Restaurant News Roundup, 01/21/2024

Latest Restaurant News January 21, 2024

Californians will be paying more for their fast food as menu prices rise to offset mandatory minimum wage hikes for fast food workers.  Some half a million workers in California are expected to benefit from the pay increases.  Read more here: https://en.as.com/latest_news/why-are-fast-food-prices-going-up-in-california-n/

 

Increasing reliance on technology in the restaurant industry, from digital menus to contactless ordering, is a trend to watch in 2024.  Read more here: https://www.forbes.com/sites/garyocchiogrosso/2024/01/20/trends-shaping-the-ever-changing-restaurant-business-in-2024/?sh=2ff48f744bfe

 

Restaurant Brands International says it will buy the largest franchisee of its Burger King brand.  The $1 billion purchase of the Carrols Restaurant Group marks a shift in strategy by RBI.  Read more here: https://www.restaurantbusinessonline.com/financing/burger-king-buying-its-largest-franchisee-1b

 

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