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Fast Casual Restaurant

All articles tagged with #fast casual restaurant

finance1 year ago

Chipotle's Record Stock Split Sends Shares Soaring

Chipotle announced a 50-for-1 stock split, the first in its 30-year history, subject to shareholder approval at its annual meeting on June 6. The split will give shareholders 50 shares for each share they own, with trading on a split-adjusted basis starting on June 26. While the split itself doesn't indicate a buy, Chipotle's strong financial performance, including revenue growth, EPS increase, and successful digital and drive-thru strategies, make it an attractive investment option.

via The Motley Fool|
#chipotle#fast-casual-restaurant#finance
business2 years ago

"Chipotle Plans to Hire 19,000 Workers with New Benefits for Burrito Season"

Chipotle plans to hire 19,000 workers ahead of its "burrito season" and is introducing new benefits such as a student loan retirement match program, access to a Visa card, faster paycheck access, and mental health resources. The fast-casual restaurant chain is aiming to prioritize financial and mental health for its employees during the busiest time of the year. Starting wages for hourly employees range from $11 to $18 per hour, while general managers have an average compensation of $100,000. Interested individuals can apply through the company's career website or by texting CHIPJOBS to 97211.

via USA TODAY|
#benefits#burrito-season#business
food-and-dining2 years ago

Michigan Welcomes New Celebrity-Backed Chicken Chain

Big Chicken, a fast-casual restaurant concept founded by Shaquille O'Neal, is set to open 20 locations in Michigan. Inspired by O'Neal's childhood favorites, the restaurant serves crispy chicken sandwiches, chicken tenders, Cheez-It crusted mac and cheese, and ice cream shakes. The first Michigan location will open in Clio next year, with additional stores planned for Metro Detroit, Ann Arbor, Lansing, Flint, Saginaw, and Mount Pleasant. The franchise deal with H&D Group Investments aims to expand Big Chicken's presence in the Midwest.

via Detroit News|
#big-chicken#expansion#fast-casual-restaurant
business2 years ago

Sweetgreen Adds Culinary and Marketing Experts to Leadership Team

Sweetgreen, the fast-casual restaurant brand, has announced the appointment of Chad Brauze as head of culinary and Michael Kotick as VP and head of marketing. Both executives bring extensive experience from their previous roles at Chipotle and will play key roles in menu development, marketing, and scaling the business. Sweetgreen currently operates over 200 locations in the U.S.

via Nation's Restaurant News|
#business#culinary#fast-casual-restaurant