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How has California's new fast food minimum wage affected menu prices?
CBS News· 5 days agoThe first numbers are in to show the impact of California's increase in fast-food worker salaries on...
Starbucks reports sharp sales decline | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 7 hours agoLaxman Narasimhan's honeymoon phase is over. The chief executive officer of Starbucks Corp., who...
Starbucks CFO says there are no plans to lower prices, but Wall Street is skeptical of its 2024...
Yahoo Finance· 4 days agoRuggeri argued that value "isn't just about a price," but about "experience." The company plans to...
Livable wages mean more expensive burgers as California fast-food chains hike menu prices
Fortune via AOL· 6 days agoThose hikes are many. Chipotle told investors last...of its California chains increased between 6%...
Starbucks Is Having Its Worst Day Since 2020. Expensive Coffee Finally Takes Toll.
Barrons.com· 4 days ago“The pace of product introductions is faster than we’ve ever seen from Starbucks in the U.S., so it...
Starbucks Shares Plunge After Sales, Earnings Miss
The Wall Street Journal· 5 days agoToo many customers are abandoning their app orders because of long wait times and menu-item unavailability, CEO Laxman Narasimhan said. Starbucks also...
Starbucks shares hit two-year low as China, US demand clouds outlook
Reuters via Yahoo Finance· 4 days agoPrice hikes taken last year have forced customers to ditch cafes and restaurants and instead drink...
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's
NBC Universal via AOL· 4 days agoIt’s unclear how long it will take fast-food chains’ sales to bounce back, although executives...
McDonald’s, Chick-fil-A and other fast food chains are raising prices after state raises minimum...
The Independent via Yahoo Finance· 3 days agoPrices at fast food eateries have increased by 10 per cent overall, outpacing all other states, the...
US fast-food chains may have to amp up promotions as more people eat at home
Reuters· 3 days agoGlobal fast food giants may have to dole out steeper promotions to lure inflation-hit customers who...