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Chipotle Research Paper

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Chipotle is the Mexican Spanish name for smoked dried jalapeño chili pepper. Chipotle’s first restaurant was founded in 1993 by Steve Ells, and was located in Denver Colorado. Steve attended the Culinary Institute of America Hyde Park, New York, he then became a line cook for Jeremiah Tower of Stars in San Francisco, California. After gaining practical skills and knowledge in the culinary industry, Ells opened his first Chipotle restaurant in Denver, Colorado close to the University of Denver. To startup this venture, he acquired an $85,000 loan from his father. The idea was simple: show that food served fast did not have to be a “fast-food” experience. Using high-quality raw ingredients, classic cooking techniques, and distinctive interior

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...Durning late 2015 and early 2016 Chipotle was under fire for their E. coli outbreak. “Escherichia coli, its full name, is a type of bacteria commonly found in the intestines of animals and humans. There are hundreds of strains of the bacterium, but E. coli O157:H7 has been identified as dangerous to people, producing a powerful toxin that can cause severe illness.” E. coli is caused mostly by consuming tainted or undercooked beef but can be found on any food. E. Coli in this situation is thought to have originated in beef from Australia. Because of this and improper food handling it is believe that it spread to multiple other foods. But according to chipotle no cause was found. Since then Chipotle has made many improvements to their hygiene and store cleanliness as well as safe food practices. Checking the temperature of beef to make sure that it is cooked thoroughly is the best way of eliminating E. coli. Cooking ground beef until there is no pink and steaks until 145 degrees is the safest way to eliminate E. coli. It's no secret that E. Coli isn’t fun. It lingers in your system for multiple days before symptoms show. Symptoms are mostly diarrhea that...

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...Chipotle Mexican Grill stock shares have been steadily declining since November 1st, the day it became public knowledge that a major E. Coli outbreak had been linked to the popular restaurant chain. The outbreak, which has already affected around twenty people, led to the closing of forty-three restaurants in Seattle, Washington and Portland, Oregon. The result? A detrimental fall in value for the already struggling company. How drastic of a fall, exactly? A steep decline of 2.5% to close at $624 a share. The stock was already down 6.5% this year, before the outbreak. The company’s Chief Financial Officer, Jack Hartung, attributed this to “very, very choppy” sales. Unfortunately, this is not the first time Chipotle Mexican Grill has been...

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