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The Mexican chain says that the newly created position will help it focus on “four-wall operations.”
The Mexican fast-food chain is in danger of a delisting following the departure of an independent director.
The company is reportedly getting interest from both private-equity firms and strategic buyers.
The chain’s Beyond Tacos proved popular but haven’t helped it generate transaction growth or prevent a July sales slowdown.
The company is doubling down on plant-based Beyond Meat by adding it to burritos.
The Mexican QSR says the product has helped reverse a steep traffic slide in the first quarter.
Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.
Taco Bell, Burger King, Carl's Jr., White Castle and others are offering more vegetarian items, but vegetarians aren’t necessarily the target.
Prices have spiked following President Trump’s threat to close the Mexican border, says RB’s The Bottom Line. That’s bad news for Chipotle and others.
But the company believes upcoming initiatives, including a plant-based Beyond Meat Taco, will help reverse its fortunes.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
Ideas from the field you may want to borrow