The fast-food industry is facing a MAJOR reckoning. Mediocre chains (BK, Arbys, Sonic, KFC etc) will likely close thousands of locations in 3-5 yrs
Fast food lost its "cheap and convenient" appeal. $14 for a quarter pounder meal? Lower class is priced out. Middle+ class will pay an extra $4 to get a sit-down meal at a more upscale place. McDonalds isn't the best …