McDonald’s, Chipotle hiking menu prices after California raises fast-food minimum wage

[PoS]

McDonald’s, Chipotle hiking menu prices after California raises fast-food minimum wage

McDonald’s — which revealed on Monday that it earned 14% more revenue in the third quarter compared to the same period last year — already charges $18 for a Big Mac meal in some l…

nypost.com

The Chicago-based burger chain — which cited “strategic menu price increases” as it revealed on Monday that its revenue surged 14% in the latest quarter — already has been hiking prices nationwide amid rampant inflation, including charging $18 for a Big Mac meal at a location in Connecticut.

Surging prices have forced consumers to pare back spending on fast food, according to McDonald’s executives.

Fewer Americans earning $45,000 or less have been frequenting McDonald’s locations this past quarter, according to the company.

More proof that California is in the shitter. Good job, dems!

 

[NatMorton]

McDonald’s, Chipotle hiking menu prices after California raises fast-food minimum wage

McDonald’s — which revealed on Monday that it earned 14% more revenue in the third quarter compared to the same period last year — already charges $18 for a Big Mac meal in some l…

nypost.com

More proof that California is in the shitter. Good job, dems!

Gosh, you mean they didn't absorb the labor cost increase by taking it out of executive bonuses? Someone should tell Governor Newsom about this.

 

[Irredentist]

McDonald’s, Chipotle hiking menu prices after California raises fast-food minimum wage

McDonald’s — which revealed on Monday that it earned 14% more revenue in the third quarter compared to the same period last year — already charges $18 for a Big Mac meal in some l…

nypost.com

More proof that California is in the shitter. Good job, dems!

Gosh, you mean they didn't absorb the labor cost increase by taking it out of executive bonuses? Someone should tell Governor Newsom about this.

This is good news. The fewer people buying fast food, the better. Make it so expensive that it's unaffordable. Then people will stop eating it.

 

[Slartibartfast]

The article doesn't state what the new price points will be.

 

[TheParser]

1. I just recently discovered Chipotle (via a delivery service).

2. The food seems to be of good quality.

3. So I feel that customers should be willing to pay more.

a. Workers in all occupations are demanding higher wages. (They should in this expensive economy.)
b. They are demanding health coverage. (They should.)
c. And the restaurants have to pay more for the food they cook. (So the cost has to be passed along.)

4. Yes, the chains should pay lower salaries to their CEOS. (But that does not seem to be part of the zeitgeist.)

 

[Slartibartfast]

1. I just recently discovered Chipotle (via a delivery service).

2. The food seems to be of good quality.

3. So I feel that customers should be willing to pay more.

a. Workers in all occupations are demanding higher wages. (They should in this expensive economy.)
b. They are demanding health coverage. (They should.)
c. And the restaurants have to pay more for the food they cook. (So the cost has to be passed along.)

4. Yes, the chains should pay lower salaries to their CEOS. (But that does not seem to be part of the zeitgeist.)

Chioptle is crap and their ingredients are low quality crap.

 

[jonny5]

4. Yes, the chains should pay lower salaries to their CEOS. (But that does not seem to be part of the zeitgeist.)

Why?

 

[TheParser]

Why?

I do not know.

For some reason, corporations feel that CEOs deserve these exorbitant salaries.

 

[samiam5211]

McDonalds only made 14 billion in profit last year, cut them some slack.

 

[Winston]

$20 an hour seems reasonable in California. Isn’t average rent in LA like $2500.

 

[NatMorton]

I do not know.

For some reason, corporations feel that CEOs deserve these exorbitant salaries.

For the most part, they're paid what they're worth. It's an incredibly hard and important job.

 

[Bok Tuklo]

" ... it revealed on Monday that its revenue surged 14% in the latest quarter ..."

Generic profit-taking.

 

[Simon W. Moon]

Gosh, you mean they didn't absorb the labor cost increase by taking it out of executive bonuses? Someone should tell Governor Newsom about this.

Someone should tell their rival chains about that.

Sounds like an opportunity to undercut the market prices for a few years and establish greater market share.

 

[Simon W. Moon]

For the most part, they're paid what they're worth. It's an incredibly hard and important job.

inorite?

Musk has three of those CEO jobs and can barely find the time to **** around on Twitter.​

​

Can you imagine if Musk had the luxury of working three regular jobs instead?​

Musk would really be ****ing around on Twitter if he had all of that free time.​

 

[bongsaway]

McDonald’s, Chipotle hiking menu prices after California raises fast-food minimum wage

McDonald’s — which revealed on Monday that it earned 14% more revenue in the third quarter compared to the same period last year — already charges $18 for a Big Mac meal in some l…

nypost.com

More proof that California is in the shitter. Good job, dems!

Free markets, capitalism, ain't they great? Why are you guys so against average working people making a bit more?

 

[bongsaway]

Gosh, you mean they didn't absorb the labor cost increase by taking it out of executive bonuses? Someone should tell Governor Newsom about this.

Can't have that. People don't seem to mind a ceo making millions but have a problem with the people on the front lines making a bit more.

 

[bongsaway]

Why?

Why do you not have a problem with a ceo making millions a year but the average worker...they should just be grateful they have a job. Remember that one from the gop?

 

[SenorXm/Sirius]

Yeah, why do Trumpsters hate the working class?

 

[samiam5211]

Yeah, why do Trumpsters hate the working class?

It's not so much that.

Trumper's hate it when their Big Mac goes up by 10 cents. That adds up to a few hundred dollars a month in extra food costs for them.

 

[zincwarrior]

McDonald’s, Chipotle hiking menu prices after California raises fast-food minimum wage

McDonald’s — which revealed on Monday that it earned 14% more revenue in the third quarter compared to the same period last year — already charges $18 for a Big Mac meal in some l…

nypost.com

More proof that California is in the shitter. Good job, dems!

Actually thats where you hang out if you eat at either of those places.

But we need to screw employees wherever possible amirite!

 

[NatMorton]

inorite?

Musk has three of those CEO jobs and can barely find the time to **** around on Twitter.​

​

Can you imagine if Musk had the luxury of working three regular jobs instead?​

Musk would really be ****ing around on Twitter if he had all of that free time.​

So what?

 

[NatMorton]

Can't have that. People don't seem to mind a ceo making millions but have a problem with the people on the front lines making a bit more.

I don't have a problem with people earning what their labor is worth. Why do you?

 

[Helix]

When I don't like a restaurant, I don't eat there. Perhaps you could try that strategy.

 

[Simon W. Moon]

So what?

duh

I was agreeing with you about how hard CEOs work

The poor ****ers barely have any time for their yachts

 

[samiam5211]

I don't have a problem with people earning what their labor is worth. Why do you?

I think people should earn what their labor is worth.

That is why I have such a problem with CEO pay.