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.
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.
Source: CBSLA - 🏆 552. / 51 Read more »
Source: wsyx6 - 🏆 444. / 53 Read more »