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Tech Tracker: How digital tech is capitalizing on the hot restaurant reservations market
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Analyst Tim Powell of Foodservice IP: ‘Reputational damage is difficult to shed’
During Chipotle’s earnings call on Tuesday, Chief Financial Officer Jack Hartung said the $25 million food safety fine the company must pay to settle a probe will hurt the company’s cash flow during the COVID-19 crisis but “we're ready to put this old matter behind us.”
The investigation affirmed the chain’s failure to follow protocols to prevent sick employees from working. As a result, “adulterated food” served at some of its restaurants sickened more than 1,100 people across the United States from 2015 to 2018, the Department of Justice concluded.
Provided that Chipotle complies with all of its food safety obligations and pays the $25 million fine, the largest penalty ever imposed in a criminal food safety case, the DOJ has agreed to d...
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