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Kaylee Wells

πŸ‘€ Speaker
373 total appearances
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Appearances Over Time

Podcast Appearances

Marketplace
Fast-casual meal deals are upon us

Now Panera might pull some customers from traditional drive-thrus, but their $10 value meal can't compete with the price of the $5 value meal at McDonald's.

Marketplace
Fast-casual meal deals are upon us

But that's not the point.

Marketplace
Fast-casual meal deals are upon us

Professor Alex Suskin teaches food and beverage management at Cornell University.

Marketplace
Fast-casual meal deals are upon us

He says this is about helping customers who always came to Panera but are having a tougher time affording it now that paychecks are getting stretched by all the other rising prices.

Marketplace
Fast-casual meal deals are upon us

In other words, off the $10 value meal and back into that $14 sweet spot.

Marketplace
Fast-casual meal deals are upon us

But getting customers to walk back in the door is only half the battle.

Marketplace
Fast-casual meal deals are upon us

Stephen Zagor, who teaches food entrepreneurship at Columbia Business School, says there are two more factors to Panera's success.

Marketplace
Fast-casual meal deals are upon us

And two, the cheaper food only works if the food tastes good.

Marketplace
Fast-casual meal deals are upon us

Zagor called this value pricing a war, which means Panera won't be the last to try it out.

Marketplace
Fast-casual meal deals are upon us

He expects other fast casual restaurants, think Chipotle or Panda Express, to start doing the same thing.

Marketplace
Fast-casual meal deals are upon us

I'm Kaylee Wells for Marketplace.

Marketplace All-in-One
Expect and you shall recieve

Video games used to be a real boom or bust industry, a lot like Hollywood.

Marketplace All-in-One
Expect and you shall recieve

But instead of everyone rushing to go see Wicked, we'd all rush to buy the newest PlayStation or Nintendo gaming system and wait for months or years for the next installment of Zelda or Star Wars or Madden.

Marketplace All-in-One
Expect and you shall recieve

Those booms still happen.

Marketplace All-in-One
Expect and you shall recieve

Dimitri Williams is a communications professor at USC.

Marketplace All-in-One
Expect and you shall recieve

He says there was a boom when the Nintendo Switch 2 came out last June, for example.

Marketplace All-in-One
Expect and you shall recieve

What's different is there don't seem to be busts anymore.

Marketplace All-in-One
Expect and you shall recieve

And most people do want to play.

Marketplace All-in-One
Expect and you shall recieve

Aubrey Quinn with the trade group the Entertainment Software Association says one in three people over 80 years old and most baby boomers play video games every week.

Marketplace All-in-One
Expect and you shall recieve

The 8-year-old Roblox Warriors and the 80-year-old Candy Crushers are primarily spending on what's called the free-to-play games.