1 Loser and 1 Winner From Soaring Meat Prices
Put some of the blame on Popeyes Louisiana Kitchen for how much you're paying for chicken at the supermarket. Its ridiculously popular chicken sandwiches have sparked a chicken sandwich war among fast-food chains that is helping to push poultry prices upward.
While meat in general is just more expensive right now, chicken prices are at record highs, putting the quick-serve chain's growth at risk. Popeyes is finally adding a member loyalty program to keep its customers coming back, but that might not be enough to help it overcome the impacts of rising costs.
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Source Fool.com