McDonald’s Vacates Some Walmart Stores In California as Newsom’s Minimum Wage Law Prices Out Consumers
McDonald’s is reducing its presence inside Walmart stores across the U.S., but in California, part of the driving force behind these closures is not just changing consumer habits but also rising costs, including the impact of Governor Gavin Newsom’s minimum wage increase. Fast food prices have already been rising, but the higher labor costs in…