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Top related persons:
— - 5 Brian Hom - 5 Scott Rodrick - 3 Hom - 3 He's - 2 they're - 2 Roy Gilad - 2 he'd - 2
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California San Jose Los Angeles smoothie — Pizza San Jose , California Inland
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Service - 5 Business - 4 Burger King - 1 Energy - 1 Subway - 1 McDonald's Corporation - 1 Los Angeles Times - 1 Times - 1

Search resuls for: "Brian Hom"


5 mentions found


☆ Fast food has become a luxury in California, a franchisee says
  + stars: | 2024-04-17 | by ( Grace Dean | ) www.businessinsider.com   time to read: +3 min
Read previewA California franchisee has warned that some of his customers think fast food is becoming a "luxury" as restaurants increase prices to cover the state's new $20 minimum wage for fast-food workers. AdvertisementThe new wage in California comes amid rising prices of fast food across the US more generally. A combination of wage and food inflation pushed prices up during the pandemic, and some diners say they're cutting down on how much fast food they eat because it's no longer affordable. "The appetite that my customers have for price increases is not unlimited," Scott Rodrick, a McDonald's franchisee with 18 restaurants in northern California, previously told BI. Is fast food no longer affordable?
Persons: —, Brian Hom, I've, Scott Rodrick, Tony Nix Organizations: Service, Business Locations: smoothie, San Jose, California
☆ A California franchisee says he's reducing staffing, raising prices, and mulling kiosks to cover the $20 wage. Closing stores is a last resort.
  + stars: | 2024-04-17 | by ( Grace Dean | ) www.businessinsider.com   time to read: +5 min
A franchisee told BI how he's trying to absorb California's $20 minimum wage for fast-food workers. "Right now I'm trying to size what the true impact will be," he said. But the higher minimum wage has meant that Hom's more experienced workers have also got a boost. He declined to say how much he paid them, but noted that it was "significantly higher than the minimum wage." Some franchisees of Pizza Hut and Round Table Pizza have laid off all their delivery drivers, believed to be because of the $20 wage.
Persons: he's, —, Brian Hom, I'm, Hom, He's, they're, Roy Gilad Organizations: Service, Burger King, Energy Locations: San Jose, California, smoothie, —, Pizza
☆ Franchisees say it's them, not big corporations, who are the real losers of California's $20 fast-food wage
  + stars: | 2024-04-15 | by ( Grace Dean | ) www.businessinsider.com   time to read: +5 min
Restaurant franchisees say they're the real losers of California's $20 fast-food minimum wage. AdvertisementFranchisees say they have to bear the brunt of California's new $20 minimum wage for fast-food workers. But the $20 wage applies to both corporate-owned and franchise restaurants, even if the franchisee just owns one or two restaurants. She added that the new $20 wage felt like an "unfair target on our backs." "You're going to have to have the mega owners as they're called, or 20 stores, a hundred stores, 500 outlets.
Persons: —, Keith Miller, Brian Hom, We're, Hom, Miller, he'd, Mike Mangoine, Jessica D'Ambre, D'Ambre, Matthew Haller, Burger King, they're Organizations: Service, Business, Subway, McDonald's Corporation, Los Angeles Times, Times, International Franchise Association, Taco Bell Locations: California, San Jose , California, Los Angeles, Inland, Burger, McDonald's
☆ Here are 5 ways fast-food restaurants in California are cutting costs to cover the new minimum wage
  + stars: | 2024-04-03 | by ( Grace Dean | ) www.businessinsider.com   time to read: +5 min
Read previewFast-food franchisees in California are desperately looking for ways to cut costs as the state's $20 minimum wage for workers at limited-service restaurants kicks in. Mendelsohn, the El Pollo Loco franchisee, told NPR that her preemptive price increases had already deterred some customers. William Blair analyst Sharon Zackfia expects some restaurants in California to turn to digital kiosks as labor costs rise. Spending less on operationsBeyond labor, restaurants are looking for other ways to save on their operating costs. Alex Johnson, the Auntie Anne's Pretzels and Cinnabon franchisee, told the AP that he wasn't looking at opening any more locations in California.
Persons: —, Michaela Mendelsohn, Alexi Rosenfeld, Alex Johnson, Anne's Pretzels, he'd, Marcus Walberg, Mendelsohn, Brian Hom, Walberg, Sharon Zackfia, William Blair, Grace Dean, Kris Stuebner, Scott Rodrick Organizations: Service, Business, El, Loco, NBC Los Angeles, Associated Press, El Pollo Loco, NPR, Wall Street Journal, CNN, KFC, Management Corporation, ABC, Fox News, AP Locations: California, Los Angeles County, Los Angeles, San Jose
☆ Fast-food restaurants in California are laying off workers to prepare for the $20 minimum wage hike
  + stars: | 2024-03-27 | by ( Grace Dean | ) www.businessinsider.com   time to read: +4 min
Californian fast-food restaurants are cutting workers to prepare for the $20 minimum wage. AdvertisementFast-food restaurants in California are laying off hundreds of workers to cut back on costs as they prepare for the state's $20 minimum wage for fast-food workers that comes into force in April, a new report by The Wall Street Journal details. Franchisees are worried about higher prices spooking dinersCalifornia is raising the state's minimum wage for workers at limited-service restaurants to $20 an hour from April 1 — 25% higher than its general minimum wage. AdvertisementThe franchisees generally set prices, and some are concerned that higher prices could scare off diners. "I can't charge $20 for Happy Meals," Scott Rodrick, owner of 18 McDonald's restaurants in Northern California, told the Journal.
Persons: —, Alexander Johnson, Anne's, Scott Rodrick, Brian Hom, He's, Hom, Roy Gilad Organizations: Pizza, Service, Wall, Southern California Pizza Company, Business, KTLA Locations: California, Southern, West, Northern California, Los Angeles, San Jose
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