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Chipotle Mexican Grill, Inc. (/ tʃ ɪ ˈ p oʊ t l eɪ /, chih-POAT-lay), [3] often known simply as Chipotle, is an American multinational chain of fast casual restaurants specializing in bowls, tacos, and Mission burritos made to order in front of the customer. [4] [5] [6] As of June 30, 2024, Chipotle has 3,500 restaurants. [7]
Its parent company even bought out Chipotle’s own version of Asian fast casual, ShopHouse Southeast Asian Kitchen, and quickly converted those restaurants to Bibibops. ... Inventive chicken ...
Ackman first bought Chipotle shares in the third quarter of 2016. He increased Pershing Square's position by more than fivefold in the following quarter. However, Ackman has sold a lot more of the ...
In 2013, a few KFC locations in China supplied chicken found to contain "excess levels of chemical residue". Yum! had lost 6% of sales from publicity in China as of January 25, 2013. [31] The company opened its first restaurant in Ulaanbaatar, Mongolia, in May 2013. For Mongolia, KFC was the first western fast food to open its doors in the country.
Steve Ells (born September 12, 1965) [1] is an American businessman. He is the founder, former chief executive officer, and former executive chairman of Chipotle Mexican Grill.
This inexpensive rotisserie chicken chain once had nearly 350 locations across the United States, but has closed 95% of its restaurants since 2022, according to Restaurant Business. As of December ...
In April 1997, CKE Restaurants Holdings, Inc., the parent company of Carl's Jr., bought Hardee's from Imasco for $327 million. The merger created a chain of 3,828 restaurants – 3,152 Hardee's outlets in 40 states and 10 foreign countries and 676 Carl's Jr. outlets primarily in California. [ 19 ]
Chipotle Mexican Grill (NYSE: CMG) has long been a primary holding of Pershing Square Capital Management, the fund managed by billionaire Bill Ackman.His fund first bought the stock during the ...