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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]
A chipotle (/ tʃ ɪ ˈ p oʊ t l eɪ /, / tʃ ɪ ˈ p ɒ t l eɪ /, chi-POHT-leh, chi-POT-leh; Spanish: [tʃiˈpotle]), or chilpotle, is a smoke-dried ripe jalapeño chili pepper used for seasoning. It is a chili used primarily in Mexican and Mexican-inspired cuisines , such as Tex-Mex and Southwestern United States dishes.
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 ]
The price increases were implemented at about 440 of Chipotle's more than 2,200 restaurants nationwide, or about 20% of the chain's locations. Chipotle is quietly raising prices during its worst ...
Chipotle's are up about 181% and Costco's are up 127% (cumulatively) over that time, which is similar but actually slower growth than McDonald's in the 1970s. With the stock prices soaring, a lot ...
Last year, Chipotle bought 36 thousand pounds of the produce from him, most of which ended up being used in the Oceanside, California area. 3. Individual stores pulled in an average of over 2 ...
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Joe Raedle/Getty Images Extra Meat, Extra Cheese, Extra Inflation There are few restaurants of any variety as beloved as Chipotle in this country, and value is a big reason for a lot of people.