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“For the first time in over a year,” said Laurie Schalow, Chipotle's chief corporate affairs officer, “We have taken a modest price increase of approximately 2% nationally to offset inflation."
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 ...
In the fast-casual chain’s 2024 third-quarter report, the company explained that the costs of several ingredients, primarily avocados and dairy, caused an increase in total revenue costs to 30.6 ...
In 2003, Raspberry Chipotle Salsa was introduced, followed by Mango Habanero salsa in 2006, solidifying the demand for “sweet heat.” Three new salsas were launched in 2009: Pomegranate, Tequila and Pineapple, the latter a Scovie Award winner, taking first place honors at the 2010 Fiery Foods & BBQ Show’s Scovie Awards Competition, the ...
The confirmation came following an analyst report dated Dec. 4 by Truist Securities financial group showing Chipotle had increased prices by 2% on proteins at 20% of its restaurant ... The Today Show.
Chipotle revealed the price increase after an analyst report released earlier this week by investment bank Truist Securities noted a 2% price increase at approximately 20% of the chain’s 3,500 U ...
Chipotle expects to raise its prices even more later in 2024 due to an upcoming fast-food minimum wage increase in California, under which workers will make at least $20 an hour starting on April 1.
Inflation may be cooling, but consumers’ outrage over higher prices is running hot. TikTok users blasted Walmart for rolling out digital shelf labels that allow it to quickly raise and lower prices.
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