Chipotle Is Disrupting The Fast Casual Restaurant Industry Which Will Create Opportunities For Next Generation Startups

  • 📰 Forbes
  • ⏱ Reading Time:
  • 87 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The casual food restaurant of the future might not even have a consistent physical location or in store dining for its customers.

Chipotle

announced its third quarter results for 2022. Total revenue increased 13.7% in what many would consider a challenging year. Here is a direct quote from the press release. ‘Our performance in the third quarter confirms our brand and value proposition remain strong, even during a challenging economic environment’ said Brian Niccol, Chairman and CEO, Chipotle.

Chipotlanes are Chipotle restaurants with drive-thru lanes that are designed to help boost online/digital orders. The Chipotlane doesn’t have a menu board. It’s a digital order drive-thru pickup lane where guests who order and pay in advance arrive and get their food from a quick handoff. Restricting Chipotlanes to digital order pick up only strips the friction out of the process of a traditional drive up ordering lane. Is it working? Oh yeah.

Because Chipotle might just be changing how an entire industry interacts with its customers and delivers its food. The fact that Chipotle evolved its restaurant design in recent years only widens this conversation. The brand just debuted a digital-only store in November in Highland Falls, New York. There’s also a Chipotlane-only restaurant, with no dining room that is coming later this year in Ohio.

Future restaurants might have no customer facing storefront, just a solid brand, good food and great delivery. Virtual restaurants technically allow anyone to create and expand a restaurant brand without the costs and hassles of a restaurant location. Here are some of the attributes that a restaurant of the future might embody.No restaurant of the future will be able to survive without online/app ordering. The difference then will be the user experience and the pickup/delivery experience.

 

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:

 /  🏆 394. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fast-food industry coalition sues to block California labor law AB 257A restaurant coalition sued to block implementation of AB 257, the California law that would, among other things, create a worker representative body with the power to raise wages. while they look to the little infringements Election Code 8902 shows the governance doesn't give a crap about you or anyone else AB 257 Supporters What in hell is wrong with these young people today?Be thankful you have a job and get back to work!
Source: latimesfood - 🏆 699. / 51 Read more »