Governor Of California PANICS After Rubio's ANNOUNCES CLOSURE Of California Restaurants скачать в хорошем качестве

Governor Of California PANICS After Rubio's ANNOUNCES CLOSURE Of California Restaurants

Rubio’s Coastal Grill was once a California fast-casual success story, built on fresh fish tacos and steady expansion across the West. But in May 2024, the chain abruptly shut down 48 California locations and days later filed for Chapter 11 bankruptcy. In this video, we break down what really happened behind the headlines: how California’s $20 fast food minimum wage under Assembly Bill 1228 changed labor costs overnight, why thin restaurant profit margins left little room to adapt, and how rising food prices, rent, utilities, debt, and lower foot traffic pushed already struggling locations over the edge. Using Rubio’s own statements, bankruptcy filings, and industry data, this is a clear-eyed look at why dozens of restaurants closed, what it means for workers and communities, and what Rubio’s story reveals about the future of fast food in California. Covering the following topics, Rubio’s Coastal Grill, Rubio’s bankruptcy, California restaurant closures, fast food minimum wage, AB 1228 explained, $20 minimum wage California, California fast food crisis, restaurant industry collapse, Chapter 11 bankruptcy, private equity restaurants, Mill Road Capital, TREW Capital Management, San Diego restaurants, Los Angeles restaurant closures, Northern California restaurants, rising cost of doing business, fast food profit margins, labor costs California, food inflation restaurants, restaurant layoffs, California economy, fast casual chains, why restaurants are closing, fast food jobs California, and wage law impact