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TheStreet.com
Rising Food Prices are Pushing People to These Popular Retailers
While the rising cost of of eating out is pushing many to forgo a restaurant dinner, one food establishment that is yet to feel the burn is the Golden Arches. Despite raising the price of items on its menu by an average of 6% earlier this year, McDonald’s is still seeing a steadily rising inflow of traffic. The latest recent report from Placer.ai found that, while overall restaurant visits fell 7.6% and 13.7% in August, McDonald’s traffic rose by a respective 4.7% and 3.1%.
