A Message from Deal Maker Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032. That’s why fast food brands are increasingly prioritizing a new technological movement: AI-powered kitchen automation. This shift is creating a fresh opportunity for investors too. Perfect timing too, as one of the first-movers in this space just announced that they officially moved from the prototype to the commercial phase (an evolution you can benefit from as an investor). This company’s newest automated technology is powered by 150,000+ hours of real-world experience across some of fast food’s biggest brands, like White Castle and Jack in the Box. Now, with their commercial-ready robot, they’re preparing to scale across the country’s 170+ fast food brands and 100,000+ locations. Learn more about this much-needed advancement and investment opportunity here. | 
No comments:
Post a Comment