The Mexican restaurant chain Rubio's Coastal Grill has announced the closure of 48 restaurants across California following a minimum wage hike in the state.
The ex-parent CEO of Hardee's and Carl's Jr. wouldn't go back and run a fast-food chain today, as he claims more restaurants "are going to go away" amid inflationary pressures.
In-N-Out owner Lynsi Snyder is fighting to keep costs down, saying she feels an obligation to customers even as rivals increase prices to offset the new minimum wage legislation.