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Breakfast Battle & Pricing Strategies
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Greggs, a budget bakery chain, outshines McDonald's in the UK breakfast market with affordable meal deals and strategic expansion plans. Wendy's faces backlash over dynamic pricing, highlighting the delicate balance between price and customer experience. Strategies to retain loyal customers emphasize feedback, communication, and brand evolution.
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How can businesses effectively balance price and customer experience to enhance loyalty and growth?
How might Greggs' success impact the fast-food industry's competitive landscape?
What are the potential risks and benefits of dynamic pricing for companies like Wendy's?
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