30-Year-Old San Francisco McDonald’s Closes Due to $20 Minimum Wage
A longtime McDonald’s franchise in San Francisco is closing after 30 years in business due to California Gov. Gavin Newsom’s new $20 minimum wage law, the owner said. The McDonald’s at Stonestown Galleria fell victim to the economy on Sunday. Franchise owner Scott Rodrick Said He told ABC7 it was a “heartbreaking day” for him […]
San Francisco McDonald’s shutters after 30 years in latest casualty of $20 minimum wage
San Francisco chain McDonald’s has reportedly become the latest casualty of California’s new $20 minimum wage. The McDonald’s at the Stonestown Galleria shopping mall, about eight miles southwest of downtown San Francisco, closed permanently on Sunday after more than 30 years in the area. “This is a heartbreaking day for my family,” franchise owner Scott […]
Hollywood Arby’s closes over California’s $20 minimum wage
Arby’s Roast Beef, a family-owned chain that has had a presence on Sunset Boulevard in Hollywood for 55 years, is closing its doors, citing California’s recently enacted $20 an hour minimum wage law as its final “death knell.” On Tuesday, the fast-food restaurant’s iconic cowboy hat sign was captured by FOX 11’s Sky Fox cameras […]
Hollywood Arby’s shutters doors after more than 5 decades in business following minimum wage hike
See what’s clicking on FoxBusiness.com Hungry people strolling along Sunset Boulevard in Hollywood may be wondering where their meat is after an Arby’s location closes after more than 50 years in business. On Tuesday, the fast-food restaurant’s iconic cowboy hat sign was captured by FOX 11’s Sky Fox cameras and read, “Goodbye Hollywood. Thank you […]
California’s $20 minimum wage sees fewer customers: study
A study found that California’s new $20 hourly minimum wage law forced restaurants like McDonald’s, Wendy’s and Burger King to raise prices to offset rising costs, causing a sharp decline in customer traffic at popular chains. California’s new $20 an hour minimum wage law for fast-food workers has led to price hikes and reduced customer […]
The Results of California’s New $20 Fast Food Minimum Wage Are Already In
Thousands of jobs have already been eliminated by California’s law to raise the minimum wage to $20 for restaurant workers, which goes into effect April 1. For eight years, Michael Ojeda delivered food for a Pizza Hut in Ontario, California, using the income he received to support his family. In December, the 29-year-old received a letter from […]
In-N-Out hikes prices thanks to California’s new $20 minimum wage
In-N-Out is raising its notoriously low prices to keep up with California’s new $20 minimum wage for fast-food restaurants. In Los Angeles County, the low-cost burger chain’s double-double burger combo is selling for $11.44, up $0.76 from last year. KTLA reported. At the tourist-popular Fisherman’s Wharf location in San Francisco, a double-double burger comes with […]
10,000 California Fast Food Jobs Cut Due to $20 Minimum Wage
Fast food restaurants in California have reportedly cut about 10,000 jobs after the state’s minimum wage increased to $20. Gov. Gavin Newsom’s (D) law to pay workers $20 an hour goes into effect on April 1 and is clearly dealing a devastating blow to the industry, Fox Business reported. report Wednesday. The media continues: The […]
California fast food restaurants have cut 10,000 jobs since passing $20 minimum wage: business agency
California Governor Gavin Newsom’s successful move to raise the minimum wage for many of the state’s fast-food workers is having a devastating effect on businesses that are being forced to cut labor costs to survive, critics say. Chipotle, McDonald’s and other major fast-food chains have been raising prices to catch up with the $20 an […]
California fast food wage hike has had detrimental impact, puts businesses in ‘jeopardy,’ critic says
California franchisee Alex Johnson estimates that his 10 restaurants will lose a combined $470,000 because of his state’s new minimum wage law. California Governor Gavin Newsom’s successful move to raise the minimum wage for many of the state’s fast-food workers is having a devastating effect on businesses that are being forced to cut labor costs […]