White Castle warns of price increases, robots

- White Castle says it may have to raise prices up to 50% because of New York's new $15 minimum wage.

According to Fox 5 News, the burger joint warns that it may also have to hire far fewer workers and may look into the possibility of using robots instead of workers.

New York lawmakers approved a wage hike that will be phased in by 2018 in New York City and a little later in other parts of the state.

In a recent interview Jamie Richardson, a company vice president, says about 30 percent of every dollar from sales goes to cover hourly worker salaries.

He says with many locations operating on a 1 or 2 percent net profit, automation would be a logical investment over employees.

The Ohio based company has about 50 locations in New York.

Up Next:

  • Popular

  • Recent

Stories you may be interested in - includes Advertiser Stories