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The ex-parent CEO of Hardee's and Carl's Jr. wouldn't go back and run a fast-food chain today, as he claims more restaurants "are going to go away" amid inflationary pressures.
Fast-food prices are climbing, and chain restaurants like Chili's are coming for fast-food giants with meal deals and new burgers.
Subway shrunk its sandwich chain by 443 stores last year, a surprise downsizing that experts said could continue as the chain's California shops face an increased minimum wage in California.
It's not too late to make money but it might be too late for a high upside.
Some fast-food chains raised prices as high as 8%.