We were featured in the Wall Street Journal. The low U.S. unemployment rate has led to increased competition in the labor market and wage increases across the board, which has many companies making tough decisions about where to cut costs and how to manage the increased wage demand. Toppers Pizza Chief Financial Officer Kendall Richmond talks about the challenges the booming pizza company is facing and how they’re approaching them, and used the company as the lead for her story and as an example of what businesses from McDonalds to Walmart are facing. Richmond discusses the work being done to make sure not to transfer the costs to consumers by increasing prices. He also touches on the impact that wage increase have, but how retraining new workers comes at a cost as well.
Read more here.
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