this post was submitted on 30 Apr 2025
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"There's a sign the restaurant recession is already here" (qz.com)
submitted 3 weeks ago* (last edited 3 weeks ago) by [email protected] to c/[email protected]
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"In its earnings report released Tuesday, Sysco slashed its 2025 sales growth forecast by nearly 30%, lowering guidance from 5-7% to just 3.5-5%."

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[–] [email protected] 8 points 3 weeks ago (1 children)

An hour of minimum wage used to buy a decent meal. Going out to eat was just part of hanging out and now it's a financial decision

[–] [email protected] 3 points 3 weeks ago

Even in states with a higher minimum wage, you can't buy a single fast food combo meal on an hour of labor. :( That's sad.

When I was in college, I pretty much lived on $0.99 Whoppers from Burger King. Last time I looked, just a Whopper was $9. 😳