Former McDonald’s CEO: Inflation is driving every US restaurant ‘absolutely crazy’
Former McDonald’s USA CEO Ed Rensi provides insight into product prices increasing in the restaurant business.
McDonald’s is one of the companies feeling the heat of inflation, forcing the franchise to raise their prices.
Former McDonald’s USA CEO Ed Rensi argued that inflation is driving every restaurant in the United States “absolutely crazy,” and that the price of products has gone up “substantially.”
“Portion sizes are shrinking. Prices are going up. It’s just insane what’s happening in the restaurant industry,” Rensi told “Cavuto: Coast to Coast” Friday.
INFLATION HITS MCDONALD’S ON FOOD COSTS, LABOR
“It’s also true of every other small business,” Rensi said. “They’re all suffering terribly from this federal inflation.”
Former McDonald’s USA CEO Ed Rensi provides insight into product prices increasing in the restaurant business.
McDonald’s says inflationary pressures will stick around in 2022 after profits and sales fell short of estimates.
In the U.S., the Golden
