Strong economies and tight labor markets put strains on fast-food companies. How can they remain profitable when wages are rising? The social media frenzy over the new chicken sandwich at Popeyes shows the success of one classic play: introduce an iconic new menu item, and charge more for it. At $3.99, the item is asking a bit more from customers than Chick-fil-A’s competing sandwich does — but apparently it’s not asking too much.
Popeyes Chicken Sandwich Is An Economic Indicator
Bloomberg, Bangor Daily News
Sun, 08/25/2019 - 5:27am
Sections: u.s.
Topics: Maine Penobscot County Bangor
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