1 Day
Source:
Los Angeles Times
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Co-founder doubts California Pizza Kitchen's success today
California Pizza Kitchen co-founder Rick Rosenfield stated that if he were to open the chain today, he would choose Florida over California due to the state's increasingly difficult business environment. He cited higher costs, taxes, and bureaucratic barriers in California, which have led many companies and billionaires to relocate to states like Florida and Tennessee. Despite California's strong economy and growth in sectors like artificial intelligence and space tech, Rosenfield highlighted that the state's regulatory climate makes expansion more expensive.
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