San Francisco McDonald’s shutters after 30 years in latest casualty of $20 minimum wage: ‘Gut-wrenching’
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SUMMARY
A longtime McDonald’s in San Francisco's Stonestown Galleria closed Sunday after over 30 years, citing California's new $20 minimum wage as a key factor. Franchise owner Scott Rodrick also blamed high property taxes, mall tenant fees, and unyielding rent negotiations. The closure follows other fast-food shutdowns in California, including a Hollywood Arby’s and several Rubio’s Coastal Grill locations, amid rising operational costs. Some chains, like McDonald’s, Wendy’s, and Starbucks, have increased prices up to 8%, leading to reduced customer traffic. Rodrick assured that all employees have been offered positions at other locations within his company.