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Chipotle Mexican Grill

Financing

Restaurants join the layoff party

 By Jonathan Maze on Jun. 08, 2023

The Bottom Line: Chipotle’s corporate layoffs follow actions by McDonald’s and Wendy’s, though the companies insist it’s not all about any looming recession.

Operations

Chipotle cuts 25 jobs from corporate support centers

 By Lisa Jennings on Jun. 06, 2023

A reorganization in May also included adding new roles in an ongoing effort to deliver on aggressive growth goals, the company said.

Operations

Former Wendy's exec to lead development at Chipotle

By Lisa Jennings on May 31, 2023

Joining the fast-casual Chipotle on June 19, Stephen Piacentini replaces CDO Tabassum Zalotrawala, who moved to McDonald's earlier this year.

Technology

Chipotle founder Steve Ells is developing a new automated restaurant to be called Kernel

By Lisa Jennings on May 25, 2023

Expected to debut in New York City late this year, the robotic concept can reportedly be operated with as few as three people in roughly 800-square feet.

Operations

Chipotle wants to celebrate Cinco de Mayo with First Timers

By Lisa Jennings on May 01, 2023

This year's promotion taps users of the new event-planning platform Partiful, with BOGOs designed to bring in people who have never tried Chipotle before.

Financing

Chipotle regains its status as a Wall Street darling

By Jonathan Maze on Apr. 28, 2023

The Bottom Line: The fast-casual Mexican chain’s stock is over $2,000 per share as investors put money back into restaurants in 2023.

Operations

Chipotle's lower-income guests are coming back and menu price hikes are off the table, for now

By Lisa Jennings on Apr. 25, 2023

Efforts to improve operations paid off in the first quarter and a Tik Tok-fueled promotion reached new digital sales heights. Also, Chipotle has solved your wrong pickup location problem.

Operations

There's far more than sizzle to Chipotle and Wendy's environmental moves

By Peter Romeo on Apr. 17, 2023

Working Lunch: Both of their newly announced initiatives add up to sound long-term business decisions.

Operations

Chipotle moves away from gas with all-electric restaurant design

By Lisa Jennings on Apr. 11, 2023

New Responsible Restaurant format is part of an ongoing move to cut greenhouse gas emissions and operate more efficiently as the chain more than doubles in size.

Operations

Chipotle goes big with small towns

By Lisa Jennings on Apr. 11, 2023

As the fast-casual chain plots to more than double its size, it's the units in smaller markets that are breaking opening sales records.

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