Chipotle says California's minimum wage pushed menu prices up nearly 7 percent
Chipotle Mexican Grill(CMG) Business Insider·2024-04-24 22:39
The effects of California's $20 minimum wage for fast food workers are starting to show.Chipotle said the law raised wages at its restaurants by roughly 20%.This translated to a 7% menu price increase at Chipotle locations in California. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking ...