Marcus Walberg News Today

Restaurant owners from two-store operators to some of the state's biggest have upped menu prices since the law took effect earlier this month.

California fast-food franchisees say they're desperate to find ways to remain profitable and offset the state's new $20 minimum wage.

Your next meal at Wendy’s could be more expensive or cheaper, depending on what time you place the order. During a February earnings call, Kirk Tanner, Wendy’s CEO and President, announced that the company will invest about $20 million into digital menus at all U.S. company-operated restaurants and begin testing dynamic pricing by 2025. Dynamic […]

McDonald’s officials announced Monday that the company will focus more on affordability after reporting weaker-than-expected sales at its U.S. stores. The company’s CEO, Chris Kempczinski, indicated that the company would slash prices on some of its menu items. “Eating at home has become more affordable,” Kempczinski said. “We actually saw that cohort” — referring to […]

McDonald’s officials announced Monday that the company will focus more on affordability after reporting weaker-than-expected sales at its U.S. stores. The company’s CEO, Chris Kempczinski, indicated that the company would slash prices on some of its menu items. “Eating at home has become more affordable,” Kempczinski said. “We actually saw that cohort” — referring to […]

Fast food in California is getting more expensive as some restaurants look for ways to offset costs ahead of a mandated minimum wage increase set to go into effect April 1.

A Southern California fast food franchisee is the latest to signal that menu prices will go up when the minimum wage for fast food employees climbs to $20 an hour in April under a new California law. Marcus Walberg, whose family operates four Fatburger restaurants in Los Angeles, recently told Business Insider that he sees no […]

The owner of four Fatburger franchises in Los Angeles hiked menu prices, trimmed workers’ hours and scrapped paid time off to offset an impending California…

Labor shortages could be a thing of the past once the wage goes into effect as more people apply for fast-food jobs. Marcus Walberg and his family operate…

A Fatburger franchisee in Los Angeles reveals survival strategies as California chains brace for $20 an hour wage for fast food workers in April.