Why are you against teachers retiring? If the company could sell more, at a lower price, to increase profits more then they would. Demand dictates this price. Stop being anti Americans retiring.

Greedflation is a theory pushed by liberals to low intelligence voters who can only believe what they are being told to believe. It runs contrary to actual facts and market conditions. Here is a fact. Taco Bell's operating margins are lower now than 5 years ago....
 

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