Improved service, better seating and heartfelt messages are at the heart of Brian Niccol’s turnaround plan, but baristas say they’re under pressure.
Category: Chipotle Mexican Grill Inc
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Will Cars, Phones and Other Goods Be Too Big to Tariff?
Washington and Beijing increasingly look likely to de-escalate their trade war. But the economic damage and ongoing uncertainty may persist for a while.
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Tariffs Add a New Shock to Food Supply Chains
Companies made their supply chains stronger and more flexible because of the Covid pandemic. But they weren’t banking on tariffs.
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Starbucks Names Chipotle’s Brian Niccol as New C.E.O.
The coffee chain said that Chipotle’s Brian Niccol would replace Laxman Narasimhan, who is leaving the company after just over a year at the helm.
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Chipotle Will Retrain Stores Reportedly Skimping on Portions
“There was never a directive to provide less to our customers,” the chief executive said. Still, he said the company would review practices across all its stores.
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Saudi Investors and MBS Head to Paris, Looking for Deals
A contingent from the kingdom, including its powerful crown prince, are in the French capital looking to spend big on investments.
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Higher Food Prices Bring Bigger Profits, but Consumers Start to Resist
Some of the biggest packaged food companies raised their prices last quarter and their profits rose, but some customers were starting to cut back or trade down.
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Restaurant Chains Make It Cost More to Be Loyal
The New York Times – Business:Recent changes to rewards programs at places like Dunkin’ and Starbucks mean customers must pay more before perks kick in. The companies blame inflation.
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Chipotle Plans to Hire 15,000 People Ahead of ‘Burrito Season’
The New York Times – Business:The restaurant chain is pitching for more workers as it aims to double the number of outlets in North America.