this post was submitted on 19 Aug 2024
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[–] WHYAREWEALLCAPS@fedia.io 363 points 2 months ago (12 children)

Saw an article recently, can't remember where, that basically said that the sole reason fast food was doing so poorly was pricing. That McDonald's was charging Texas Roadhouse prices, so people were choosing to skip McDonald's and go to Texas Roadhouse.

[–] The_Picard_Maneuver@lemmy.world 215 points 2 months ago (1 children)

I believe it. The whole appeal of fast food is that it's fast and cheap.

[–] abfarid@startrek.website 57 points 2 months ago (2 children)

As a european, fast food is just like a category of food, and more of an occasional treat for me. Normally, I just eat my own homemade food, which is even cheaper. So I guess I see it a little differently, and fast food is allowed to be not cheap if it's "good".

Hell yeah, gimme that cancer patty and those artery clogging fries, baby! But make the obesity water size "for kids".

[–] samus12345@lemmy.world 53 points 2 months ago (4 children)

"Fast and cheap" as in cheaper than buying precooked food somewhere else. Of course stuff you make at home will be cheaper.

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[–] nondescripthandle@lemmy.dbzer0.com 66 points 2 months ago* (last edited 2 months ago) (5 children)

Unless you get the promoted deals it's starting to be like that everywhere. Near me if im getting two burgers and two fries, I spend less at five guys than I do at burger king. Why would I ever go to BK?

[–] linearchaos@lemmy.world 47 points 2 months ago (13 children)

Even FG is unreasonable.

My wife and 6YO kid went to FG last week and spent $27 on a meal for two and they split the fries.

A few ounces of meat, 50 cents of soda, a couple potatoes and an arguably 2 nice quality rolls. That meal cost them $5. Even with inflated labor it should be more like $15.

[–] Mr_Blott@feddit.uk 63 points 2 months ago

Fucksake man, will you PLEASE think of the shareholders

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[–] VolumetricShitCompressor@lemmy.dbzer0.com 46 points 2 months ago* (last edited 2 months ago)

That happens when you just think of a bigger number and forget the customer somewhere down the line.

Also publicly traded companies and shareholder value. Everything could be much cheaper if not for shareholders draining every penny from companies. Edit: and CEOs/ managers of course.

[–] Asafum@feddit.nl 45 points 2 months ago (2 children)

This is exactly what subway is doing.

"A regular deli charges $16 for a sub/hero/grinder/hoagie/pickafuckingnameforalongsandwitch so we're charging $14! It's less they'll still come the econ 101 book says they will! I'll take my multimillion dollar bonus now tyvm."

[–] RememberTheApollo_@lemmy.world 50 points 2 months ago

Yeah, but a regular deli makes a decent fucking sandwich and isn’t using the cheapest institutional ingredients imaginable.

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[–] yamanii@lemmy.world 38 points 2 months ago (1 children)

found this, they all outpace the inflation rate so it's just greed as always.

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[–] aniki@discuss.tchncs.de 32 points 2 months ago (1 children)

I very rarely eat out but if I am going to end up blowing on 30 on two meals I may as well blow 45 on a local spot with a seat and a hefty tip to the waiter.

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[–] originalucifer@moist.catsweat.com 169 points 2 months ago (1 children)

they brought the quality down to match the 5$... did they bring it back up to be worth 14?! i kinda doubt it

[–] PP_BOY_@lemmy.world 79 points 2 months ago (7 children)

Not only that, they lowered the quality at the same time. I remember when a subway sandwich was still kinda gross, but at least it was filling and you could have a decently healthy calorie dollar if you ordered right. Now, half the weight of your sandwich is in that super sweetened bread and the meat portions are tiny

[–] Viking_Hippie@lemmy.world 55 points 2 months ago (17 children)

super sweetened bread

Fun fact: it's so sweetened that the Supreme Court of Ireland (SCOI is a fun acronym) reclassified it as cake.

Also, Subway chicken is only 50% chicken.

To find out what the other 50% is, listen to the latest episode of my podcast Subway Exposure!

Just kidding, I don't have a podcast. It's soybeans.

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[–] Suavevillain@lemmy.world 104 points 2 months ago (7 children)

Fast food is losing the plot. If it isn't cheap, then there is really no point.

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[–] circuitfarmer@lemmy.sdf.org 104 points 2 months ago (4 children)

The best local sandwich shop in my town sells really good ones for $8-11. If Subway were still $5 they might be competitive. At $14 it sounds like the company no longer understands its product.

[–] scops@reddthat.com 59 points 2 months ago (4 children)

The best sandwich shop in my town is the deli at the grocery store. They are less concerned about skimping on ingredients because it's more important to entice you in and get you spending money in the aisles.

For $8 or $9 they will stuff a footlong sub so full they can barely fold it over. And it's generally fresher ingredients than you'd find in a Subway

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[–] Pyr_Pressure@lemmy.ca 93 points 2 months ago (1 children)

Why is it that fast food thinks it can charge for sit-down restaurant prices nowadays?

[–] intensely_human@lemm.ee 47 points 2 months ago (13 children)

Greed is, by definition, when self interest becomes irrational.

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[–] Cornelius_Wangenheim@lemmy.world 85 points 2 months ago (15 children)

Quit buying from giant corporations.

I can go to my local family owned Banh Mi joint and get a sandwich made with real meat and fresh bread for $6. For $12, I could add a boba tea and a side of fried dumplings.

[–] Default_Defect@midwest.social 63 points 2 months ago (1 children)

Cool, I don't have one of those. I have subway, mcdonalds, burger king, and a bunch of local restaurants that charge just as much for food because they can.

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[–] WarlockLawyer@lemmy.world 54 points 2 months ago (2 children)

A lot of smaller places only have like two options for going out to eat and one is a subway attached to a gas station

[–] Leg@sh.itjust.works 39 points 2 months ago (6 children)

Food deserts are real, and they show you real fast how exploitable you can be.

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[–] Technoguyfication@sh.itjust.works 63 points 2 months ago (2 children)

That and they fucked up the menu so they’re pushing premade sandwiches over the “build your own” model they’ve had for years. I used to go to subway because I knew exactly what I wanted and asked for it, now their menu is unrecognizable.

[–] KillingAndKindess@lemmy.blahaj.zone 27 points 2 months ago (3 children)

Which is hilarious, because its not as if they pay enough people to be on shift at the same time so that they could make their menu items efficiently. The last 2 dozen times I've had to pick up someone's order from one of 5 or so local Subway's, they have had 1 single person running the entire joint. I've made it a point to ask every time I go:

  • -how many people are supposed to be working today?

1, and about half of them opened alone, and all were closing alone! (Even young women!!!!!)

  • -Is it always this busy? (Every time its a 12-30min wait for them to even begin the order)

Always gets met with some form of "Yes, or even busier, with the occasional half hour where nobody comes in"

  • -Are you the manager?

Nope.

Its at that point I tell them to take all the time they need. And that they are dramatically underpaid and should riot.....

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[–] gearheart@lemm.ee 63 points 2 months ago* (last edited 2 months ago) (5 children)

I went to a BBQ joint here in Texas a week ago. Got 3/4 lb of brisket and some potato salad for the missus and me.

To my surprise... It costed the same thing as 2 menu items at McDonald's. Like seriously?....

What's the point of going to subway and McDonald's if I can just get some BBQ at a restaurant.

(Didn't name the restaurant since I'm concerned this will make them realize they can charge more)

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[–] Kolanaki@yiffit.net 61 points 2 months ago (8 children)

IMO, no sandwich on Earth is worth $14. Especially not one from SooubWay.

[–] agamemnonymous@sh.itjust.works 65 points 2 months ago (3 children)

I disagree, there's a sub place near me with a 16" sandwich with like 5 meats, 3 cheeses, and lots of toppings that costs about $14. The heft is noticable, even when I'm hungry I can only eat about half.

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[–] setsneedtofeed@lemmy.world 53 points 2 months ago (8 children)

THEY WHAT?

I don't even eat at Subway, but nearly tripling the price in one go? My gawd.

[–] WolfLink@sh.itjust.works 29 points 2 months ago

It hasn’t actually been $5 in a long time. It was like $7 last time I went (a few years ago).

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[–] Ticklemytip@lemmy.world 50 points 2 months ago (3 children)

I tried to actually go to one about 2 weeks ago. 5 workers, and they said - "oh he'll help you" and pointed to another worker. While the 4 of them stood next to the till gossiping about home life, and the poor dude just kept making Sandwichs for the online orders coming in. Only said hi to me once, after the 5th sandwich, I just told them I'm out of time and I'll go. They thanked me for coming in. They're just awful top to bottom. Bad corporate culture

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[–] todd_bonzalez@lemm.ee 49 points 2 months ago (2 children)

The "$5 footlong" campaign was a terrible idea, because it just makes consumers aware of how overpriced fast food is today.

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[–] fsxylo@sh.itjust.works 49 points 2 months ago

They thought they could charge the same money as real sandwich places. Lol.

[–] BigBenis@lemmy.world 48 points 2 months ago (13 children)

Do these companies not realize their whole business model is cheap food for broke people? I lived off of $5 footlongs when I was a student. There's no way I could have afforded that with the prices they're charging now. And now that I do have disposable income and could afford their food I wouldn't go there anyway because there are way better options for the same price.

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[–] xantoxis@lemmy.world 48 points 2 months ago (2 children)

I'm not gonna look it up, but who recently bought Subway and is now cashing in on tanking it so they can sell the corpse?

[–] Thebeardedsinglemalt@lemmy.world 45 points 2 months ago (4 children)

If you ever watch CompanyMan on youtube, it's like 90% of all "The Fall of [Company]" involves either going public and then rapidly expanding, or "acquired by private equity firm then died in 5 years"

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[–] Morcyphr@lemmy.one 47 points 2 months ago (5 children)

I quit going to Subway when they changed their whole menu. I went and asked for a spicy italian, blank stare from the employee, "uh, that's not on the menu". I said "Okay" and left. The menu wasn't structured to "make your own" thing not on the menu. Subway was never spectacular food but serviceable, quick, and fairly inexpensive. Not the case anymore, and the weird shit they've advertised lately looks awful. FFS, ad are supposed to make things look better than they are, so if these ads look better than the real thing, it must be dreadful irl.

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[–] NutWrench@lemmy.world 43 points 2 months ago

"Why are our sales plummeting?"

Because you didn't spend any part of that price hike on improving the quality of your food.

[–] bluestribute@lemmy.world 37 points 2 months ago (7 children)

Why are fast food places charging premium prices for slowed down food with cheaper ingredients? If I'm gonna spend over $10 or over 10 minutes at a place you bet your ass it isn't gonna be a fast food joint. It's gonna be a place with real ingredients and an atmosphere that isn't overflowing toilets.

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[–] scrubbles@poptalk.scrubbles.tech 36 points 2 months ago

For those who haven't seen it, John Oliver has a good bit on subway. https://youtu.be/jDdYFhzVCDM?si=AMkHeXR5yIpZCu3l

[–] Furbag@lemmy.world 32 points 2 months ago (9 children)

When your local chain restaurant/fast food joint starts going off-menu to entice people to come in, you know a business is struggling. Seeing Churros on the menu in a Mexican establishment is perfectly normal. Seeing Churros on the Subway menu is a bit alarming.

I think it's pretty clear the Subway execs (or the executives of their parent/holding company) foresee a recession and are doing as much profit-taking as possible while there's still time before the big crash hits and everybody tightens up their budgets.

[–] captainlezbian@lemmy.world 29 points 2 months ago (8 children)

Nah I think it’s far more that they’ve developed a reputation as cheap, everywhere, and mediocre then they raised the prices massively. I don’t know anyone who thinks “you know what I’m craving? Subway”. They used to have other niches but sub shops are common and I can get a better vegetarian option elsewhere and for cheaper.

I don’t think they can pull out of this tailspin unless they slash prices to the bone

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[–] Anticorp@lemmy.world 32 points 2 months ago (14 children)

There is zero reason to go to Subway sandwiches over Jersey Mike's now that the prices are the same. Subway made sense when it was cheap. A decent sandwich, at a decent price, in a decent amount of time. Now it's an overpriced bad sandwich. Bye!

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[–] Etterra@lemmy.world 30 points 2 months ago (11 children)

If I want to spend that much on a sandwich I'll go to Jersey Mike's.

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[–] yamanii@lemmy.world 29 points 2 months ago (2 children)

Good to know this is a global thing, Subway's Brazil operation has been on decline since they used the pandemic to raise their prices to absurd levels, all the ones near me closed down that weren't inside a shopping mall. Never ordered there again after they started charging premium burguer prices for their shit.

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[–] roofTophopper@lemmy.world 27 points 2 months ago (4 children)

They changed out their bread too, didn't they? Not in a good way like you'd expect because of the price change, but like, dough mixed with cardboard.

[–] aesthelete@lemmy.world 43 points 2 months ago (2 children)

I think their bread always sucked personally. Like they bake their own bread and it always smells like ass in their restaurants. How is that even possible? Freshly baked bread usually smells good.

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