Choppin’ It Up by Bloomberg Intelligence
Choppin’ It Up by Bloomberg Intelligence
Bloomberg
California's Fast Act to Raise Restaurant Costs
20 minutes Posted Jan 26, 2023 at 5:08 pm.
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Riley Lagesen, Shareholder and Chair of the Global Restaurant Industry Group at GreenbergTraurig, and Jonathan Sack, Shareholder at GreenbergTraurig, join Michael Halen, Senior Restaurant and Foodservice Analyst at Bloomberg Intelligence, to discuss California's passage of the Fast Act. The legislation will increase costs for fast food chains, including a potential 47% jump in hourly wages to $22. Menu price hikes, automation and potential challenges to the legislation are some of the topics covered.

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