At the Restaurant Finance and Development Conference, experts weighed in on California’s $20 minimum wage for fast-food workers, a result of AB 1228.
The law, which took effect in April, led to higher menu prices and a drop in customer traffic.
Revenue Management Solutions reports a 6.5% price hike in California fast food, double the national average of 3.3%, while traffic fell 3.8% in the state compared to 1.8% nationwide. …