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Chipotle is raising its U.S. prices to offset inflation and to compensate for a promise to increase portion sizes. Chipotle’s chief corporate affairs officer, Laurie Schalow, confirmed Friday ...
Chipotle, founded by Steve Ells, opened its doors 30 years ago on July 13, 1993, on Evans Avenue in Denver, Colo. Hartung wasn’t there yet as he joined in 2002.
Despite these complaints, Chipotle reported a total revenue increase of 18.2% to $3.0 billion this quarter compared to the second quarter of 2023. The chain also opened 52 new company-operated ...
In Sweetgreen's latest quarter, co-founder and CEO Jonathan Neman said it provides a "faster and higher quality food experience." Sweetgreen's restaurant-level margin for the third quarter was 20.2%.
Chipotle announced on November 29, 2017, that Ells would step down as CEO following the appointment of a new CEO with "turnaround expertise." Ells served as executive chairman after the new CEO appointment, and served on the CEO search committee with fellow Chipotle board members Robin Hickenlooper and Ali Namvar. [ 14 ]
Chipotle Mexican Grill's food prices are increasing by approximately 2% to offset inflation costs, according to Chipotle’s chief corporate affairs officer Laurie Schalow.
Chipotle confirmed it is raising prices for the fourth time in two years in order to "offset inflation."
The Mexican food-inspired eatery recently made an upsetting announcement.