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
The minimum wage for fast food employees in California will increase to $20 per hour under a new law in the state, and employers claim that having to pay their employees more will now affect their customers as they are planning to raise prices and lay off workers.
Read More Calif: New $20 Minimum Wage Law For Fast Food Employees Scheduled To Take Effect On April 1st
After five decades of family ownership, Subway has a new company in charge of the sandwich chain.
Read More Roark Capital Buys Subway For One Of The Biggest Purchases In Fast-Food Industry