Seeing more stories today about this continuing.
If these folks want their wages raised from $7.25 per hour to $15.00 per hour, doesn't that mean that all the rest of us will need to get our wages doubled as well, thus making money worth less, and putting them right back in the poop.
I assume this is TIC, yes?
Let's say this does happen then where will this lead?
Bigger FF joints will push more and more for automation. IIRC McDonalds tested outsourcing their drive through order system about 10 years ago. I would also expect more automated kiosks, and more push in the delivery system for microwaved food.
Smaller FF type joints will feel the wage pressure as well and this will hurt their ability to compete and innovate. (and I mean beyond Burger Kings BRILLIANT idea to put 4 (that's right 4) French fries on a dollar burger.
FF costs will go up. This will make the quick service places like Chili's/Applebees, etc... more attractive. I mean you will end up paying the same price for a meal at Chili's as you would at McDonalds, why not go to the Chilis?
I am sure there is lot's more to be expected but that's a start IMO