Restaurants That Raised Menu Prices in California After New Wage Law
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.
Source: businessinsider.com
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How CA's Fast-Food Restaurants Are Cutting Costs to Cover the New Wage
California fast-food franchisees say they're desperate to find ways to remain profitable and offset the state's new $20 minimum wage.
Source: businessinsider.com
Wendy's to test dynamic pricing in 2025: How this will impact customers
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 […]
Source: yahoo.com
McDonald's to focus more on affordability after sales at U.S. stores decrease
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 […]
Source: yahoo.com
McDonald's to focus more on affordability after sales at US stores decrease
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 […]
Source: ktla.com