Domestic comps rose 5.6%, the highest increase since 2021, due to rewards member growth, successful marketing campaigns and improved operations.
The Christian juice chain, which lost dozens of franchise locations over changes to its business model, sold itself for undisclosed terms.
Low foot traffic in Manhattan, exacerbated by high prices for chicken and potatoes, left 12-unit Sticky’s in a weak position.
Chipotle isn’t the only chain to abandon a secondary concept it tested. IHOP closed its fast casual Flip’d by IHOP concept last year after growing it to four locations. That concept was meant to ...
Visits to Chipotle outpaced the fast casual industry during the quarter thanks to the chain’s strongest throughput in four years and campaigns around Barbacoa and Carne Asada. In California, Chipotle ...
Terms of the transaction were not disclosed but The Wall Street Journal reports it is worth roughly $2 billion.
Chipotle, which recently added new worker benefits to attract hires, had the second-highest burnout rating of any company in the study, surpassed only by Progressive.
While the company still plans store-by-store contract ratification, it is discussing issues impacting all employees with a bargaining committee of union members.