INSIDER
Chipotle may have violated workers' unionization rights, US labor board says
Read full article: Chipotle may have violated workers' unionization rights, US labor board saysThe National Labor Relations Board says Chipotle may have violated federal labor law in its treatment of employees at its only unionized store.
Stock market today: Wall Street rallies to one of its best days of the year after inflation report
Read full article: Stock market today: Wall Street rallies to one of its best days of the year after inflation reportU.S. stocks rose to one of their best days of the year as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected.
Chipotle launches Tyler Herro bowl that you can only order in South Florida
Read full article: Chipotle launches Tyler Herro bowl that you can only order in South FloridaThe Tyler Herro bowl will be available at South Florida Chipotle locations for a limited time. MIAMI – In honor of Miami Heat shooting guard Tyler Herro, Chipotle has launched a bowl created and inspired by Tyler Herro’s go-to order — and you can only get it at South Florida Chipotle locations for a limited time. 🚨 The Tyler Herro Bowl is now available in-app at most @ChipotleTweets locations in South Florida + when you order on Tuesdays through 4/27, get a $0 delivery fee! Details: https://t.co/z51alINbMt #TylerTuesday #sponsored pic.twitter.com/UaJ3OLMvUl — Tyler Herro (@raf_tyler) March 16, 2021According to Chipotle, Herro is the first professional basketball player to have their go-to order on the Chipotle menu. They can also get free delivery on all orders that include the Tyler Herro Bowl every Tuesday in honor of “Tyler Tuesdays” from March 16 through April 30 at participating South Florida locations.
Chipotle CEO says breakfast off the table for now
Read full article: Chipotle CEO says breakfast off the table for now"We're not going to be doing breakfast anytime soon," CEO Brian Niccol told CNN's Chief Business Correspondent Christine Romans at a private event in Los Angeles. "In order for us to continue to run Chipotle there, part of the deal is we have to serve breakfast," Niccol said. Instead of branching out into breakfast, Chipotle is leaning into what it knows its customers are after: meat burritos for lunch and, increasingly, dinner. Together, the changes have made it easier for groups to order, Niccol explained, which means more dinner orders. By focusing on lunch and dinner, Chipotle avoids the costs associated with breaking into breakfast.
Chipotle adds carne asada to its menu
Read full article: Chipotle adds carne asada to its menu(CNN) - Chipotle is adding a new protein to its menu for the first time in a year. The restaurant is rolling out carne asada, a marinated steak, for a limited time at its more than 2,000 stores in the United States beginning Tuesday. The carne asada option was tested in three American cities over the past year, and the company said it performed "incredibly well." In addition to new meat menu items, Chipotle has also recently shaken up its menu for vegetarians. Earlier this year, it rolled out new vegan or vegetarian bowls made from existing ingredients.
Chipotle is soaring: Sales rose 10% last quarter
Read full article: Chipotle is soaring: Sales rose 10% last quarterThe company said that sales at stores open at least 13 months grew 10% in the second quarter. The second quarter, which ended on June 30, marks the sixth-straight quarter of comparable store growth, the metric used for stores open for at least 13 months. It has also expanded its rewards program nationwide, and sales through digital channels have soared. During the second quarter, digital sales grew 99.1% and made up 18.2% of all purchases. During the quarter, Chipotle also added 19 net new stores.
Chipotle wants to give workers extra month of pay
Read full article: Chipotle wants to give workers extra month of payJoe Raedle/Getty Images(CNN) - Chipotle is cutting through a tight labor market with a new incentive: An extra month's worth of pay. The offer is part of a new bonus program for hourly employees at its restaurants, which Chipotle announced Tuesday. If those quotas are met, Chipotle will pay employees a bonus each quarter equal to one week's pay. Chipotle will average the weekly pay that hourly workers make over the quarter to determine the bonus. The unemployment rate fell to 3.6% in April, the lowest level since December 1969.