California Fast-Food Chains Are Now Serving Sticker Shock(wsj.com)
wsj.com
California Fast-Food Chains Are Now Serving Sticker Shock
https://www.wsj.com/business/hospitality/california-fast-food-chains-are-now-serving-sticker-shock-64009282
9 comments
It's gone up everywhere, but California is definitely unique in just how much it is shooting up, especially after the minimum wage increase was passed: https://www.qsrmagazine.com/story/californias-fast-food-wage...
it’s not a given that prices must rise that much. In-n-out raised their burger prices by $0.25.
That is because that particular fast-food chain was already paying most of its workers more than the new minimum wage.
Proving it can be done. These other companies should lower their profits instead.
> That is because that particular fast-food chain was already paying most of its workers more than the new minimum wage.
and delivering superior product below market price. So, this is purely business efficiency/optimization aspect and not external factors.
and delivering superior product below market price. So, this is purely business efficiency/optimization aspect and not external factors.
Yeah fast food already crazy expensive out here. Its already about the same as a sit-down restaurant. No real reason to buy it. Maybe this is the beginning of the end?
It's crazy how much more expensive fast food is than groceries nowadays. [1] I feel like 10y ago the difference wasn't as large.
Restaurants are hit or miss. My nicer local places are more expensive but not like fast food.
Generally, it's as great a time as ever to know how to cook stuff from scratch with whatever is on sale.
[1] I paid $8 and change (BOGO) for ten locally-grown, free range boneless chicken thighs last week and grilled them up. Sandwiches, pasta, wraps, chicken salad all week. $8 doesn't even buy a 6pc McNugget meal where I live.
Restaurants are hit or miss. My nicer local places are more expensive but not like fast food.
Generally, it's as great a time as ever to know how to cook stuff from scratch with whatever is on sale.
[1] I paid $8 and change (BOGO) for ten locally-grown, free range boneless chicken thighs last week and grilled them up. Sandwiches, pasta, wraps, chicken salad all week. $8 doesn't even buy a 6pc McNugget meal where I live.
It was closer ten years ago. They really started to pull apart in ~2015: https://beta.bls.gov/dataViewer/view?selectedSeriesIds=CUUS0...
WSJ desperate to make it sound like California’s initiatives are backfiring.