0$0.00

No products in the cart.

Tag: Chipotle Mexican Grill Inc

Chipotle Mexican Grill (CMG) Q2 2020 earnings top estimates

An employee prepares a burrito bowl at a Chipotle Mexican Grill Inc. restaurant in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly adjusted earnings that were down 90% from the year-ago period as dining room closures hit business and dented operating margins. But many customers moved to order …

Chipotle Mexican Grill (CMG) Q2 2020 earnings top estimatesRead More

McDonald’s creates digital customer engagement team as part of its tech push

McDonald’s crowds at self-service kiosk. Jeffrey Greenberg | Universal Images Group | Getty Images McDonald’s is creating a team focused on digital customer engagement as the restaurant industry continues to look to technology as a key way to boost sales. The new team is part of the fast-food giant’s strategy to use technology to reach …

McDonald’s creates digital customer engagement team as part of its tech pushRead More

Taco Bell parent is buying Habit Burger to break into fast casual

Source: Habit Burger Grill Yum Brands‘ $375 million acquisition of Habit Restaurants gives the owner of Taco Bell, KFC and Pizza Hut an opportunity to break into the fast-casual industry at a time when fast-food restaurants are struggling. Habit operates Habit Burger Grill, a premium burger chain founded in 1969 with nearly 280 locations, including …

Taco Bell parent is buying Habit Burger to break into fast casualRead More

Chipotle CEO says customers will have to keep waiting for breakfast burritos

Chipotle Mexican Grill CEO Brian Niccol said its customers will just have to keep waiting if they want a breakfast burrito, even as Wendy’s and other competitors launch morning menus. “Maybe down the road, there’s an opportunity for us to extend our hours earlier into the day, but I think there are just a lot …

Chipotle CEO says customers will have to keep waiting for breakfast burritosRead More

More minimum wage increases expected in 2020

People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle / Getty Images The move toward a $15 minimum wage is gaining steam, with 21 states raising minimum wages …

More minimum wage increases expected in 2020Read More

IHOP introduces new restaurant, Flip’d by IHOP, with faster service

A rendering of a Flip’d by IHOP restaurant Source: IHOP IHOP is launching its first fast-casual restaurant in Atlanta next year. The Dine Brands’ chain will launch Flip’d by IHOP in April. IHOP is also exploring additional sites in New York, Washington, D.C., Denver, Chicago and San Francisco. IHOP’s President Jay Johns said he thinks …

IHOP introduces new restaurant, Flip’d by IHOP, with faster serviceRead More

Chipotle is testing a new restaurant design to maximize digital growth

Exterior of a redesigned Chipotle restaurant Source: Chipotle Mexican Grill Chipotle Mexican Grill announced Thursday that it is testing a different design for its restaurants as its digital business keeps growing. Restaurants in Chicago, Cincinnati, Phoenix, Newport Beach and San Diego will be part of the test. Both new and existing locations will be involved …

Chipotle is testing a new restaurant design to maximize digital growthRead More

DoorDash continues to lead in the food delivery wars

An exclusive partnership with Cheesecake Factory and deals to deliver for Chipotle Mexican Grill, Five Guys and other local restaurants made DoorDash the leader in U.S. meal delivery last month. According to data from consumer analytics firm Second Measure, DoorDash has 35% of the meal delivery market. Publicly traded rivals Grubhub and Uber Eats captured …

DoorDash continues to lead in the food delivery warsRead More

Chipotle’s drive-thru lanes only take 12 seconds, CEO says

Brian Niccol, CEO of Chipotle Mexican Grill.  Adam Jeffery | CNBC The drive-thru has existed for decades, but Chipotle Mexican Grill‘s modern spin is helping the restaurant chain top its fast-food competitors’ speed. “It takes us all of 12 seconds to get you your food when you pull up in your car because you’ve already …

Chipotle’s drive-thru lanes only take 12 seconds, CEO saysRead More

Chipotle staged a comeback. Here’s how it will keep the growth going

Chipotle Mexican Grill‘s stock is one of the top performers on the S&P 500 so far this year as investors continue to applaud the chain’s comeback under CEO Brian Niccol. The stock, which has a market value of $20.9 billion, is up 74% this year, as of Monday’s close. Shares are trading down less than …

Chipotle staged a comeback. Here’s how it will keep the growth goingRead More