Wendy’s Serves Up Kiosks As Wages Rise, Hits Fast-Food Group | Stock News & Stock Market Analysis – IBD

1617
0

Ice makers made ice-delivery people obsolete.

Bowling pin machines made bowling pin helpers obsolete.

ATM machines reduced the need for bank tellers.

Kiosks will reduce the number of cash register workers.

Soon, driverless cars will reduce the number of taxi-cab drivers.

In capitalism, progress is synonymous with creative destruction, and it is unavoidable.

Wendy’s said that self-service ordering kiosks will be made available across its 6,000-plus restaurants in the second half of the year as minimum wage hikes and a tight labor market push up w…

Read Full Story: Wendy’s Serves Up Kiosks As Wages Rise, Hits Fast-Food Group | Stock News & Stock Market Analysis – IBD