McDonald’s $5 value meal offer will be extended to August at most U.S. locations after about 93% of its restaurants voted in favor of the plan.
Read More McDonald’s extends $5 meal deal at most US outlets into AugustTag: Burger King
Calif. Fast Food Minimum Wage Hike Continues Impacting Positions, Businesses: 10,000 Jobs Lost
As struggling businesses reduce labor expenses and boost prices to counteract wage hikes, fast food restaurants in California have eliminated over 10,000 jobs as a result of the state’s new $20 minimum wage, according to a trade group that reported the findings on Thursday.
Read More Calif. Fast Food Minimum Wage Hike Continues Impacting Positions, Businesses: 10,000 Jobs LostWalgreens To Slash Prices On 1,300 Items As Retail Stores Fight Inflation
Walgreens has announced it will cut prices on 1,300 items across its drugstores, becoming the latest big retailer to enact discounts as consumers continue to fight against high inflation.
Read More Walgreens To Slash Prices On 1,300 Items As Retail Stores Fight InflationMcDonald’s posts rare profit miss as customers turn picky
McDonald’s missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers.
Read More McDonald’s posts rare profit miss as customers turn pickyCalifornia Sees 7% Fast-Food Price Hike Amid $20 Minimum Wage Raise, Tops Nation
With the massive increase in minimum wage for fast-food workers in California, the Golden State saw their fast-food prices increase at least 7% in a six-month period.
Read More California Sees 7% Fast-Food Price Hike Amid $20 Minimum Wage Raise, Tops Nation