Chipotle Mexican Grill

Financing

Why Baja Fresh never became Chipotle

The Bottom Line: More than 20 years ago, Baja Fresh was the country’s biggest burrito chain and attracted a massive valuation in a sale to Wendy’s. Its subsequent downfall offers numerous lessons for emerging brands today.

Operations

Scott Boatwright named Chipotle's CEO

The operations specialist was named interim chief executive in August, replacing Brian Niccol at the fast-casual chain after his departure to Starbucks.

Robot delivery company Serve is buying Vebu, maker of the Autocado. It’s also getting a massive new customer in fast-casual burrito giant Chipotle.

In his first quarterly earnings report as interim CEO, Boatwright said the fast-casual chain is looking for more international franchise partnerships.

The burger giant is emphasizing that the E. coli outbreak announced Tuesday was traced to an ingredient, not the sort of prep mistakes that set Chipotle back nearly a decade ago.

Hoping to cut hiring time by as much as 75%, the fast-casual chain is rolling out an AI-fueled hiring bot in partnership with tech platform Paradox.

The Ohio-based Brassica concept has won a minority investment from Chipotle's Cultivate Next fund with plans for growth.

The Mexican chain’s Cultivate Next fund invested in Lumachain, an Australian supply chain platform, and a potential Cava competitor in the Mediterranean chain Brassica.

This year, the fast-casual Mexican chain brings its Halloween discounts to European units for the first time.

The fast-casual burrito chain opened a 6,000-square-foot location in the city, its first in the United Arab Emirates, with international operator Alshaya Group.

  • Page 4