Tag: Chipotle

Investors See Tough Times Ahead for Fast Casuals

It’s difficult to project how the fast-casual industry will perform in a recession. The current version of the industry hasn’t really seen one. To be sure, the fast-casual concept predates the financial crisis of the …

Food Businesses Step Up Sustainability Efforts

For Earth Day, The Food Institute takes a closer look at recent industry efforts to meet the growing sustainability expectations of consumers. RETAILERS Sam’s Club recently revealed new sustainability efforts for its Member’s Mark private-label …

Teen Spending Up, Interest in Plant-Based Down

Teens are spending more money (+9%) and food is a top priority, according to Piper Sandler’s Taking Stock with Teens Spring 2022 survey. With these themes in mind, below are key findings that food industry …

Why Restaurants are Venturing into the Metaverse

Restaurant chains are entering the great unknown, taking bold leaps into the “metaverse.” It’s the latest endeavor by fast-food brands to reach potential customers where they’re at. The Food Institute investigated exactly how the strategy …

Why Food Brands Should be Targeting Gamers

Gamers are proving to be an influential demographic in the food industry. In fact, research from Wunderman Thompson Commerce’s Future Shopper Report 2021 shows that globally, 84% of online shoppers are gamers. With this in …

FI Fast Break audio news: March 9, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine restaurant chains’ recent appeal to video gamers, increasing support for U.S. agriculture, and more. The Food Institute Podcast · FI Fast Break News …

What Do Consumers Want from Loyalty Programs?

Newsweek recently released its America’s Best Loyalty Programs 2022 list and several food brands stood out. In the grocery category, Kroger, Sprouts Farmers Market and Publix Super Markets landed the top spots, while Jersey Mike’s …

Why Chipotle’s Nutrition Filters Hint at Menus of the Future

Jennifer Kaplan, a former instructor at the Culinary Institute of America in St. Helena, California, thinks Chipotle just released a menu upgrade that’ll be well-received. The chain recently added nutrition filters to its app and …

UPDATE: Major Ingredient Shortage Impacting Multiple QSRs

Taco Bell is the latest restaurant chain to be hit by significant ingredient shortages. “Sorry if we can’t feed your current crave,” reads an orange banner atop the fast-food chain’s website. “Due to national ingredient …

FI Fast Break news: June 10, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we break down QSR menu price hikes, alt-meat’s ascent, and the so-called “meme-stock” trend that’s starting to impact restaurant chains. The Food Institute Podcast · …

Chipotle Hikes Menu Prices as Inflation Looms

Chipotle Mexican Grill isn’t just boosting wages for its workers; it’s also increasing menu prices by nearly 4% to cover those raises. That’s according to a CNBC report which noted the company will be bringing …

Chipotle Leading Sustainable Packaging Trend

Chipotle’s half-decade commitment to sustainability largely serves as a blueprint for the foodservice segment. In 2018, Chipotle announced that, by the year 2020, the fast-casual chain aimed to divert half of all of its restaurant …

Food Brands Celebrate Earth Day with Focus on Sustainability

As sustainable practices become increasingly important to today’s consumers, food brands are making their environmental goals and initiatives clear. In honor of Earth Day, here’s a closer look at companies taking steps to become more …

Quesadilla Wars Ramping Up Among Taco Bell, Chipotle

While the fast-food “chicken wars” have been going on for some time, Taco Bell and Chipotle are now headed for battle on another front. The two largest Mexican-food chains are testing new items and jockeying …

Companies Show Thanks to Employees as Pandemic Continues

Food companies are showing their appreciation for employees in several ways as 2020 comes to a close. Chipotle has paid out over $40 million in bonuses and assistance pay to employees during COVID-19, reported QSR …

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Foodservice Pivots Towards Convenience

Several leading foodservice companies have revealed plans for more convenient store models that are designed with pickup and delivery in mind. Chipotle Chipotle is opening its first digital-only restaurant called the Chipotle Digital Kitchen. Located …

Food Brands Focus on Sustainability

Several major food companies have recently made headlines with sustainability-forward initiatives. Chipotle With the debut of Real Foodprint, Chipotle Mexican Grill becomes the first brand to provide detailed sustainability impact data about its ingredients for …

Restaurants Reopening, But With New Formats

Restaurant openings are returning to normal levels, but many are doing so with new formats, according to data from Yelp. Pandemic-friendly restaurants are opening, debuting eateries with features such as large patios, spaced out tables, …

Food Businesses’ Earnings Beat Expectations

Several major food companies recently reported earnings, beating analyst expectations. Chipotle Quarterly same-store sales growth was more than 8% at Chipotle Mexican Grill, with digital sales more than tripling, reported CNBC (Oct. 21). However, a shift to delivery …

Why is Big Business Interested in TikTok?

TikTok, a platform where some 50 million U.S. daily users share short-form videos, has been receiving attention in the media as the Chinese-owned company searches for a U.S. buyer. The app is not only a …

Influencers Extend Foodservice’s Marketing Reach

Influencers and celebrities have changed the way people consume content, and restaurants are taking note of this. “When you’re posting from your own operated social channels, you’re reaching a very small percentage of your followers …