Why are Rubio’s and so many other restaurants closing? Experts say it’s part of a nationwide trend, citing inflation and wage increases as factors. MORE: www.cbs8.com/article/news/loc...
Жүктеу.....
Пікірлер: 162
@AriannaArdent-rs1diАй бұрын
My husband and I never eat out. We just cannot afford it. Especially when I can make 4x more food that is just as good at home for the same price…
@j.d.contreras392
Ай бұрын
I agree. It's just not worth it anymore. And plus you have to tip the waiters that are already making 20 dollars an hour.
@_ac_7649Ай бұрын
newsom is helping with his excellent leadership
@andyide710
Ай бұрын
LMAO Yea, How he handled with Panera Bread!
@thomasgentry6201
Ай бұрын
Dont forget Todd Gloria and Senile Joe Biden!
@joeyGalileoHotto
Ай бұрын
San Diego was one of the few great cities left in California during the late 2010's under Falcouner's leadership and the democrats thought "Nope, we can't have that" and turned the city into Los Angeles.
@thomasgentry6201
Ай бұрын
@@joeyGalileoHotto Very True! Roger Hedgecock had issues but a Good Mayor. 80s and 90s San Diego once upon a time a Jewel for California.
@mevans4953
Ай бұрын
President Trump should get rid of Newsome.
@gadgetimpulse3833Ай бұрын
Do better CBS 8. Rubios was sold to private equity and restructured poorly in 2020. They were doomed to fail regardless
@youtubesucks1499
Ай бұрын
Do better, it's not profitable to do business in California
@joeyGalileoHotto
Ай бұрын
Agreed. Rubios was way better a decade ago.
@gadgetimpulse3833
Ай бұрын
@@youtubesucks1499 is that why in n out pays its employees much higher than $20/hr and charges much less for their food but yet is expanding faster than ever?
@youtubesucks1499
Ай бұрын
@@gadgetimpulse3833 In and Out is a PRIVATELY family owned business with zero franchises. Have you actually studied their business model? My guess is no based on your comments
@gadgetimpulse3833
Ай бұрын
@@youtubesucks1499 and?
@user-yy9hk9od9uАй бұрын
20 dollar per hour minimum wage, higher supply costs = closings. Blame Newsom.
@skeptic_al
Ай бұрын
Seems like a reasonable equation, right? But wait…are there other factors? Red Lobster shut down nationally, not just CA. Covid affected restaurants globally. Historically low unemployment has affected hiring nationally. Inflation has affected consumer pricing globally. And in the case of Salud Taco, the problem was the landlord. So, huh. It seems more complex than x+y=z
@jonnyfendi2003
Ай бұрын
@@skeptic_al but Rubios specified that it is only closing stores in California vs the Nevada and Arizona locations. You do the math!!!
@mevans4953
Ай бұрын
Businesses need to stop interacting with California. It hurts the rest of the country.
@r1.454
28 күн бұрын
Keep voting democrat
@mevans4953
28 күн бұрын
@@r1.454 Most people refuse to acknowledge democrats. It’s either a centrist Republican or to the right Libertarian
@MoonDog991Ай бұрын
Because we have an incompetent Govenor.
@turkrane12Ай бұрын
inflation depression stagflation
@cheerwhiner7829Ай бұрын
Because they have to pay the workers $15-$20 an hour, maybe? 🙄🙄🙄 Couldn’t see this coming a mile away?
@user-dy1jo8wr9vАй бұрын
The people of California voted for this.
@Mikey122687
Ай бұрын
NOT ALL OF US DID, SO DON'T GROUP US TOGETHER WITH THOSE WHO DID
@danielshepard7357
Ай бұрын
You’re clueless millions of imported illegals voted for this and please believe it’s already arrived in every state if you haven’t been paying attention.
@13Liberty50Ай бұрын
taxes regulation taxes regulation and more of the same
@joelnes25Ай бұрын
Go Blue go broke
@first2findАй бұрын
"Newsomnomics", It's working.
@joysmith7425
Ай бұрын
No this is not working. California has turned into a s#$#hole.
@cardiffchrisАй бұрын
Mike's red tacos just opened a new location.
@frankthetank4101
Ай бұрын
I still need to check that place out.
@ariabenjiciga3809Ай бұрын
But you people keep voting blue🤷🏻🤷🏻🤦🏻🤦🏻
@thefourhorsemen91
Ай бұрын
Some of the dumbest voters on the planet.
@jaad9848Ай бұрын
Rubios was up there as expensive as Oscars but worst flavor and comparable to the food trucks but more expensive. Why would you go to Rubios? Thats why it is closing. Why would you expect Rubios to always stay open while offering a more expensive and inferior product?
@animeboy1212Ай бұрын
Thanks Newsom. Another reason to turn Cali back to red 🥊🙏🏻
@mevans4953
Ай бұрын
I don’t believe the people of Cali are reasonable enough to vote correctly to fix their state. The other states neighboring deserve a say in the final decisions of the state, since it affects us all.
@deebee4575Ай бұрын
This is already 8 major restaurant chains leaving California forever, and the last year alone.
@dapinkcatАй бұрын
Gavin Newsome. Absolutely destroying this state City by City.
@NerdyRed23
Ай бұрын
This is why I call him newscum nuisance gruesome because he's a monster and a pos
@mevans4953
Ай бұрын
If those in the military had their vote count things would be very different. Instead dthey’re canceled out by high school students.
@Karina_EngrАй бұрын
This was predicted by financial people. I’m not surprised.
@TheKing75691Ай бұрын
The rent in those places got to be ridiculous
@wizerdjuice9589Ай бұрын
When government tells you how to run a business
@bvannie93Ай бұрын
People have less money and are more conscious about what they eat. Rubio's has a ton of competition so that made sense to me. I am cooking at home more this year not because I set a goal for myself but just because my behavior changed on its own.
@joysmith7425
Ай бұрын
People should be able to eat want they want. It's there business. Not anyone else's
@davidlaney6153Ай бұрын
We will out in Cali during the winter and half of the restaurants were empty, kitchens were closing at 8 pm, but you can still buy alcohol until 2 am...portions left us hungry and poor....never again!
@fbi_black_van4320Ай бұрын
Those fish tacos were really delicious.
@GreylinАй бұрын
Greedflation, meanwhile the big food and gas producers are smashing record profits. That’s what happens when they don’t have to pay taxes, they just get greedier
@dave0051
Ай бұрын
Bahahahaha oh it's not the fault of Newsome and Biden. Man you people are so gd delusional.
@jallen1227Ай бұрын
So what does Anneisha Williams think ?
@RatTerminatorАй бұрын
Keep up good work Newsome 👏 🙌 😂
@bm373Ай бұрын
Record profits for fast food upper management. Franchise owners and restaurant employees gets screwed. ✌️🇺🇲
@andyski5748Ай бұрын
Rubio's? In SD? Why would you do that with all the mom and pop Mexican restaurants?
@lablabdogАй бұрын
inflation and newsom.
@hamstergodfufurufufu884217 күн бұрын
Californians presently are eating healthier, so for very long time the fast food restaurants were not doing well, but new restaurants with healthier choices are popping up like crazy.
@KRev-nb7gcАй бұрын
Resturants have been folding here waaaay before covid...
@thomasgentry6201
Ай бұрын
Bull!
@josephohanlon205Ай бұрын
Imagine the sleazy Gov. Gruesome, being the last minute 'shoo-in' for Corn Pop at the last minute.... rejoice!
@johantrenier1685Ай бұрын
They messed up their menu a while ago. The quality has been poor for min 10 years.
@Arpon001Ай бұрын
No more tuesday one dollar fish taco 😳
@joeyGalileoHotto
Ай бұрын
It's now $2.50 on Tuesdays I remember back in 2007 when a Fish Taco was $1.00 on Tuesday's at Rubios
@Arpon001
Ай бұрын
@@joeyGalileoHotto yea expensive 😬
@PatriciaLucious-ll2vmАй бұрын
Cause the 400 yrs r up.
@AlltypzАй бұрын
Rubio's was sold years ago to a corporate loser who tried the "Impossible meat" hype. I grew up by the first Rubio that opened. I remember a .99 cent fish taco that was great. Anything after failed.
@JWISKI2010Ай бұрын
Thank God inflation is only transitory. Lol
@mevans4953Ай бұрын
4 out of 5 businesses fail in California in the first 7 years. It’s no wonder. It’s the people.
@christophermyers3758Ай бұрын
Who knew STAYING HOME was the new NORMAL?! 🤔🤣
@richie2082Ай бұрын
I am from San Diego and enjoyed Rubios mostly 25 plus years ago. Once in a while I'll still go there on Taco Tuesday, when their tacos are hugely discounted, otherwise they are over priced. Often their tacos aren't that great and fried for too long. I won't miss them, lots of better places to eat for less.
@red37i59
Ай бұрын
But you or your family will still vote D right? 😂😂😂. Stop bitchin then 😂😂😂.
@belair344Ай бұрын
Not close in mira mesa not yet SAS closing yes is getting expensive to eat out
@rbfarrell1Ай бұрын
Things are looking so good. Millions of illegals in the country and unemployment rising. All those businesses paid taxes and now they don't. California is billions in debt and growing.
@SkankHuntForty2
Ай бұрын
😂 Don't forget about the absurdly high stock market.
@LSPalm
Ай бұрын
Restaurant kitchens used to mainly hire undocumented to save money. Learn the business
@kathymcclain3056
Ай бұрын
@@SkankHuntForty2 Ya, because that helps struggling Americans.
@patrickmccarthy6798Ай бұрын
The president said inflation was under control. Was he blowing smoke?
@user-ms5ed6kd2jАй бұрын
How 'bout stupid high lease contracts too. Just like after the economic crash in 2008 -09.
@So-rp6enАй бұрын
Low quality reporting here. Thatcollege professor held back quite a bit.
@archcrump7256Ай бұрын
Businesses need to move to a State that are Business Friendly.
@kathymcclain3056Ай бұрын
$20 an hour min wage = layoffs and closures. Who would have thought? Anybody with a brain.
@Kenneth-nq2tyАй бұрын
People need to ask gavin newsom
@OGHiddenpawАй бұрын
All franchise businesses go under all the time in California and because of the franchise fees being out of control while having to also buy all the ingredients from the company and then having to pay all your business taxes and paying your employees, you got thin margin lines for profit. This has nothing to do with you some companies do not want to give their franchises a break.
@danielamaro3114Ай бұрын
Probably because the food sucks, the quality of food in Rubio's had been declining for years; blaming the minimum wage hike is the new excuse now. 😮😂
@sherric.6621Ай бұрын
Come to Florida! We love tacos!!!
@wizerdjuice9589Ай бұрын
FJB
@miketheyunggod2534Ай бұрын
Commyfornia.
@sbfhawk4343Ай бұрын
No No not the Blackened Talapia Tacos or Mahi Mahi dang it ...
@Registered_DemocratАй бұрын
We all now why the restaurants are closing. It's really grotesque though how propagandists will make excuses for destructive Democrat policies
@davidlaney6153Ай бұрын
Seriously why ask??? Everyone knows that Cali is a sh*t show...
@AlltypzАй бұрын
P.S. Catholics....pay attention to the magnetic menus they switch out on fridays to charge more for fish. ;)
@scottsutton140Ай бұрын
Because we have incompetent voters.
@youtubesucks1499Ай бұрын
Its no longer profitable to operate in California
@user-ev5mu5el4jАй бұрын
Most of these closing are because of greedy landlords and greedy equity firms. Do your homework, people!!!!!!!!
@joysmith7425Ай бұрын
California will soon stop all tax returns
@politicsuncensored5617Ай бұрын
Your subject line is kinda a joke wouldn't you say? Consider the increase in wages by Gov. Tiresom and the increase of all goods greatly in the past 3 years~! Shalom
@rebeccaoprea9917Ай бұрын
This was bound to happen with the current administration and the way the pandemic was handled. It’s not sustainable for the business or customers.
@joysmith7425Ай бұрын
Newsom sucks
@joysmith7425Ай бұрын
You should be able to eat what you want. Its nobody's business but yours
@yootoobvyooerАй бұрын
Glad they are finally getting a clue and getting the F out. California doesn't want these businesses and made policy that's very difficult for them, yet they still stuck around for decades completely clueless.
@davidlee1671Ай бұрын
Good job newsome and democrats. Businesses are closing in CA...
@johnwhatever8000Ай бұрын
Do you people not remember you closed these businesses for years so old people didn’t catch a cold?
@ranchero7406Ай бұрын
Now the self employed unregulated Corner Street Cart Vendor, Senor Rubio will be selling the fish tacos for the same price as overpriced bacon wrapped hot dogs!!
@lg5683Ай бұрын
Thank you liberals good job- FJB and F Gavin too
@VulcanLogicАй бұрын
Red Lobster and Rubios were already circling the bowl, mostly due to poor (and for Red Lobster deliberately poor) management, both declaring bankruptcy recently. Rubio's ceased operations in Florida in 2020, when the Florida minimum wage was still $8.56. Red Lobster didn't go down to endless shrimp, it went down because the private equity that bought it sold their buildings and then leased them back, keeping all the cash for themselves. But McDonald's is posting record profits and 33% margins even after the wage hikes, and In-and-Out is still posting 20% margins while paying employees $20 an hour and keeping their prices under $10. Just another straight-up "blame labor" propaganda story from CBS 8. Without the gouging, prices would still be under $10 here, just like it is at In-and-Out.
@yilmazkurt8584
Ай бұрын
Sorry, but you can't compare Red Lobster to McDonald's. Their target market is totally different. Are you a business owner? Have you ever run a restaurant like Red Lobster in your lifetime?
@VulcanLogic
Ай бұрын
@@yilmazkurt8584Oh look a corporate lickspittle is here to do a red herring.
@VulcanLogic
Ай бұрын
@@yilmazkurt8584 I know you can't, but this news article deceptively tries to do just that. I ran a casual dining restaurant for 7 years and before that I did front of house for a AAA 5 diamond property. I now own and run a real estate consulting firm. The point of this propaganda news article is to try and get people mad about the $20 an hour, which is clearly not affecting fast food like you think it is. Moreover, restaurants like Red Lobster are NOT required to pay $20 an hour; they can pay $16. So this article makes the false comparison which both you and I object to, for different reasons it seems. I don't like the dishonesty, you do.
@thatslife7144Ай бұрын
You Get what you vote for! Expect this to continue happening; Elect A Governor like Newsome and this is what you’d Best Get used to! I think it’s High time Voters face Ramifications for the low information/Stubborn And Vote Blue-No matter who Style of Voting! Enjoy the fruits of Labor- You’ll Get no Sympathy from Me.
@RollingThunder5880
Ай бұрын
Voting is rigged.
@thatslife7144
Ай бұрын
@@RollingThunder5880 That’s Definitely Part of It, But If Californians Were Truly Serious about Electing better leadership, their Overwhelming Vote would overcome that… If anybody has doubts about the Voting system in that State then it’s Time to Move to Greener Pastures; Not easy to be sure, But Voters there are pretty Much Set in their Ways, So things Aren’t Likely to Get better (Or cheaper) Best try to make the move happen, Especially if you Have Children
@RollingThunder5880
Ай бұрын
@@thatslife7144 Name one time people "voted" their way out of communism/tyranny.
@thatslife7144
Ай бұрын
@@RollingThunder5880 you Need to Take some sort of Action- in my opinion,this country hasn’t Devolved That far to where you can’t Take it back from Tyrants, But if Nothing is done, that’s exactly what will happen! if Voting Doesn’t Sound like A Good Idea than you need to leave the State, Or At least move to a Less- Far left Area, but Staying and doing nothing is Just Accepting Defeat and Embracing Tyranny, It won’t Defeat Itself
@thatslife7144
Ай бұрын
@@RollingThunder5880It looks like KZread doesn’t want me to Answer, My Comments Will not Appear
@scalwaysАй бұрын
Jajajajajaja 😅
@RatTerminatorАй бұрын
Keep voting Criminalcrat!!😂
@nachc6459Ай бұрын
Why? 😂 still asking why? Bidenomics
@grayrabbit2211Ай бұрын
California Regulations, period.
@MrJuvefrankАй бұрын
Whoever wanted it this way will say this isn't a socioeconomic depression, but he's the biggest liar.
@jsayin1Ай бұрын
newsom bidenomics
@AbhiAnand-vn4rqАй бұрын
Bidenomics
@jaminova_1969Ай бұрын
Why? What The???? I mean how can business not thrive in this booming economy and bastion of economic success? Not every city has free, public sponsored street performers plying their art in front of local establishments. Who doesn't want a smelly TB carrying homeless bum asking for money when you grab a bite to eat? And how can small business not prosper with such quality employees paid the highest wages in the food service industry, staring at their cell phones while on duty and giving the customers attitude? One would have to assume that perhaps the politicians didn't know what they were doing, and we all know that government knows best, no?
@MaouOfMonstersАй бұрын
The Mexicants.
@Bitco10000Ай бұрын
I don't understand why vote democrats and crying about it economy
@lagunabeachtrashpickup.cle6293Ай бұрын
If you have to ask Why?, then you are not paying attention.
@jaminova_1969
Ай бұрын
No kidding! It's one thing to be ignorant, but to be totally clueless to the events of the last 20-30 years? Seeing so many small business go under due to economic stress and lawlessness tells me everything I need to know. I didn't even watch the clip, I'm just here for the comments!
Пікірлер: 162
My husband and I never eat out. We just cannot afford it. Especially when I can make 4x more food that is just as good at home for the same price…
@j.d.contreras392
Ай бұрын
I agree. It's just not worth it anymore. And plus you have to tip the waiters that are already making 20 dollars an hour.
newsom is helping with his excellent leadership
@andyide710
Ай бұрын
LMAO Yea, How he handled with Panera Bread!
@thomasgentry6201
Ай бұрын
Dont forget Todd Gloria and Senile Joe Biden!
@joeyGalileoHotto
Ай бұрын
San Diego was one of the few great cities left in California during the late 2010's under Falcouner's leadership and the democrats thought "Nope, we can't have that" and turned the city into Los Angeles.
@thomasgentry6201
Ай бұрын
@@joeyGalileoHotto Very True! Roger Hedgecock had issues but a Good Mayor. 80s and 90s San Diego once upon a time a Jewel for California.
@mevans4953
Ай бұрын
President Trump should get rid of Newsome.
Do better CBS 8. Rubios was sold to private equity and restructured poorly in 2020. They were doomed to fail regardless
@youtubesucks1499
Ай бұрын
Do better, it's not profitable to do business in California
@joeyGalileoHotto
Ай бұрын
Agreed. Rubios was way better a decade ago.
@gadgetimpulse3833
Ай бұрын
@@youtubesucks1499 is that why in n out pays its employees much higher than $20/hr and charges much less for their food but yet is expanding faster than ever?
@youtubesucks1499
Ай бұрын
@@gadgetimpulse3833 In and Out is a PRIVATELY family owned business with zero franchises. Have you actually studied their business model? My guess is no based on your comments
@gadgetimpulse3833
Ай бұрын
@@youtubesucks1499 and?
20 dollar per hour minimum wage, higher supply costs = closings. Blame Newsom.
@skeptic_al
Ай бұрын
Seems like a reasonable equation, right? But wait…are there other factors? Red Lobster shut down nationally, not just CA. Covid affected restaurants globally. Historically low unemployment has affected hiring nationally. Inflation has affected consumer pricing globally. And in the case of Salud Taco, the problem was the landlord. So, huh. It seems more complex than x+y=z
@jonnyfendi2003
Ай бұрын
@@skeptic_al but Rubios specified that it is only closing stores in California vs the Nevada and Arizona locations. You do the math!!!
@mevans4953
Ай бұрын
Businesses need to stop interacting with California. It hurts the rest of the country.
@r1.454
28 күн бұрын
Keep voting democrat
@mevans4953
28 күн бұрын
@@r1.454 Most people refuse to acknowledge democrats. It’s either a centrist Republican or to the right Libertarian
Because we have an incompetent Govenor.
inflation depression stagflation
Because they have to pay the workers $15-$20 an hour, maybe? 🙄🙄🙄 Couldn’t see this coming a mile away?
The people of California voted for this.
@Mikey122687
Ай бұрын
NOT ALL OF US DID, SO DON'T GROUP US TOGETHER WITH THOSE WHO DID
@danielshepard7357
Ай бұрын
You’re clueless millions of imported illegals voted for this and please believe it’s already arrived in every state if you haven’t been paying attention.
taxes regulation taxes regulation and more of the same
Go Blue go broke
"Newsomnomics", It's working.
@joysmith7425
Ай бұрын
No this is not working. California has turned into a s#$#hole.
Mike's red tacos just opened a new location.
@frankthetank4101
Ай бұрын
I still need to check that place out.
But you people keep voting blue🤷🏻🤷🏻🤦🏻🤦🏻
@thefourhorsemen91
Ай бұрын
Some of the dumbest voters on the planet.
Rubios was up there as expensive as Oscars but worst flavor and comparable to the food trucks but more expensive. Why would you go to Rubios? Thats why it is closing. Why would you expect Rubios to always stay open while offering a more expensive and inferior product?
Thanks Newsom. Another reason to turn Cali back to red 🥊🙏🏻
@mevans4953
Ай бұрын
I don’t believe the people of Cali are reasonable enough to vote correctly to fix their state. The other states neighboring deserve a say in the final decisions of the state, since it affects us all.
This is already 8 major restaurant chains leaving California forever, and the last year alone.
Gavin Newsome. Absolutely destroying this state City by City.
@NerdyRed23
Ай бұрын
This is why I call him newscum nuisance gruesome because he's a monster and a pos
@mevans4953
Ай бұрын
If those in the military had their vote count things would be very different. Instead dthey’re canceled out by high school students.
This was predicted by financial people. I’m not surprised.
The rent in those places got to be ridiculous
When government tells you how to run a business
People have less money and are more conscious about what they eat. Rubio's has a ton of competition so that made sense to me. I am cooking at home more this year not because I set a goal for myself but just because my behavior changed on its own.
@joysmith7425
Ай бұрын
People should be able to eat want they want. It's there business. Not anyone else's
We will out in Cali during the winter and half of the restaurants were empty, kitchens were closing at 8 pm, but you can still buy alcohol until 2 am...portions left us hungry and poor....never again!
Those fish tacos were really delicious.
Greedflation, meanwhile the big food and gas producers are smashing record profits. That’s what happens when they don’t have to pay taxes, they just get greedier
@dave0051
Ай бұрын
Bahahahaha oh it's not the fault of Newsome and Biden. Man you people are so gd delusional.
So what does Anneisha Williams think ?
Keep up good work Newsome 👏 🙌 😂
Record profits for fast food upper management. Franchise owners and restaurant employees gets screwed. ✌️🇺🇲
Rubio's? In SD? Why would you do that with all the mom and pop Mexican restaurants?
inflation and newsom.
Californians presently are eating healthier, so for very long time the fast food restaurants were not doing well, but new restaurants with healthier choices are popping up like crazy.
Resturants have been folding here waaaay before covid...
@thomasgentry6201
Ай бұрын
Bull!
Imagine the sleazy Gov. Gruesome, being the last minute 'shoo-in' for Corn Pop at the last minute.... rejoice!
They messed up their menu a while ago. The quality has been poor for min 10 years.
No more tuesday one dollar fish taco 😳
@joeyGalileoHotto
Ай бұрын
It's now $2.50 on Tuesdays I remember back in 2007 when a Fish Taco was $1.00 on Tuesday's at Rubios
@Arpon001
Ай бұрын
@@joeyGalileoHotto yea expensive 😬
Cause the 400 yrs r up.
Rubio's was sold years ago to a corporate loser who tried the "Impossible meat" hype. I grew up by the first Rubio that opened. I remember a .99 cent fish taco that was great. Anything after failed.
Thank God inflation is only transitory. Lol
4 out of 5 businesses fail in California in the first 7 years. It’s no wonder. It’s the people.
Who knew STAYING HOME was the new NORMAL?! 🤔🤣
I am from San Diego and enjoyed Rubios mostly 25 plus years ago. Once in a while I'll still go there on Taco Tuesday, when their tacos are hugely discounted, otherwise they are over priced. Often their tacos aren't that great and fried for too long. I won't miss them, lots of better places to eat for less.
@red37i59
Ай бұрын
But you or your family will still vote D right? 😂😂😂. Stop bitchin then 😂😂😂.
Not close in mira mesa not yet SAS closing yes is getting expensive to eat out
Things are looking so good. Millions of illegals in the country and unemployment rising. All those businesses paid taxes and now they don't. California is billions in debt and growing.
@SkankHuntForty2
Ай бұрын
😂 Don't forget about the absurdly high stock market.
@LSPalm
Ай бұрын
Restaurant kitchens used to mainly hire undocumented to save money. Learn the business
@kathymcclain3056
Ай бұрын
@@SkankHuntForty2 Ya, because that helps struggling Americans.
The president said inflation was under control. Was he blowing smoke?
How 'bout stupid high lease contracts too. Just like after the economic crash in 2008 -09.
Low quality reporting here. Thatcollege professor held back quite a bit.
Businesses need to move to a State that are Business Friendly.
$20 an hour min wage = layoffs and closures. Who would have thought? Anybody with a brain.
People need to ask gavin newsom
All franchise businesses go under all the time in California and because of the franchise fees being out of control while having to also buy all the ingredients from the company and then having to pay all your business taxes and paying your employees, you got thin margin lines for profit. This has nothing to do with you some companies do not want to give their franchises a break.
Probably because the food sucks, the quality of food in Rubio's had been declining for years; blaming the minimum wage hike is the new excuse now. 😮😂
Come to Florida! We love tacos!!!
FJB
Commyfornia.
No No not the Blackened Talapia Tacos or Mahi Mahi dang it ...
We all now why the restaurants are closing. It's really grotesque though how propagandists will make excuses for destructive Democrat policies
Seriously why ask??? Everyone knows that Cali is a sh*t show...
P.S. Catholics....pay attention to the magnetic menus they switch out on fridays to charge more for fish. ;)
Because we have incompetent voters.
Its no longer profitable to operate in California
Most of these closing are because of greedy landlords and greedy equity firms. Do your homework, people!!!!!!!!
California will soon stop all tax returns
Your subject line is kinda a joke wouldn't you say? Consider the increase in wages by Gov. Tiresom and the increase of all goods greatly in the past 3 years~! Shalom
This was bound to happen with the current administration and the way the pandemic was handled. It’s not sustainable for the business or customers.
Newsom sucks
You should be able to eat what you want. Its nobody's business but yours
Glad they are finally getting a clue and getting the F out. California doesn't want these businesses and made policy that's very difficult for them, yet they still stuck around for decades completely clueless.
Good job newsome and democrats. Businesses are closing in CA...
Do you people not remember you closed these businesses for years so old people didn’t catch a cold?
Now the self employed unregulated Corner Street Cart Vendor, Senor Rubio will be selling the fish tacos for the same price as overpriced bacon wrapped hot dogs!!
Thank you liberals good job- FJB and F Gavin too
Red Lobster and Rubios were already circling the bowl, mostly due to poor (and for Red Lobster deliberately poor) management, both declaring bankruptcy recently. Rubio's ceased operations in Florida in 2020, when the Florida minimum wage was still $8.56. Red Lobster didn't go down to endless shrimp, it went down because the private equity that bought it sold their buildings and then leased them back, keeping all the cash for themselves. But McDonald's is posting record profits and 33% margins even after the wage hikes, and In-and-Out is still posting 20% margins while paying employees $20 an hour and keeping their prices under $10. Just another straight-up "blame labor" propaganda story from CBS 8. Without the gouging, prices would still be under $10 here, just like it is at In-and-Out.
@yilmazkurt8584
Ай бұрын
Sorry, but you can't compare Red Lobster to McDonald's. Their target market is totally different. Are you a business owner? Have you ever run a restaurant like Red Lobster in your lifetime?
@VulcanLogic
Ай бұрын
@@yilmazkurt8584Oh look a corporate lickspittle is here to do a red herring.
@VulcanLogic
Ай бұрын
@@yilmazkurt8584 I know you can't, but this news article deceptively tries to do just that. I ran a casual dining restaurant for 7 years and before that I did front of house for a AAA 5 diamond property. I now own and run a real estate consulting firm. The point of this propaganda news article is to try and get people mad about the $20 an hour, which is clearly not affecting fast food like you think it is. Moreover, restaurants like Red Lobster are NOT required to pay $20 an hour; they can pay $16. So this article makes the false comparison which both you and I object to, for different reasons it seems. I don't like the dishonesty, you do.
You Get what you vote for! Expect this to continue happening; Elect A Governor like Newsome and this is what you’d Best Get used to! I think it’s High time Voters face Ramifications for the low information/Stubborn And Vote Blue-No matter who Style of Voting! Enjoy the fruits of Labor- You’ll Get no Sympathy from Me.
@RollingThunder5880
Ай бұрын
Voting is rigged.
@thatslife7144
Ай бұрын
@@RollingThunder5880 That’s Definitely Part of It, But If Californians Were Truly Serious about Electing better leadership, their Overwhelming Vote would overcome that… If anybody has doubts about the Voting system in that State then it’s Time to Move to Greener Pastures; Not easy to be sure, But Voters there are pretty Much Set in their Ways, So things Aren’t Likely to Get better (Or cheaper) Best try to make the move happen, Especially if you Have Children
@RollingThunder5880
Ай бұрын
@@thatslife7144 Name one time people "voted" their way out of communism/tyranny.
@thatslife7144
Ай бұрын
@@RollingThunder5880 you Need to Take some sort of Action- in my opinion,this country hasn’t Devolved That far to where you can’t Take it back from Tyrants, But if Nothing is done, that’s exactly what will happen! if Voting Doesn’t Sound like A Good Idea than you need to leave the State, Or At least move to a Less- Far left Area, but Staying and doing nothing is Just Accepting Defeat and Embracing Tyranny, It won’t Defeat Itself
@thatslife7144
Ай бұрын
@@RollingThunder5880It looks like KZread doesn’t want me to Answer, My Comments Will not Appear
Jajajajajaja 😅
Keep voting Criminalcrat!!😂
Why? 😂 still asking why? Bidenomics
California Regulations, period.
Whoever wanted it this way will say this isn't a socioeconomic depression, but he's the biggest liar.
newsom bidenomics
Bidenomics
Why? What The???? I mean how can business not thrive in this booming economy and bastion of economic success? Not every city has free, public sponsored street performers plying their art in front of local establishments. Who doesn't want a smelly TB carrying homeless bum asking for money when you grab a bite to eat? And how can small business not prosper with such quality employees paid the highest wages in the food service industry, staring at their cell phones while on duty and giving the customers attitude? One would have to assume that perhaps the politicians didn't know what they were doing, and we all know that government knows best, no?
The Mexicants.
I don't understand why vote democrats and crying about it economy
If you have to ask Why?, then you are not paying attention.
@jaminova_1969
Ай бұрын
No kidding! It's one thing to be ignorant, but to be totally clueless to the events of the last 20-30 years? Seeing so many small business go under due to economic stress and lawlessness tells me everything I need to know. I didn't even watch the clip, I'm just here for the comments!