Impact of Minimum Wage Hike on Fast Food Workers in California and Store Closures

SOURCE www.foxnews.com
California shoppers blame rising prices and minimum wage policies for store closures; 99 Cents Only Stores to shut down 371 shops across California, Nevada, Texas, and Arizona after facing significant challenges in the retail environment.

Key Points

  • California shoppers blame Governor Newsom's policies for store closures
  • 99 Cents Only Stores closing 371 shops across four states
  • Challenges include COVID-19 impact, rising prices, and macroeconomic headwinds