The question now is whether Chipotle, which opened a record number of restaurants last year, can maintain its goal of doubling its restaurant count in a few years.Wall Street thinks so.
California Gov. Gavin Newsom (D) ratified a law in September increasing the hourly minimum wage for fast-food restaurant employees from $16 to $20 per hour, effective April 1, 2024. This legal requirement was not, however, imposed equally. Insiders recently revealed to Bloomberg that Newsom.
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