McDonald’s has not decided how much it will hike prices in California as workers’ wages rise to $20 an hour, CEO Chris Kempczinski said Monday. Chipotle expects it will raise prices by a “mid-to-high single-digit” percentage in the state, but has not made a “final ...
Chipotle Mexican Grill is jacking up its menu prices, citing higher costs linked tosurging inflation. The restaurant chain plans to raise prices a little more than 6% this year, CEO Brian Niccol told Wall Street analysts in an earnings call on Tuesday. Chipotle also hiked its prices by 4% ...
Wendy’s would test features as soon as 2025 that included “dynamic pricing” — such as adjusting menu prices to drive demand during slower times of the day. Wendy’s later said that it had no plans to raise prices when demand is highest and blamed misleading media reports for th...
Chipotle Will Raise Prices Of Burritos, Tacos For First Time In 3 Yearsdoi:urn:uuid:fa3433c3bf075410VgnVCM100000d7c1a8c0RCRDChipotle is feeling confident that customers are willing to pay more for its burritos, bowls and tacos.Fox News Latino...
David Meier: The better question may be, what's he not been able to do? Cause he's done quite a bit. He's been able to raise prices consistently, and actually quite significantly, which, if you think about it, unlocks a lot of Chipotle's brand value. Pricing power is one of the...
Chipotle to raise menu prices for 4th time in 2 years Chipotle attributes plans to bump up menu prices again to "state of the economy," a company spokesperson told Insider. Oct 11, 2023 Chipotle testing a robot, dubbed "Autocado," that makes guacamole Restaurant chain said the robot...
“We are definitely going to pass this on.” A company spokesperson later told CNN that Chipotle hadn’t yet decided whether it will raise prices in California. California Gov. Gavin Newsom in September signed legislation that raises the minimum wage to $20 an hour for fast food workers,...
If President Donald Trump’s proposed tariffs on Mexican products go through, Chipotle burritos could get a little more expensive.
It’s the latest development in Chipotle’s “skimpgate,” which comes at a time when cash-strapped customers have an eagle eye on shrinkflation, the downsizing of products without lowering prices, and skimpflation, the cutting down on quality or services to save on costs. Customers this year...
Consumers agreed. Despite higher food costs that caused Chipotle to raise its prices in 2014,same-store salesgrew by16.8 percent, storemarginsrose to 27.2 percent andnet incomeincreased by 36 percent. Chipotle opened 192 new stores in 2014 and hopes to open another 200 in 2015. Why? As books...