Burrito, Big Mac prices in California to go up as pay rises: ‘Someone has to pay,' FAT Brands founder says
FAT Brands(FAT) Fox Business·2024-02-07 19:11
Consumers in California should expect to pay big bucks for a Big Mac once the state's minimum wage increase goes into effect this spring. As businesses consider passing costs on to consumers, Fat Brands chairman Andy Wiederhorn stated "someone's got to pay" for the jump in wages."The consumers who are voters must have known what they were getting into by promoting this legislation to raise the minimum wage from 15 to $20 and on its way to $25," he said on "The Big Money Show" Tuesday. "Everyone wants their ...