Chipotle’s Prices Will Continue to Rise, Company Says — Eat This Not That

  • 📰 EatThisNotThat
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Your burrito bowl is about to get more expensive. 😭

, as well as transportation. Customers are spending about 10% more now than they were a year ago, and the company has already raised the cost of menu items by 6% in 2022 alone.

According to Brian Niccol, Chipotle's CEO, prices will likely increase further this year, as he doesn't see inflation going away any time soon. Despite having to pay more for their meals, customers are showing"very little resistance," Niccol said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 294. in BUSİNESS

Business Business Latest News, Business Business Headlines