The California restaurant owner Scott Rodric discuss the impact of inflation, labor costs and other challenges for the fast food industry on ‘Maria Bartiromo Wall Street’.
KFC is the latest in the increasing number of its rivals Quick-service restaurant area Those who are increasing heat with aggressive promotions and new menu items to increase traffic.
The series posted on X on Tuesday that its original honey barbecue sauce has returned to places across the country, when its craze increased in consumers after it was introduced for the first time in the 1990s.
“The sauce became a passion – inspirational petitions, thousands of mentions on social channels, and even dishes copied with desperate fans. Now, a kind of sauce is back and is much larger than ever – first, for the first time, fans can get fans for the first time His favorite items were immersed in sauce, “the company said while announcing its comeback.
McDonald’s has brought back food with additional value to woo the conscious customers of the budget.
The company is also temporarily lowering the price of menu favorite including KFC Chicken Sandwich, which will cost $ 3.99.
The company is temporarily lowering the price of menu favorite including KFC Chicken Sandwich. (KFC)
In response to a strong demand, the company also brought back its potato veg and top rated hot and spicy wings in the menu across the country last month.
KFC chicken meals along the edges in a basket. (Kentaki Fried Chicken/Fox News)
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KFC American President Catherine Tan-Gyspi said, “This is not just an indifferent sign. This is an example of how we are turning the response into action when planning our Kentuki Fried comeback, which is an adventure, brand-wide rally, which gives people more reasons to love with us again.”
Rising prices of menu Traffic in fast-food restaurants has decreased as economic concerns motivate their main customers to curb the discretionary expenses.
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McDonald’s announced last month that it was doubling its value proposal to rejuvenate traffic. The Golden Archares brought back its extra value food, offering breakfast, lunch and eight meals bundles for dinner, saving customers 15% more than buying a separate items.
KFC also brought back its potato veses and top rated hot and spicy wings in the menu across the country last month. (Michael Nagal/Bloomberg/Getty Images)
McDonald’s much awaited step began a change in the entire industry, as rivals started offering competitive deals for the budget conscious consumers.
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With a recent inclination of McDonald’s on the price, “Biggest restaurant Mark Vasillafsky, head of restaurants and franchise finance at TD Bank, had earlier told Fox Business, “To maintain the existing customers and attract new customers, they are working very hard with their back-office finance teams to get a complete, satisfactory and solid offer on competitive prices as well as their back-office finance teams.”
For example, soon after the announcement of McDonald’s that he is bringing back additional value food for the first time since 2019, the IHOP announced that it was introducing everyday value menu as part of its main offerings. The American fast -food chain Jack in the Box also announced that it would introduce large cup sizes – an increase of about 25% in ounces – while the drive -three menu boards will also have prices.
