Chain’s smaller, cheaper prototype spurs growth
Chipotle Mexican Grill Inc. said Thursday during its quarterly conference call with investors that it will remain focused on U.S. operations, even while its initial foray into Europe has yielded positive results. The Denver-based company’s new, smaller and cheaper-to-build “A model” restaurant prototype is bettering initial sales expectations, it said, and offering opportunities to overcome real estate challenges. The success of the fast-casual chain operator’s ...
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