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“The new AB 1228 legislation has been voted into law and will result in a devastating financial blow to California McDonald’s franchisees at a projected annual cost of $250,000 per McDonald ...
In California, the day marks the start of a new obstacle. Fast food chains that have at least 60 locations nationwide need to raise their minimum wage for restaurant employees to $20 per hour, up ...
Labor costs, specifically, have come into the spotlight after the state of California — which is home to nearly 1,300 McDonald’s restaurants, more than 230 owner/operators and more than 70,000 ...
In a recent earnings call, McDonald's CEO Chris Kempczinski, said customers who made $45,000 or less have recently spent much less, finding that "eating at home has become more affordable."
That's why McDonald's is often described one of the world's biggest real estate companies -- it owns more than $40 billion worth of property and related equipment. And yes, this makes a world of ...
An independent expenditure campaign has spent over half a million dollars attacking lawmakers for their role in fast food worker bills.
For the first time in about 30 years, McDonald’s is increasing its royalty fee for franchise operators opening new restaurants in the US and Canada.
This McDonald’s franchisee is struggling with California’s ‘unprecedented’ $20 minimum wage, says the focus for his restaurants now is ‘survival’ Jing Pan April 18, 2024 at 6:22 AM