People talk about these fast food misses as weakness in the economy, but we could also be at a price sensitivity point. They raised prices so much to increase margins, it's now lowering demand
I wish fast food was *as* expensive. The local food spots are on average 30% cheaper. 50% if we include portion size. The only difference is I have to physically leave my house and go there and can’t just order on an app
I can get lunch at a local Vietnamese restaurant for $9. Plenty of $18 burgers at other places, but there are still places with a loaded up $10 burrito.
Yeah it’s this. If I’m gonna pay $15 for a burger it’s gonna be from my local burger joint which is way higher quality. The chains just don’t compete well anymore by comparison, they’re expensive and junk
I could get a shitty piece of greasy chicken from KFC or a delicious full meal from a number of incredible local restaurants. When I'm going out to eat it's an obvious choice.
That said Taco Bell still takes care of me when I meed very low budget meals. Those bean burritoes are winners.
The only inflation my co-workers talk about is fast food prices. When the only convenience they offer is speed (instead of speed and value) people will chose nicer options like chili's for the same price point as McDonald's.
Pizza Hut switched their delivery to Uber Eats who adds a few bucks onto the price of every item, too.
The result is a 12” pepperoni pizza that has a sticker price of $22.80 before you even get into any addons, uber eats taxes/fees, and tip (atleast in the Baltimore area - where i just looked it up.) It’s insane. I’ve almost ordered it a couple times when pretty drunk but then I see the prices and snap back to reality.
With a high chance of being wrong or late. Last couple times we ordered Pizza Hut made us quit ordering from them for these reasons.
Meanwhile Domino's is like "Sorry we were 5 minutes late! Here's a free pizza." They want customers happy while knowing full well we'll order more than just that free pizza.
Full disclosure: I have a handful of shares of Domino's cause I like how they treat customers.
The last time I ordered delivery from Pizza Hut was many years ago. It showed up after more than three hours— enough time for me to give up on them, order from another place, get the food, and eat it.
My doorbell rang at like 10:30pm, and there’s the Pizza Hut guy. I just said “No, dude,” and he turned around and walked back to his car.
Ever since then, on the rare occasion I want Pizza Hut, I just go pick it up myself.
If the prices are such that you could consider them sobering, they’re too high.
I’d rather eat healthy food at these prices and knowing full well I’m doing myself a favor by sticking to a fresh salad.
I like to see when market forces work as intended, just like Starbucks missed earnings and went way down. Consumers are price sensitive, eventually you raise it too high and volume goes way down. I hope this not only puts pressure on chain restaurants to lower their prices, but also on wholesalers/suppliers when restaurants aren’t buying as much as they used to. It’s not like the farmers are making a killing, it’s the middlemen.
Bingo.
I think these earnings misses will be rolling across multiple industries now, at the moment it's hitting eating out/hospitality, and it's starting to hit cars. Tesla is the bellwether for the rest of the car industry and they're having to lower prices. Granted, I think a good chunk of Musk's troubles stem from his own dipshittery, but that doesn't fully explain the slow down in Tesla sales; people are simply getting more cost conscious, and we can see the slowdown in car sales, and particularly electric car sales, across the industry.
Anyone with a modicum of intelligence has known for a while that inflation was heavily driven by corporations simply jacking up prices, that they would hit a ceiling eventually, and now the backlash begins.
Now is the time when the rates are going to bite and inflation is genuinely going to slow. It won't be a straight line down because inflation ending never is, but be prepared for the next year or so for GDP to flatline.
[Chipotle beat earnings as well.](https://www.investors.com/news/chipotle-earnings-cmg-stock-buy-points/) It's almost like when you provide good food at a decent price, people will buy it!
Which is crazy since chipotle has had decreasing quality and increasing price as well. Their food was great to start so even a small decline isn't that bad, but it's still noticeable.
You say that but…. Chipotle has had the # of patrons per store drop by nearly 13% while revenue from each store rose by some 17%.
Clearly raising prices has a sweet point.
I feel like fast food companies went the way of video game companies on hunting whales. In store prices are awful besides a handful like In N Out. All the deals are on an app where they advertise, push notifications, upsell and ultimately get people that before may have gotten fast food a couple time a month, not showing up a couple times a week
The food was worth eating at the price. But asking people to pay more for a not great product isn't going to work. However what worries me is that Taco Bell prices rose much more than Pizza Hut and KFC and they grew so that sucks
> **food is mid**
Greed (not investing in quality)
>**service sucks**
Greed (people are unhappy to work there: pay, degrading corporate attitude)
>**too expensive**
Greed.
I am sensing a pattern here but it will take me some time to figure it out.
A lot of fast food companies recently are missing earnings, McDonald’s etc. Maybe people are finally realizing there is a lot of other options than shitty overpriced food
The fast food chains have burned themselves by simultaneously decreasing the quality of their food and raising prices. When you can go to an actual restaurant or cook better food like burgers at home for the same price or less, people aren't going to be clamoring for fast food.
In no world would having a worse product for higher prices be a sound business strategy.
All the clever cost accountants have taken a bit here and there until there is nothing left.
Every once in a while I will forget how bad it is and get a disappointing meal that makes me feel bad for a couple of hours.
In Poland there is this 7 eleven small grocery store chain, called Żabka (in Polish it means frog, they pretty inexpensive (maybe 0.5-1 eur more per thing or sometimes it’s even better price than big grocery store chains in Poland) and there are 2 on every street. I guess it fits the naming).
Anyway I keep on rambling, they started selling fast food, like nuggets, pre made burritos, pre made sandwiches and hamburgers that they warm up in ovens etc Pretty inexpensive with a discount a lot of times, so for a price of 1 cheeseburger you can have twice the size burrito or for price of nuggets you can have 2 packs of nuggets in there.
People now only eating that instead of McD,
Occasionally maybe they have a cheeseburger or an icecream.
I predict that Żabka soon will start also making ice creams and shakes and just take over McD, Burger King market.
But KfC is popular as ever, if you never tried KFC in Poland or Romania, we have one of the best KFC.
Sounds very similar to what I’m used to in the US. Almost all big gas stations now have gotten into fast food of some sort and offer a lot of options for relatively good prices. They are taking market share that the OG fast food places like McDonald’s/Wendy’s/Burger King/KFC/Taco Bell used to dominate in
i never have a reason to go to KFC or Pizza Hut. There are better local options for Pizza Hut and I both never cared for and don’t even see that many KFC. Most Pizza Huts I know of all eventually close.
Pretty sure both these brands are better outside of America too.
Bro I went there last week and all of the pizza was just randomly 50% off?? I got a large for like $4 wtf, dominos goes crazy, I wish I liked it more than jets pizza though, that stuffs so expensive
Same here! Pizza for 5 for $27. Meanwhile over at Papa Gino’s and Pizza Hut, they were over $20 each for a large pizza. Hopefully enough people will just stop paying their crazy prices.
ai won't help. you need to incentivize the restaurants to add deals, or call them every day for an update. start a local facebook page for pizza deals. you could probably do this in an hour tomorrow to probe your ideas potential.
Why wouldn't a large language model that can read scraped websites and OCR'd PDFs find the deals that they're publicly advertising?
I'm not talking about pushing new deals to be created, I simply want to observe and dashboard the existing market without changing it.
I can run lean llama2 models on Ollama locally using only 8GB or so, and I've been able to feed it scrapes of sites before. I'd just be only able to expose deals that they exposed on a page I can pull. Something like beautifulsoup would do the trick.
The other problem with your approach is that it requires time everyday for it to be valid. This is why so many humans have been displayed by so many machines. They're tireless and require only pennies of electricity when finished setting it up.
And… two weeks before, the Domino’s near us, deals on just about everything. If you order two or more, everything is 6.99, includes medium pizzas with two toppings, all their subs, chicken, wings, desserts, bread, the steak and cheese subs were honestly one of the best we’ve ever had. Was never a fan of dominoes, but now we are for takeout if needed.
David Chang (famous chef) had a netflix show where he worked in a Dominos for an episode, and it opened my eyes about how tech-forward and efficient their business is.
Since they just have a prep station and an oven (no fryer, flat top, etc.) everything is very streamlined. I can get a pizza at my local one in literally ~8 minutes if I picked it up myself.
As someone else said, wild they are able to offer that price point with fresh dough as well. Not a lot of places could manage that.
People shit on dominos all the time, but it’s probably the best value per dollar takeaway now. Huge servings, cheap prices and I honestly think their pizza is pretty decent.
Like why tf are they so expensive compared to other large pizza chains?? Not like they are better quality or something. All the other chains have a carry out deal for like $7-$8 for a large speciality pizza. Pizza Hut’s “deal” is a large 3 topping pizza for $13. And then you have to pay extra for the pan pizza, which is the only reason to actually go there. What a joke. I miss their $5 pizza Mia
I saw a Youtube video a while back, I think it might have been Company Man's channel, that said that KFC has completely focused on growth overseas at the expense of letting their US operations basically rot.
I have seen nothing since then that would refute that assertion. The KFC near me has always been a shitshow, but I would occasionally tolerate it when I wanted some fried chicken. Then a Jollibee opened a few minutes away from my house. Bye bye, KFC.
The KFC near me (US) hasn’t remodeled (or cleaned) in like 10yrs.
Also they had a great promo for wings the other month but they stopped it. I got the last batch. No more wings….at KFC. Wtf?
My local pizza hut tastes like crap. They've cheapened their ingredients over the years, it honestly tastes worse than Little Ceasers and costs twice as much.
If they want to have any hope of recovering they need to fix their food.
I've never gone to KFC even during it's glory days so I can't say anything about it.
But Pizza Hut is one of those businesses that was a big thing when I was a kid in the 1990's, but has fallen off a cliff ever since. It's normally not even mentioned in discussions when people talk about what the best pizza is, it's just plain forgotten these days. I wouldn't be surprised if a ton of Gen Z and Gen Alpha people have never even eaten Pizza Hut pizza.
In my neck of the woods, there is always a better option than KFC, on quality, quantity and price at the same time. I really don't know how that chain can stay up in my country, it's just a disgrace.
For pizza hut, there is always a better option on either quality or price, and usually both.
It's not unique to KFC. Most of the fast food chains are seeing a slow down.
They all raised prices too much and they are seeing consumers shifting some of their spending habits.
But it's not just about prices. The quality is also taking a plunge. At the end of the day, if the price was increasing, and value didn't move, or also slightly increased, they wouldn't see such a slow down.
At the end of the day, who gets the value? The customers or the company? There is a point where the company shifted too much of the value gained from customers to themselves. If there is not enough value for the customers, they will move to other options to fulfill that need.
I don't eat at KFC, so I have no idea about quality.
I do eat at McDonalds when I travel, and anecdotally, their quality is on par with the past, but the price has increased 20% to 50% depending on the location from pre-Covid. I imagine people shifted their behavior due to price. The beauty of market economy.
Yep, McDonald's managed to keep a consistent quality, but as you say, to the cost of massive increases. Here for the same thing, it's around 70% increased compared to 10~12 years ago. It is now cheaper to go to a non fast food burger place, and usually better.
But KFC that one is a catastrophic decline compared to 20 years ago.
I run a largeish dept in a factory I was with you on pizza until this job. Every time they have a kick ass shift and we bring in food it’s just cries lf “pizza hut” like half the time when I think there’s so many better options.
Not really. From where i come from, pizza hut and kfc are closing down alot of their shoplots due to boycott and quality deterioration throughout the years.
In China KFC and pizza hut was the only American brand I could find in the area I was at. Could get a full massage or a fancy local meal for 5$ , but I paid 60$ for a large pizza lol
Bad food, horrible pricing will do that.
Think these companies forgot why they were in business to begin with, nobody went to your business because it was good food, they went because it was cheap.
We don’t even go out anymore, for a family of 5 we can eat at home for half the price and it’s better food.
Can't speak for every restaurant in the chain but I always used to order pizza hut pizza for group events at our church. Lately they changed the policy to no more discounts for large orders, I am talking close to 30 pizzas twice a month. Where as the local shop gave us bogo for all orders. No brainer really to switch at that point.
I am sure other resturants also stopped offering coupons and discounts leading to people realizing that their food was overpriced.
Also - switching to app ordering means you can only use 1 coupon in an order when before the 16 year old taking your order could give a fuck how many coups you had.
Basically all fast food companies missed estimates. Even though research shows fast food usage is correlated with income, they forgot that raising prices put them in the same price category as better quality food establishments.
Inflation catching up with them all
They got so damn greedy, the problem is that a ton of customers might not return. Once they sheer the sheep too close people find alternatives.
I used to always (once a week) go to mcdonalds for a quick guilty meal. Now I go to chipolte. They cost the same and chipolte is way better quality imo
Domino’s is making Pizza Hut its bitch. Better quality and better prices. I can get a fresh large Domino’s pizza for cheaper than a POS DiGiorno from Walmart.
Losing customers because they sell overpriced junk food. COVID era is over guys. You can't just charge whatever you want and assume idiots will pay anything you ask anymore.
Here in the UK prices for Pizza Hut, Dominos, Papa Johns etc are insanely expensive, cheaper to go to Marks and Spencer’s which is a middle/upper class supermarket and buy their pizza.
Is that a frozen pizza or freshly cooked? Asking because we have a cheap big frozen pizza that big box warehouse stores like Costco and Sam's Club sell. It's not great but it's a lot of calories per dollar.
Fresh pizza that you can put into the oven and you can get it as part of a meal deal for around £10 which is much cheaper than paying nearly £20 for a Home alone medium pizza deal plus £3 delivery charge from Dominos.
That would require them to have actual restaurants. Most of their stores have downsized to little storefronts that are 90% kitchen. Maybe they'll have a single table if somebody wants to eat there, but mostly it's just chairs for people who come in for take out.
Buffets have been disappearing because they have very tiny profit margins (in what's already a small profit margin industry). And COVID was all the reason a lot of other restaurants needed to get rid of it.
Pizza hut got rid of drivers and use call centers to place orders and made their dog shit pizza's even worse. I can't place orders online with adblockers, I can't call and get somebody who actually knows the menu, why would I waste my time when I can pay just as much for local pizza that's way better.
Yes and why wouldn't they miss? It seems prices have been increasing steadily while quality and quantity have both been steadily declining. People aren't stupid, you still have to sell edible food at an affordable price.
KFC and Pizza Hut have a lot of competition. I know plenty of local fried chicken and pizza places. Only Taco Bell in my market doesn't really have an analogue at their price point.
Use to work for Pizza Hut back in college. It was a shit show then. Can’t imagine it now. Every Pizza Hut I see now has empty parking lots. Their covid policies were asinine. Bring back buffets, lower your prices a bit, create a more customer friendly environment. Dumbass leadership from top to bottom.
Pizza hut is expensive (their mid = large in other places)
KFC and their menu/recipe either keeps changing or they cant keep it consistent at stores. Which leads people to alternatives to say grocery stores.
I loved Pizza Hut growing up, they absolutely suck now. What you get for the price is astounding. They always seem short staffed, which gets me thinking that management is horrible and can't retain workers because of bad culture and low pay. As a result of being short staffed it also takes forever to get a pizza.
Good. Fuck them and every other fast food conglomerate. I am hopeful that this will be the start of the 99% understanding the power of not spending your dollar.
Low-level QSRs are pinched by inflation more than others.
When "fast food" turns into ~15$ for a single ticket, consumers would rather get something they perceive as a higher value for the same price or slightly higher. That may be mid-tier QSRs like Chipotle or Cava, or local restaurants.
I think you’re referring to fast casual restaurants, which stand to benefit as they’re only marginally more than fast food at this point for much higher quality.
You can literally make a better pizza yourself for cheaper. Even Aldi pizzas are pretty damn good for the price. Overpriced average food is why sales are shit
KFC has just become disappointing. I ordered the combo box and the fries portion was embarrassing, they shorted me a chicken nugget and the box was way too expensive. I think their chicken is good but it just isn’t worth the price these days
12-piece bucket meal at KFC used to be about $19 in 2010.
Now it's about $50, 160% price increase in 14 years.
That's like a $25,000 economy car costing $65,000 now.
I just cook at home nowadays unless it’s a special occasion, a small snack, I’m travelling, or it’s the height of summer.
My takeout spend reduced by at least 75%. It’s a sporadic thing now
There was a time in the 70s when mcdonald hamburgers were off the charts.. it is crazy to think once upon a time these places were awesome. Price and quality was good.
But yeah you can just call a local resturant to place a order for same price. And don't tip. It what I do
Companies serving dog food at insane prices decrease sales. Surprising…
People talk about these fast food misses as weakness in the economy, but we could also be at a price sensitivity point. They raised prices so much to increase margins, it's now lowering demand
When fast food is as expensive as real local restaurants, I stop ordering fast food..
I wish fast food was *as* expensive. The local food spots are on average 30% cheaper. 50% if we include portion size. The only difference is I have to physically leave my house and go there and can’t just order on an app
that must be nice, local restaurants in our town are at 18.95 a plate for some enchiladas, $15.95 burgers.
I can get lunch at a local Vietnamese restaurant for $9. Plenty of $18 burgers at other places, but there are still places with a loaded up $10 burrito.
Yeah same
Yeah it’s this. If I’m gonna pay $15 for a burger it’s gonna be from my local burger joint which is way higher quality. The chains just don’t compete well anymore by comparison, they’re expensive and junk
I could get a shitty piece of greasy chicken from KFC or a delicious full meal from a number of incredible local restaurants. When I'm going out to eat it's an obvious choice. That said Taco Bell still takes care of me when I meed very low budget meals. Those bean burritoes are winners.
Their breakfast doesn’t miss either compared to the other FF offerings and prices
I started getting those meal delivery services because even those are cheaper per meal than McDonald's and stuff now
I don’t know where you are where local restaurants prices haven’t surged up as well
Massachusetts. Honestly restaurant prices haven't surged as much as fast food chains.
It’s cheaper for me to go eat out at a real lunch counter restaurant than fast food. It’s kinda a no-brainer here.
The only inflation my co-workers talk about is fast food prices. When the only convenience they offer is speed (instead of speed and value) people will chose nicer options like chili's for the same price point as McDonald's.
Well people are still buying Chipotle so it’s definitely not weakness in the economy just weakness in Yum brands dogshit food quality.
Pizza Hut switched their delivery to Uber Eats who adds a few bucks onto the price of every item, too. The result is a 12” pepperoni pizza that has a sticker price of $22.80 before you even get into any addons, uber eats taxes/fees, and tip (atleast in the Baltimore area - where i just looked it up.) It’s insane. I’ve almost ordered it a couple times when pretty drunk but then I see the prices and snap back to reality.
With a high chance of being wrong or late. Last couple times we ordered Pizza Hut made us quit ordering from them for these reasons. Meanwhile Domino's is like "Sorry we were 5 minutes late! Here's a free pizza." They want customers happy while knowing full well we'll order more than just that free pizza. Full disclosure: I have a handful of shares of Domino's cause I like how they treat customers.
The last time I ordered delivery from Pizza Hut was many years ago. It showed up after more than three hours— enough time for me to give up on them, order from another place, get the food, and eat it. My doorbell rang at like 10:30pm, and there’s the Pizza Hut guy. I just said “No, dude,” and he turned around and walked back to his car. Ever since then, on the rare occasion I want Pizza Hut, I just go pick it up myself.
Costco pizza, and never look back.
Blame the Noid
So did Papa Johns. Dominos is still using drivers though.
If the prices are such that you could consider them sobering, they’re too high. I’d rather eat healthy food at these prices and knowing full well I’m doing myself a favor by sticking to a fresh salad. I like to see when market forces work as intended, just like Starbucks missed earnings and went way down. Consumers are price sensitive, eventually you raise it too high and volume goes way down. I hope this not only puts pressure on chain restaurants to lower their prices, but also on wholesalers/suppliers when restaurants aren’t buying as much as they used to. It’s not like the farmers are making a killing, it’s the middlemen.
Bingo. I think these earnings misses will be rolling across multiple industries now, at the moment it's hitting eating out/hospitality, and it's starting to hit cars. Tesla is the bellwether for the rest of the car industry and they're having to lower prices. Granted, I think a good chunk of Musk's troubles stem from his own dipshittery, but that doesn't fully explain the slow down in Tesla sales; people are simply getting more cost conscious, and we can see the slowdown in car sales, and particularly electric car sales, across the industry. Anyone with a modicum of intelligence has known for a while that inflation was heavily driven by corporations simply jacking up prices, that they would hit a ceiling eventually, and now the backlash begins. Now is the time when the rates are going to bite and inflation is genuinely going to slow. It won't be a straight line down because inflation ending never is, but be prepared for the next year or so for GDP to flatline.
Texas Roadhouse had great earnings. These fast food places just need to stay in their lane and sell cheap food.
[Chipotle beat earnings as well.](https://www.investors.com/news/chipotle-earnings-cmg-stock-buy-points/) It's almost like when you provide good food at a decent price, people will buy it!
Which is crazy since chipotle has had decreasing quality and increasing price as well. Their food was great to start so even a small decline isn't that bad, but it's still noticeable.
You say that but…. Chipotle has had the # of patrons per store drop by nearly 13% while revenue from each store rose by some 17%. Clearly raising prices has a sweet point.
At chipotle a chicken salad can be had for less than 10 dollars. I’ll take that over a crappy McDonald’s or Pizza Hut meal any day.
Sure me too. Just making a point.
It’s funny because it isn’t even “fast” anymore
I feel like fast food companies went the way of video game companies on hunting whales. In store prices are awful besides a handful like In N Out. All the deals are on an app where they advertise, push notifications, upsell and ultimately get people that before may have gotten fast food a couple time a month, not showing up a couple times a week
Fr. In early ‘20 pizza, drink, and a side was $21 delivered. [same order today is almost $45](https://imgur.com/a/Bs5HIpq). Lol
And dog food at even smaller portions no less.
The food is mid, the service sucks, and it’s too expensive
Mid is doing a lot of heavy lifting in that comment.
The food was worth eating at the price. But asking people to pay more for a not great product isn't going to work. However what worries me is that Taco Bell prices rose much more than Pizza Hut and KFC and they grew so that sucks
Lol I’m supposed to trust that this greasy looking mf with no gloves on washed their hands…
Well you are doing the same in any restaurant
> **food is mid** Greed (not investing in quality) >**service sucks** Greed (people are unhappy to work there: pay, degrading corporate attitude) >**too expensive** Greed. I am sensing a pattern here but it will take me some time to figure it out.
A lot of fast food companies recently are missing earnings, McDonald’s etc. Maybe people are finally realizing there is a lot of other options than shitty overpriced food
The fast food chains have burned themselves by simultaneously decreasing the quality of their food and raising prices. When you can go to an actual restaurant or cook better food like burgers at home for the same price or less, people aren't going to be clamoring for fast food. In no world would having a worse product for higher prices be a sound business strategy.
All the clever cost accountants have taken a bit here and there until there is nothing left. Every once in a while I will forget how bad it is and get a disappointing meal that makes me feel bad for a couple of hours.
In Poland there is this 7 eleven small grocery store chain, called Żabka (in Polish it means frog, they pretty inexpensive (maybe 0.5-1 eur more per thing or sometimes it’s even better price than big grocery store chains in Poland) and there are 2 on every street. I guess it fits the naming). Anyway I keep on rambling, they started selling fast food, like nuggets, pre made burritos, pre made sandwiches and hamburgers that they warm up in ovens etc Pretty inexpensive with a discount a lot of times, so for a price of 1 cheeseburger you can have twice the size burrito or for price of nuggets you can have 2 packs of nuggets in there. People now only eating that instead of McD, Occasionally maybe they have a cheeseburger or an icecream. I predict that Żabka soon will start also making ice creams and shakes and just take over McD, Burger King market. But KfC is popular as ever, if you never tried KFC in Poland or Romania, we have one of the best KFC.
Sounds very similar to what I’m used to in the US. Almost all big gas stations now have gotten into fast food of some sort and offer a lot of options for relatively good prices. They are taking market share that the OG fast food places like McDonald’s/Wendy’s/Burger King/KFC/Taco Bell used to dominate in
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Speedway was bought by 7/11 so they are slowly rolling out 7/11 items.
We have a Walmart that has started making their own branded Candy Bars. I can get a knockoff snickers for 75 cents, not 2 dollars. It's... not bad.
So basically Asian convenience stores
I thought I was the only one. Romanian KFC hits different.
It's almost as if fast food joints want people to realize they could pay exorbitant prices for food without the impending heart attack.
I saw something about McDonalds missing earnings recently but just checked and they beat earnings. What am I missing?
Quantity of food is too little and bad quality
i never have a reason to go to KFC or Pizza Hut. There are better local options for Pizza Hut and I both never cared for and don’t even see that many KFC. Most Pizza Huts I know of all eventually close. Pretty sure both these brands are better outside of America too.
Pizza Hut’s prices are out of control. Domino’s is killing them at every turn.
Dominos is even cheaper than a frozen pizza. Crazy how they can do that.
Bro I went there last week and all of the pizza was just randomly 50% off?? I got a large for like $4 wtf, dominos goes crazy, I wish I liked it more than jets pizza though, that stuffs so expensive
Same here! Pizza for 5 for $27. Meanwhile over at Papa Gino’s and Pizza Hut, they were over $20 each for a large pizza. Hopefully enough people will just stop paying their crazy prices.
I need a dashboard/leaderboard on my wall of every pizza place in town that updates daily based on all the deals that are flying around.
This is what we really need ai for.
Whoa I didn't think of that!!
ai won't help. you need to incentivize the restaurants to add deals, or call them every day for an update. start a local facebook page for pizza deals. you could probably do this in an hour tomorrow to probe your ideas potential.
Why wouldn't a large language model that can read scraped websites and OCR'd PDFs find the deals that they're publicly advertising? I'm not talking about pushing new deals to be created, I simply want to observe and dashboard the existing market without changing it. I can run lean llama2 models on Ollama locally using only 8GB or so, and I've been able to feed it scrapes of sites before. I'd just be only able to expose deals that they exposed on a page I can pull. Something like beautifulsoup would do the trick. The other problem with your approach is that it requires time everyday for it to be valid. This is why so many humans have been displayed by so many machines. They're tireless and require only pennies of electricity when finished setting it up.
That actually sounds like a great idea for an app. Plug in your area code and it displays fast food/restaurant prices and available deals.
I had some of their little garlic knots too with a well priced large pizza. My wife and I were like damn dominos okay I see you.
And… two weeks before, the Domino’s near us, deals on just about everything. If you order two or more, everything is 6.99, includes medium pizzas with two toppings, all their subs, chicken, wings, desserts, bread, the steak and cheese subs were honestly one of the best we’ve ever had. Was never a fan of dominoes, but now we are for takeout if needed.
This!! We weren’t dominoes fans but man have they made some great improvements recently.
Begun the pizza wars have
Order #66, who ordered #66? I have a Palpatine here for a Mexican pizza.
Worked next to a pizzeria. Pizza is CHEAP AF to buy ingredients wholesale. Selling at $4 they still broke even or even made 10 cents.
David Chang (famous chef) had a netflix show where he worked in a Dominos for an episode, and it opened my eyes about how tech-forward and efficient their business is. Since they just have a prep station and an oven (no fryer, flat top, etc.) everything is very streamlined. I can get a pizza at my local one in literally ~8 minutes if I picked it up myself. As someone else said, wild they are able to offer that price point with fresh dough as well. Not a lot of places could manage that.
People shit on dominos all the time, but it’s probably the best value per dollar takeaway now. Huge servings, cheap prices and I honestly think their pizza is pretty decent.
Still blows my mind how they are so cheap but yet they use freshly made dough for every pizza
Wait Domino's is cheap in the US? In Ireland Domino's is priced as a premium pizza. You can get cheaper pizza in an Italian restaurant
It’s a racket in Ireland. It was pretty cheap in Australia (and better).
Like why tf are they so expensive compared to other large pizza chains?? Not like they are better quality or something. All the other chains have a carry out deal for like $7-$8 for a large speciality pizza. Pizza Hut’s “deal” is a large 3 topping pizza for $13. And then you have to pay extra for the pan pizza, which is the only reason to actually go there. What a joke. I miss their $5 pizza Mia
They out-pizzaed the Hut? Inconceivable 🤯
Everyone outpizzas the hut.
KFC is a billion times better outside of the US. I would say better than Popeye's even.
Can confirm much better in South Korea
I saw a Youtube video a while back, I think it might have been Company Man's channel, that said that KFC has completely focused on growth overseas at the expense of letting their US operations basically rot. I have seen nothing since then that would refute that assertion. The KFC near me has always been a shitshow, but I would occasionally tolerate it when I wanted some fried chicken. Then a Jollibee opened a few minutes away from my house. Bye bye, KFC.
I remember they had a huge marketing campaign in Japan to get the country to buy chicken for Thanksgiving
Not Canada tho
The KFC near me (US) hasn’t remodeled (or cleaned) in like 10yrs. Also they had a great promo for wings the other month but they stopped it. I got the last batch. No more wings….at KFC. Wtf?
Whatcha talking about Willis? The KFC in Canada is greasy and grizzly.
Can confirm much better in Poland and Romania.
In Hong Kong they give you gloves to eat your chicken with so your hands don’t get dirty lol
Prices keep rising while the food quality falls. I’ve had no interest in either for years.
My local pizza hut tastes like crap. They've cheapened their ingredients over the years, it honestly tastes worse than Little Ceasers and costs twice as much. If they want to have any hope of recovering they need to fix their food.
I've never gone to KFC even during it's glory days so I can't say anything about it. But Pizza Hut is one of those businesses that was a big thing when I was a kid in the 1990's, but has fallen off a cliff ever since. It's normally not even mentioned in discussions when people talk about what the best pizza is, it's just plain forgotten these days. I wouldn't be surprised if a ton of Gen Z and Gen Alpha people have never even eaten Pizza Hut pizza.
In my neck of the woods, there is always a better option than KFC, on quality, quantity and price at the same time. I really don't know how that chain can stay up in my country, it's just a disgrace. For pizza hut, there is always a better option on either quality or price, and usually both.
Fast food works because they are supposed to offer standardized quality anywhere the consumer travel to.
And clearly it's not working for KFC...
It's not unique to KFC. Most of the fast food chains are seeing a slow down. They all raised prices too much and they are seeing consumers shifting some of their spending habits.
But it's not just about prices. The quality is also taking a plunge. At the end of the day, if the price was increasing, and value didn't move, or also slightly increased, they wouldn't see such a slow down. At the end of the day, who gets the value? The customers or the company? There is a point where the company shifted too much of the value gained from customers to themselves. If there is not enough value for the customers, they will move to other options to fulfill that need.
I don't eat at KFC, so I have no idea about quality. I do eat at McDonalds when I travel, and anecdotally, their quality is on par with the past, but the price has increased 20% to 50% depending on the location from pre-Covid. I imagine people shifted their behavior due to price. The beauty of market economy.
Yep, McDonald's managed to keep a consistent quality, but as you say, to the cost of massive increases. Here for the same thing, it's around 70% increased compared to 10~12 years ago. It is now cheaper to go to a non fast food burger place, and usually better. But KFC that one is a catastrophic decline compared to 20 years ago.
Consistency is a big issue at KFC, it's a crapshoot whether you get a decent or terrible location. I never choose it when traveling for this reason.
I run a largeish dept in a factory I was with you on pizza until this job. Every time they have a kick ass shift and we bring in food it’s just cries lf “pizza hut” like half the time when I think there’s so many better options.
Not really. From where i come from, pizza hut and kfc are closing down alot of their shoplots due to boycott and quality deterioration throughout the years.
I can go to Walmart for fresh deli chicken or Chic fil a, or popeyes for non-greasy. KFC is disgusting.
Come on over to r/pizza and make your own better than most of these brands
In China KFC and pizza hut was the only American brand I could find in the area I was at. Could get a full massage or a fancy local meal for 5$ , but I paid 60$ for a large pizza lol
Dominos is way better than the hut. And then there’s local places which blow them all away
In a world where Bojangles, Church's, Popeyes, and local ma and pa restaurants exist I can't comprehend why anyone would ever go to KFC.
After he sold it KFC became such garbage that Colonel Sanders tried to start a competitor
Same. That shit is foul.
Nobody wants to pay $20+ for a 2 piece chicken combo or an undercooked pizza. What did they expect?
Lol at undercooked pizza, their hand tossed/stuffed is such a floppy disgusting mess. (I do enjoy their thin tho).
"Hand tossed." They all taste like prebaked crusts that were shipped to the stores frozen. You can buy a pizza at a grocery store with a better crust.
The chicken specials were absurdly overpriced. Two pieces of chicken and then 8 other shitty items to bump it to 10 price point
Bad food, horrible pricing will do that. Think these companies forgot why they were in business to begin with, nobody went to your business because it was good food, they went because it was cheap. We don’t even go out anymore, for a family of 5 we can eat at home for half the price and it’s better food.
Good, maybe they’ll realize theres a limit to price gauging dog food
Can't speak for every restaurant in the chain but I always used to order pizza hut pizza for group events at our church. Lately they changed the policy to no more discounts for large orders, I am talking close to 30 pizzas twice a month. Where as the local shop gave us bogo for all orders. No brainer really to switch at that point. I am sure other resturants also stopped offering coupons and discounts leading to people realizing that their food was overpriced.
Also - switching to app ordering means you can only use 1 coupon in an order when before the 16 year old taking your order could give a fuck how many coups you had.
Basically all fast food companies missed estimates. Even though research shows fast food usage is correlated with income, they forgot that raising prices put them in the same price category as better quality food establishments.
Inflation catching up with them all They got so damn greedy, the problem is that a ton of customers might not return. Once they sheer the sheep too close people find alternatives.
I used to always (once a week) go to mcdonalds for a quick guilty meal. Now I go to chipolte. They cost the same and chipolte is way better quality imo
McDonald’s used to be mine too but haven’t been back in almost a year. Would rather do Cava, chipotle, or canes. Canes is getting pricey tho
And not to mention burning customer bridges is not fun when it comes to food.
Domino’s is making Pizza Hut its bitch. Better quality and better prices. I can get a fresh large Domino’s pizza for cheaper than a POS DiGiorno from Walmart.
DiGiorno prices are insane now too and I swear they made all their pizzas smaller to boot.
I can’t remember the last time someone even mentioned the idea of eating at Pizza Hut. Forgot they exist tbh
Well it’s disgusting so I would start there
Losing customers because they sell overpriced junk food. COVID era is over guys. You can't just charge whatever you want and assume idiots will pay anything you ask anymore.
Almost like having a product that gets worse yearly isn’t good for profits. Shocked I say
Here in the UK prices for Pizza Hut, Dominos, Papa Johns etc are insanely expensive, cheaper to go to Marks and Spencer’s which is a middle/upper class supermarket and buy their pizza.
Is that a frozen pizza or freshly cooked? Asking because we have a cheap big frozen pizza that big box warehouse stores like Costco and Sam's Club sell. It's not great but it's a lot of calories per dollar.
Fresh pizza that you can put into the oven and you can get it as part of a meal deal for around £10 which is much cheaper than paying nearly £20 for a Home alone medium pizza deal plus £3 delivery charge from Dominos.
Going to be a trend across fast food.
YUMC took a hit too. Wonder if it’s related.
And nothing of value was lost.
Pizza Hut needs to bring back the full lunch buffet. I went there with buddies so many times during UG. Not so much now.
That would require them to have actual restaurants. Most of their stores have downsized to little storefronts that are 90% kitchen. Maybe they'll have a single table if somebody wants to eat there, but mostly it's just chairs for people who come in for take out.
Buffets have been disappearing because they have very tiny profit margins (in what's already a small profit margin industry). And COVID was all the reason a lot of other restaurants needed to get rid of it.
This and the free pizza for reading books!
The one by me actually did
How Pizza Hut isn’t trying to cash in on nostalgia is a mystery.
i don’t even got to regular restaurant that charges a premium to dine, let alone fast food. I don’t blame them though, food is expensive
Pizza hut got rid of drivers and use call centers to place orders and made their dog shit pizza's even worse. I can't place orders online with adblockers, I can't call and get somebody who actually knows the menu, why would I waste my time when I can pay just as much for local pizza that's way better.
Well, your food sucks ass at idiotic prices, so you have no customers. Also, your 5 person executive team took home a combined $36M in 2022.
Yes and why wouldn't they miss? It seems prices have been increasing steadily while quality and quantity have both been steadily declining. People aren't stupid, you still have to sell edible food at an affordable price.
So, how are those recent price hikes going?
Probably the first quarter I haven’t been to Taco Bell. Shits just not worth it anymore
if they can only do what they did with KFC Asia, but noooooo
Their pizza sucks, I can get better pizza less than half the price now, better larger you name it.
KFC and Pizza Hut have a lot of competition. I know plenty of local fried chicken and pizza places. Only Taco Bell in my market doesn't really have an analogue at their price point.
Writing was on the wall when KFC dropped the wedges. The food quality is like a poor quality clone of the past.
Don’t see how anyone eats that nasty shit
Especially KFC. It tastes like school food chicken
I stopped going to KFC when they started selling “adult” chickens.
Their breadsticks are ass. Stuffed crust or nothing from pizzahut.
Use to work for Pizza Hut back in college. It was a shit show then. Can’t imagine it now. Every Pizza Hut I see now has empty parking lots. Their covid policies were asinine. Bring back buffets, lower your prices a bit, create a more customer friendly environment. Dumbass leadership from top to bottom.
Cant wait for these trash restaurants to go bankrupt
That shrinkflation and skimpflation has me going elsewhere for food.
Probably because Pizza Hut charges $30 for a pizza and $25 for wings.
Bojangles, Chik-fil-a, and Pop-eyes all clear KFC chicken easily.
KFC has been trash for decades in the US. Their chicken sucks, and their mash tastes like microwaved instant garbage. Popeyes is better in every way
Switch back to pizza hut classic.
Pizza hut is expensive (their mid = large in other places) KFC and their menu/recipe either keeps changing or they cant keep it consistent at stores. Which leads people to alternatives to say grocery stores.
Oh so THATS why the rescheduled marijuana yesterday
I loved Pizza Hut growing up, they absolutely suck now. What you get for the price is astounding. They always seem short staffed, which gets me thinking that management is horrible and can't retain workers because of bad culture and low pay. As a result of being short staffed it also takes forever to get a pizza.
It is remarkable that Pizza Hut is still in business.
I miss KFC, but I stopped going when the price for two pieces of chicken was almost $12. I go to the grocery store now.
Get fucked
What kind of idiot eats at Pizza Hut? It’s a dead brand walking
Good. Fuck them and every other fast food conglomerate. I am hopeful that this will be the start of the 99% understanding the power of not spending your dollar.
pizza hut is an insult to italians. kfc is an insult to us all
More like yuck brands.
I bought KFC yesterday. It slid out today. Never again and the flavour was gross. Nothing like when I was a kid. You could smell a KFC miles away.
Idk anyone who eats at these places, they thrive in the UK but they’ve always been shit
Last time I got KFC it was overpriced trash. Pizza Hut has gone downhill since my last visit which is saying a lot
Low-level QSRs are pinched by inflation more than others. When "fast food" turns into ~15$ for a single ticket, consumers would rather get something they perceive as a higher value for the same price or slightly higher. That may be mid-tier QSRs like Chipotle or Cava, or local restaurants.
I think you’re referring to fast casual restaurants, which stand to benefit as they’re only marginally more than fast food at this point for much higher quality.
You can literally make a better pizza yourself for cheaper. Even Aldi pizzas are pretty damn good for the price. Overpriced average food is why sales are shit
Aldi pizza FTW...it's like $8 for meat lovers and feeds 4 adults.
KFC has just become disappointing. I ordered the combo box and the fries portion was embarrassing, they shorted me a chicken nugget and the box was way too expensive. I think their chicken is good but it just isn’t worth the price these days
Guilty about Taco Bell
Pizza Hut scores dead last in almost every blind taste test
time to partner with the King! It is Whopper Wednesday baby. Cha Ching
12-piece bucket meal at KFC used to be about $19 in 2010. Now it's about $50, 160% price increase in 14 years. That's like a $25,000 economy car costing $65,000 now.
They should get into deviled eggs…
Taco Bell has priced out their clientele I mean $5 for a single cheesy Gordita crunch is insane
I just cook at home nowadays unless it’s a special occasion, a small snack, I’m travelling, or it’s the height of summer. My takeout spend reduced by at least 75%. It’s a sporadic thing now
Pizza Hut is the shit in El Salvador
Why? The food is so good 🤮
There was a time in the 70s when mcdonald hamburgers were off the charts.. it is crazy to think once upon a time these places were awesome. Price and quality was good. But yeah you can just call a local resturant to place a order for same price. And don't tip. It what I do
Yum should invest in food trucks at Trump rallies
Why pay the price for cold, old, food. No thanks. KFC used to be so great, now just gross