California: 48 Rubio’s Locations Closing Due to ‘Rising Cost of Doing Business’

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.

The popular fish taco chain Rubio’s Coastal Grill will be closing 48 locations in California due to the “rising cost of doing business.”

A Rubio’s spokesperson confirmed to KTLA that underperforming stores in the Golden State will be shutting due to the “current business climate.” As many as 24 Rubio’s locations in Los Angeles will close along with 13 locations in San Diego and 11 locations in Northern California. “Making the decision to close a store is never an easy one … While painful, the store closures are a necessary step in our strategic long-term plan to position Rubio’s for success for years to come,” the spokesperson, which took effect in April and forced companies to pay a fast-food workers a minimum wage of $20 an hour.“Fast food inflation has a disparate impact across racial and ethnic groups due to different levels of fast food consumption,” it noted.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 610. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rubio's closing 48 locations because of 'rising cost of doing business in California'The 48 locations closing their doors represent about a third of the Rubio's found in California, Nevada and Arizona.
Source: CBSLA - 🏆 552. / 51 Read more »

Mexican food chain closing 48 Calif. locations due to 'rising cost' of business in stateThe closures follow a new law raising the state minimum wage of fast food workers to $20 per hour.
Source: wsyx6 - 🏆 444. / 53 Read more »