Anyone who has walked a city block (or driven through a suburbia) in recent years knows that Chipotles have been springing up around the county for the last several years. In 1993, the first location opened in a local Dolly Madison ice cream shop. In 1999, they open the first location outside of Colorado, in Minneapolis and Columbus. They opened 67 new stores in the fourth quarter of 2011 and now have over 1430 locations worldwide. One of Chipotle’s strengths that definitely sets them apart
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Chipotle Mexican Grill was founded in 1993 by Chef Steve Ellis in Denver Colorado. The first location was actually a former Dolly Madison Ice Cream Shop near the University of Denver. Chef Steve Ellis attended the Culinary Institute of America in Hyde Park, New York and then became a line cook at Stars in San Francisco where he witnessed the popularity of taquerias and burritos. With a dream and an $85,000 loan from his father he opened the first location. Within one month he was selling over 1,000
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Case 6 Chipotle: the Challenges of integrity ryan ruud, Jennifer lee, garrett Borges, Monica Bethke, ron Bomkamp, preston Jensen arizona state University ‘Fresh is not enough anymore.’ Steve Ells Chipotle Co-CEO, Founder, and Chair Introduction Chipotle Mexican Grill (NYSE: CMG) in the USA has experienced great success satisfying the desire of consumers for a quick-serve restaurant that does not sacrifice quality for speed. Known in the food industry as a ‘fast-casual’ restaurant, Chipotle
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Chipotle Mexican Grill Chipotle Mexican Grill was founded in 1993 by Steve Elis in Denver, Colorado with one store and an idea to make fast food better. From that one location, Steve was able to grow his company into a multinational organization that consists of 1230 restaurants throughout the United States, District of Columbia, Canada, and the United Kingdom. Chipotle’s reported revenues for the year of 2011 were $2.3 billion with a net income of $214.9 million. Starting in the 2007 to 2011, Chipotle
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Chipotle Mexican Grill It all began in 1993, where the first Chipotle was opened at a former Dolly Madison ice cream location in Colorado. Now there are more than 15000 restaurants open worldwide. Chipotle is a fast-food restaurant that serves Mexican food that is derived from all natural sources. Chipotle does not only keep the animals in mind, but also the farmers and the environment. It serves burritos, burrito bowls, chips, crispy tacos, soft tacos, and a variety of different vegetables and
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Chipotle Mexican Grill Inc. I. Analysis of the Problem Chipotle Mexican Grill Inc. has experienced abundant success as the fastest growing restaurant chain in the United States and has dominated a large share of the fast-casual Mexican market. Chipotle was ranked eighth in a list of fastest-growing chains in 2009 and third in 2010 based on increases in U.S. sales during that time period. In order to sustain growth and build on accelerated success, Chipotle Mexican Grill Inc. must implement
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Calvin Gallego, Vince Case 5: CHIPOTLE MEXICAN GRILL IN 2013 1. Does Chipotle Mexican Grill have any core competencies and, if so, what are they? ● Yes ● high quality but still affordable and quick ● fast casual restaurant that makes use of healthy ingredients ○ genetically modified ingredients are specified in their website ○ healthy amount of protein (40 50 grams) 2. What does a SWOT analysis reveal about the attractiveness of Chipotle Mexican Grill’s situation and future prospects
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Chipotle Mexican Grill Incorporated Amber Haring, Christy Swyres, Christy Baze SU 2015 Section 9B Webster University William Cornwell June 22, 2015 Chipotle Mexican Grill 1. Do you think CMG is a successful company? The Chipotle mission statement: “Food with integrity is our commitment to finding the very best ingredients raised with respect for the animals, the environment and the farmers. It means serving the very best sustainable raised food possible with an eye to great taste, great
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Challenges Facing Chipotle Mexican Grill Over the years, Chipotle Mexican Grill has faced an attendant price-cost challenge as well as supply chain complications. The challenge has prevailed regardless of the Chipotle’s executives being steadily committed to continuing the food service with integrity. Further, the executives wanted the company to be at the front lane in a responding to mounting consumer concerns relating to food nutrition, the source of their food, the cultivation of fruits and vegetables
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IPO Paper IPO Paper - Chipotle Mexican Grill Advanced Managerial Finance– FI_516 – Fall_B Keller Graduate School of Management of DeVry University February 6, 2012 IPO Paper – Chipotle Mexican Grill Chipotle Mexican Grill, Inc. (Chipotle) is a chain of restaurants in the United States, Canada, and today around the world specializing in burritos and tacos, founded by Steve Ells in 1993 and based in Denver, Colorado. The name derives from "chipotle", the Mexican Spanish name for a smoked
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