{"id":934356,"date":"2021-10-28T19:43:49","date_gmt":"2021-10-28T23:43:49","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=934356"},"modified":"2021-10-28T19:43:50","modified_gmt":"2021-10-28T23:43:50","slug":"report-mcdonalds-raises-prices-closes-stores-as-worker-shortage-continues","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-mcdonalds-raises-prices-closes-stores-as-worker-shortage-continues\/","title":{"rendered":"Report: McDonald&#039;s Raises Prices, Closes Stores as Worker Shortage Continues"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Freport-mcdonalds-raises-prices-closes-stores-as-worker-shortage-continues%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=934356&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">McDonald\u2019s says they are forced to raise menu prices as worker wages climb, as well as close down some restaurants due to labor shortages and slower service in some locations, according to reports.<\/p>\n<p>The burger giant is&nbsp;raising menu prices in order to sustain the&nbsp;rapidly growing costs of supplies and wages, <a href=\"https:\/\/www.wsj.com\/articles\/mcdonalds-sales-rise-as-u-s-menu-prices-climb-11635332402\">according<\/a> to the <em>Wall Street Journal<\/em>. The report indicated that the company had increased salaries by at least ten percent this year alone.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>The report added that the company also has to pay more for&nbsp;paper, food, and other supplies and expected the&nbsp;commodity costs to go up anywhere between&nbsp;3.5 percent to four percent. Unfortunately,&nbsp;executives said the prices in the U.S. are up roughly six percent from last year, which will trickle down to the consumer.<\/p>\n<p>The <em>WSJ&nbsp;<\/em>reported:<\/p>\n<blockquote readability=\"31.477642276423\">\n<p>McDonald\u2019s said that bigger order sizes and higher prices increased its revenue in the U.S., as did <a class=\"icon none\" href=\"https:\/\/www.wsj.com\/articles\/mcdonalds-chick-fil-a-popeyes-and-other-chains-bite-into-the-fervor-for-chicken-sandwiches-11611052200?mod=article_inline\" target=\"_blank\" rel=\"noopener\">its new crispy chicken sandwich<\/a> and celebrity-endorsed meals. Diners are placing more to-go orders and buying for larger groups than before the pandemic, contributing to higher sales per customer, executives said.<\/p>\n<p>\u2026<\/p>\n<p>McDonald\u2019s, the world\u2019s biggest burger chain, said that it had fewer Covid-19-related restaurant closures over the past quarter in major markets such as Canada, France and Germany, helping McDonald\u2019s sales in those countries. Still, <a class=\"icon none\" href=\"https:\/\/www.wsj.com\/articles\/vaccine-health-pass-fuels-french-protests-11627748518?mod=article_inline\" target=\"_blank\" rel=\"noopener\">vaccine health pass requirements in France<\/a> and quarantine orders in Australia, for example, made operations more challenging, the company said.<\/p>\n<p>In the U.S., roughly 3,000 McDonald\u2019s dining rooms remain closed in areas with high Covid-19 infection rates, or roughly 20% of locations. U.S. sales remain elevated at drive-throughs, online and through delivery, even after reopening a location\u2019s dining room, executives said.<\/p>\n<\/blockquote>\n<p>\u201cCertainly I was hoping and expecting that we were going to see the situation improve maybe a little bit more quickly than what\u2019s materialized,\u201d said Chief Executive Chris Kempczinski, according to the <em>WSJ<\/em>.<\/p>\n<p>In addition, McDonald\u2019s claimed that it has struggled in finding workers that will be able to \u201cserve customers as quickly as possible and keep its stores open at full hours\u201d even with high wages, which has increased by around five percent since the second quarter and averaging 15 percent on the year.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<div id=\"attachment_18509498\" class=\"wp-caption alignnone\" readability=\"40\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-18509498\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/10\/mcdonalds-fight-for-15-getty.jpg\" alt width=\"640\" height=\"480\" \/><\/p>\n<p class=\"wp-caption-text\">An employee of McDonald\u2019s protests outside a branch restaurant for a raise in their minimum wage to $15 an hour, in Fort Lauderdale on May 19, 2021. \u2013 South Floridian Deatrice Edie keeps her home\u2019s belongings packed and ready to go. She hasn\u2019t paid rent in several months and expects an imminent eviction. Deatrice works three jobs, one of which is at a Fort Lauderdale McDonald\u2019s, but despite the long hours and hard labor, the 41 year old struggles to sustain her family of seven. Today she joins her coworkers in demanding a higher minimum wage. (Photo by CHANDAN KHANNA\/AFP via Getty Images)<\/p>\n<\/div>\n<p>Business Insider&nbsp;<a href=\"https:\/\/www.businessinsider.com\/labor-shortage-mcdonalds-service-slower-restaurants-closing-earlier-staff-prices-2021-10\">reported<\/a> that due to the inability to find workers, \u201cRestaurants have been cutting their hours\u201d and are \u201cexpected to remain short-staffed well into 2022.\u201d<\/p>\n<p>The labor shortage is \u201calso putting some pressure around speed of service,\u201d Kempczinski said, according to Business Insider, adding that the restaurants were \u201cdown a little bit on speed of service over the last year-to-date.\u201d<\/p>\n<p>\u201cSome McDonald\u2019s restaurants have been shutting their dining rooms, too, like one in North Carolina that said it couldn\u2019t find enough staff to operate as usual,\u201d Business Insider added.<\/p>\n<p>\u201cThat\u2019s also a function of not being able to have the restaurants fully staffed,\u201d Kempczinski said.<\/p>\n<p><i>Jacob Bliss is a reporter for Breitbart News. You can follow him on <\/i><a href=\"https:\/\/twitter.com\/jacobmbliss\"><i>Twitter<\/i><\/a><i>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>McDonald\u2019s says they are forced to raise menu prices as worker wages climb, as well as close down some restaurants due to labor shortages and slower service in some locations, &#8230;<\/p>\n","protected":false},"author":20,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-934356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/934356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=934356"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/934356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=934356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=934356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=934356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}