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Brian Niccol

Wall Street cheers Brian Niccol appointment

by Merchant Moller
Wall Street cheers Brian Niccol appointment

Brian Niccol, CEO of Chipotle Anjali Sundaram | CNBC Wall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong …

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Chipotle stock falls as CEO Brian Niccol leaves for Starbucks

by Mark McDuffie
Chipotle stock falls as CEO Brian Niccol leaves for Starbucks

Chipotle stock fell more than 10% Tuesday as the company announced CEO Brian Niccol would be leaving his role on Aug. 31 to become CEO of Starbucks. Niccol began as …

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Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol

by Mark McDuffie
Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol

Restaurants Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol. CNBC (L) | Getty Images (R) Starbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol. …

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Restaurant CEOs focus on value as they aim to bring back customers

by Mark McDuffie
Restaurant CEOs focus on value as they aim to bring back customers

A sign advertises meal deals at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Restaurant CEOs have become obsessed with the word “value” …

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Chipotle Mexican Grill (CMG) Q2 2024 earnings

by Mark McDuffie
Chipotle Mexican Grill (CMG) Q2 2024 earnings

A Chipotle restaurant in New York on July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ …

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Walmart, Chipotle criticized over prices

by Mark McDuffie
Walmart, Chipotle criticized over prices

Inflation may be cooling, but consumers’ outrage over higher prices is running hot. TikTok users blasted Walmart for rolling out digital shelf labels that allow it to quickly raise and …

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Is there a pullback in consumer spending? Here’s what CEOs say

by Dennis chmitz
Is there a pullback in consumer spending? Here’s what CEOs say

People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023.  Jeenah Moon | The Washington Post | Getty Images With higher prices and elevated interest rates stubbornly sticking …

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Sweetgreen, Chipotle and Wingstop aren’t seeing a consumer slowdown

by Mark McDuffie
Sweetgreen, Chipotle and Wingstop aren’t seeing a consumer slowdown

A food delivery messenger carries a take-out bag outside a Sweetgreen in Manhattan, New York City, on Sept. 14, 2023. Jeenah Moon | The Washington Post | Getty Images High-income …

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Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes

by Mark McDuffie
Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes

Chipotle is launching Farmesa Fresh Eatery first at Kitchen United’s upcoming Santa Monica location. Source: Chipotle Mexican Grill Chipotle Mexican Grill is abandoning its Farmesa Fresh Eatery spinoff after partner …

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Chipotle plans price increases after pausing hikes this year

by Mark McDuffie
Chipotle plans price increases after pausing hikes this year

Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. Mark Makela | Reuters Chipotle Mexican Grill is planning to raise prices again. …

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