Posts tagged Foster’s Freeze
Hollywood Arby’s closes after 55 years over California’s $20 minimum wage
June 25, 2024 // A family-owned Arby’s Roast Beef that has been a fixture on Sunset Boulevard in Hollywood for 55 years shut its doors, blaming California’s recently enacted $20-an-hour minimum wage law as the final “nail in the coffin.”
COMMENTARY: Like AB5, CA’s Fast-Food Minimum Wage Hike Results in Layoffs, Closures, and Higher Prices
April 4, 2024 // It certainly wasn't a victory for the consumer. First, the prices of fast food started to tick up, then Pizza Hut drivers were laid off. The FAST Act is now fully in effect, and so are the unintended consequences. Tuesday, April 2 saw reports of fast-food restaurants cutting hours, laying off workers, and some completely shuttering their businesses. Welcome to California, where a Big Mac combo will cost you $25.00 and be served to you by a robot. Stevie Wonder could have seen this coming; but hey, power to the people, and all that.