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Mexican

Financing

Chipotle to close at least 55 locations

The company’s restructuring is expected to cost up to $135 million.

Food

Chipotle is testing a new quesadilla and nachos

The fast-casual chain is adding six items to its New York test kitchen, including milkshakes and avocado tostadas.

The chain is taking steps to bolster its quality positioning with a new “Fresh Mexican Grill” tagline and changes in the restaurant.

The burrito chain is jumping on the esports bandwagon with its sponsorship of TSM’s "Fortnite" team.

The move will be costly, and could be risky, but there are benefits for the company and its new CEO Brian Niccol, says RB's The Bottom Line.

As the chain’s new owner, Apollo, solidifies the chain’s management team, Susan Daggett was appointed CFO.

The chain said that its delivery orders have increased 667% since the partnership kicked off last week.

But this time, the chain is adding a spiced-up version of the popular product.

Chief Restaurant Officer Scott Boatwright talks to Restaurant Business about how he’s working to turn around Chipotle’s operations.

In the recent Harris Poll reputation survey, the chain came in last among restaurants rated, says RB's The Bottom Line.

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