Rubio's closes 13 locations in San Diego County
What impact is the increase in minimum wage for fast food workers expected to have on Rubio’s operations, according to University of San Diego Economics Professor Alan Gin?
According to University of San Diego Economics Professor Alan Gin, the increase in minimum wage for fast food workers is expected to have a significant impact on Rubio's operations. Rubio's Coastal Grill, which has been facing financial difficulties for a while, has decided to close 48 underperforming locations in California, including 13 in San Diego. The increase in the minimum wage from $16 per hour to $20 per hour is one of the factors that has contributed to the decision to close these locations. The closures are part of Rubio's strategic long-term plan to position the company for success in the future.
What specific reasons did Rubio’s Coastal Grill cite for closing 48 of their locations in California?
Rubio's Coastal Grill cited the rising cost of doing business in California as the reason for closing 48 of their locations in the state. The decision was made after a thorough review of their operations and the current business climate. The closures are part of their strategic long-term plan to position Rubio's for success in the future.
How many Rubio’s locations remain operational in California, Arizona, and Nevada after the recent closures?
After the recent closures, 86 Rubio's locations remain open in California, Arizona, and Nevada.