Panera Bread Avoids New Wage Increase<\/h2>\n![\"Panera](\"https:\/\/wealthofgeeks.com\/wp-content\/uploads\/2021\/07\/birthday-freebies-Panera-Bread.png\" "\\"This")
Image Credit: Raysonho@Open Grid Scheduler\/Scalable Grid Engine\/Wikimedia Commons\/CC0 and David Adam Kess\/Wikimedia Commons\/CC BY-SA 4.0.<\/figcaption><\/figure>\nThe new legislation excludes restaurants that make and sell their own bread as a standalone item. Panera Bread is a famous American chain of bakery and cafe fast food restaurants in the U.S. and Canada that makes and sells their bread, which spares them from the hike.<\/p>\n
Greg Flynn, the CEO of Flynn Restaurant Group, the company that owns two dozen Panera Bread locations across California, is set to benefit substantially from this new law. According to a New York Post report<\/a>, California Governor Gavin Newsom signed the law after Flynn donated to Newsom\u2019s campaign. The two also attended the same high school and have made business deals with one another in the past.<\/p>\nMany Are Left Puzzled by the Exemption<\/h2>\n![\"woman](\"https:\/\/wealthofgeeks.com\/wp-content\/uploads\/2023\/11\/Eyeroll.jpg\" "\\"This")
Image Credit: Shutterstock.<\/figcaption><\/figure>\nThe new law leaves many with questions, as the head of the National Restaurant Association, Michelle Kormso<\/a>, told an industry conference in 2023 that people were confused about the exemption for restaurants that bake and sell their own bread.<\/p>\nWhile most fast-food workers, apart from those at Panera Bread, celebrate the wage increase, this could mean more unwanted price hikes for customers.<\/p>\n
Fast Food Chains Struggle With Rising Costs<\/h2>\n![\"An](\"https:\/\/wealthofgeeks.com\/wp-content\/uploads\/2024\/02\/man-stressed-over-money-1.jpg\" "\\"This")
Image Credit: Shutterstock.<\/figcaption><\/figure>\nFat Brands chairman Andy Wiederhorn warned that someone will have to foot the wage increase costs. \u201cEveryone wants their employees to make more money, but it just costs. And someone\u2019s got to pay for it. And the restaurant operators don\u2019t have the margin for that. So prices are going to go up,\u201d Wiederhorn said while on The Big Money Show<\/em>, according to the New York Post<\/a>.<\/p>\nCustomers Should Expect To See More Fast Food Price Increases<\/h2>\n![\"man](\"https:\/\/wealthofgeeks.com\/wp-content\/uploads\/2023\/11\/fast-food-in-car.jpg\" "\\"This")
Image Credit: Martin Novak \/ Shutterstock.<\/figcaption><\/figure>\nEarlier this month, Chipotle announced<\/a> that it would consider a substantial increase in its prices across California locations to keep up with the new wage increases. Chipotle is one of many fast food chains that may hike their prices to keep up with rising costs and inflation, with McDonald’s potentially following suit<\/a>. It seems like consumers can\u2019t catch a break as outrageous prices are quickly becoming the new norm.<\/p>\nCustomers Express Outrage Over Ridiculous Prices<\/h2>\n![\"Sankt-Petersburg\/Russia](\"https:\/\/wealthofgeeks.com\/wp-content\/uploads\/2023\/12\/McDonalds-drive-thru.jpg\" "\\"This")
Image Credit: Gargantiopa\/Shutterstock.<\/figcaption><\/figure>\nA McDonald\u2019s in Connecticut<\/a> was under fire for charging a whopping $18 for a Big Mac combo meal<\/a>. Sam Learner posted a photo of the McDonald\u2019s menu<\/a> on X with the caption, \u201cThis was at a rest stop, but these McDonald\u2019s prices are nuts right???\u201d Along with the viral Big Mac combo, the menu also featured a Quarter Pounder with cheese combo for $17.99 and a Quarter Pounder Deluxe combo for a staggering $18.99.<\/p>\nAnother McDonald\u2019s in Connecticut was criticized for charging<\/a> over $7 for an Egg McMuffin and almost $6 for a side of hashbrowns.<\/p>\nFast food lovers may soon be better off cooking at home and avoiding what was once a trusty cheap alternative.<\/p>\n
The new legislation excludes restaurants that make and sell their own bread as a standalone item. Panera Bread is a famous American chain of bakery and cafe fast food restaurants in the U.S. and Canada that makes and sells their bread, which spares them from the hike.<\/p>\n
Greg Flynn, the CEO of Flynn Restaurant Group, the company that owns two dozen Panera Bread locations across California, is set to benefit substantially from this new law. According to a New York Post report<\/a>, California Governor Gavin Newsom signed the law after Flynn donated to Newsom\u2019s campaign. The two also attended the same high school and have made business deals with one another in the past.<\/p>\n The new law leaves many with questions, as the head of the National Restaurant Association, Michelle Kormso<\/a>, told an industry conference in 2023 that people were confused about the exemption for restaurants that bake and sell their own bread.<\/p>\n While most fast-food workers, apart from those at Panera Bread, celebrate the wage increase, this could mean more unwanted price hikes for customers.<\/p>\n Fat Brands chairman Andy Wiederhorn warned that someone will have to foot the wage increase costs. \u201cEveryone wants their employees to make more money, but it just costs. And someone\u2019s got to pay for it. And the restaurant operators don\u2019t have the margin for that. So prices are going to go up,\u201d Wiederhorn said while on The Big Money Show<\/em>, according to the New York Post<\/a>.<\/p>\n Earlier this month, Chipotle announced<\/a> that it would consider a substantial increase in its prices across California locations to keep up with the new wage increases. Chipotle is one of many fast food chains that may hike their prices to keep up with rising costs and inflation, with McDonald’s potentially following suit<\/a>. It seems like consumers can\u2019t catch a break as outrageous prices are quickly becoming the new norm.<\/p>\n A McDonald\u2019s in Connecticut<\/a> was under fire for charging a whopping $18 for a Big Mac combo meal<\/a>. Sam Learner posted a photo of the McDonald\u2019s menu<\/a> on X with the caption, \u201cThis was at a rest stop, but these McDonald\u2019s prices are nuts right???\u201d Along with the viral Big Mac combo, the menu also featured a Quarter Pounder with cheese combo for $17.99 and a Quarter Pounder Deluxe combo for a staggering $18.99.<\/p>\n Another McDonald\u2019s in Connecticut was criticized for charging<\/a> over $7 for an Egg McMuffin and almost $6 for a side of hashbrowns.<\/p>\n Fast food lovers may soon be better off cooking at home and avoiding what was once a trusty cheap alternative.<\/p>\nMany Are Left Puzzled by the Exemption<\/h2>\n
Fast Food Chains Struggle With Rising Costs<\/h2>\n
Customers Should Expect To See More Fast Food Price Increases<\/h2>\n
Customers Express Outrage Over Ridiculous Prices<\/h2>\n