Coalition of Franchisee Associations

December 6, 2024

California Lost 4,256 Jobs: Feds

"According to Revenue Management Solutions, a company that analyzes restaurant transactions to optimize menu pricing, California menu prices in June were up 7.5% year-over-year, but foot traffic is down — nationwide menu prices were up 3.1% with foot traffic down 3.6% compared to the year prior. This decline is a clear indication that customers are opting to skip a fast food visit altogether rather than pay higher menu prices,” said RMS.     The Center Square - California

2 comments:

Anonymous said...

Last operator to leave California please turn off the lights and give your store keys to McOpCo

Anonymous said...

Remember. McD corporate was the driving force to deal to set a $20 minimum wage for fast food workers only to escape joint employer in California. It produced a franchisee "owner" as proof that franchisees were for it. Then the $18 minimum wage failed on the ballot this year for everyone else.
MCD sold us out for joint employer without even needed to do it. The voters would have shot down $20/hour even harder than they did $18.