1. Shopper & Customer

Chipotle says price hikes lift revenue as customer visits slip

Written by Posted on Less than 0 min read

The burrito chain said same-store sales rose 7.6% in the quarter.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Channel: Specialty & Other

Best Buy doubles down on membership program as sales cool

​[[“value”:”The retailer wants to grow the subscription program, which has about 5.8 million members.”]]  View Original Article Best Buy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per […]
< 1 min read
0
  1. Channel: Restaurants

Carl’s Jr. and Hardee’s to roll out Presto’s A.I. drive-thru ordering nationwide

​ ​[[“value”:”The partnership with CKE Restaurants, the parent company of Carl’s Jr. and Hardee’s, is the largest launch to date of Presto Voice.”]]  View Original Article Partnerships Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Shopper & Customer

Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor

The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas. View Original Article Consumers Data & Insights Dept. Fuel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. CPG: Food & Bev

PepsiCo takes $550 million stake in energy drink maker Celsius

PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller company. View Original Article Dept. Beverage Results & Investment Operations & Supply Chain Sustainability PepsiCo CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Corporate Strategy

Costco CEO Craig Jelinek to step down Jan. 1. COO Ron Vachris will take over

​[[“value”:”The warehouse club has benefited from sales growth, fueled by pandemic pantry-loading, inflation and millennials moving to the suburbs.”]]  View Original Article Costco Executives Operations & Supply Chain Consumers Economy COVID19 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Holiday & Events

Thanksgiving dinner will be cheaper this year thanks to lower turkey costs, survey shows

​ ​  ​[[“value”:”While Thanksgiving food costs less than it did a year ago, it’s still much more expensive than it was before the pandemic.”]]  View Original Article Thick Data Dept. Grocery COVID19 Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Corporate Strategy

Impossible Foods taps Chobani executive as new CEO, founder Pat Brown steps down

Impossible Foods founder Pat Brown is stepping down as CEO, and Chobani’s departing operating chief, Peter McGuinness, will lead the plant-based meat company. View Original Article Dept. Fresh Executives Health & Wellness Trends: Food and Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Holiday & Events

Retailers’ biggest holiday wish is to get rid of all that excess inventory

Walmart, Target, Gap, Kohl’s and others are trying to sell through a glut of extra merchandise piling up in store backrooms and warehouses. View Original Article Walmart Operations & Supply Chain Holiday & Events Target CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Shopper & Customer

Student loan relief is gone for millions of Americans — here’s what it means for retailers

​The Supreme Court striking down Biden’s student debt cancelation plan, and the resumption of payments, will add more pressure to already cautious consumers.  View Original Article Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

‘It’s just an arms race.’ How to make the most of Amazon’s next ‘Prime Day’ sale and Target’s ‘Deal Days’

Early sales events can be a great opportunity to save money on holiday gifts at a time when consumers feel cash-strapped. View Original Article Amazon Consumers Dept. Nonfood Holiday & Events Target CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Media & Marketing

Estee Lauder forces out executive John Demsey after he posted racist meme on Instagram

John Demsey faced backlash for an Instagram post containing a racial slur and a joke about Covid-19. View Original Article COVID19 Meta (Facebook) Executives Marketing: Social Media CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Data & Insights

Nearly all Americans cut back on spending due to inflation, CNBC survey finds

​[[“value”:”Walmart, Target, Home Depot and Best Buy called out cautious consumer-spending shifts during the first quarter.”]]  View Original Article Target Walmart Thick Data Consumers Economy Best Buy Home Depot CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Uncategorized

We’re making another sale of this media stock and putting that cash into our newest position

The market entered oversold territory after Friday’s session, prompting us to look for a place to do some buying. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Operations & Supply Chain

Third Point could see big returns from small changes at Bath & Body Works

Dan Loeb’s hedge fund expects the retailer can resolve many of its issues by bringing more experience to Bath & Body work’s board. View Original Article Returns CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Restaurants

Carl Icahn launches proxy fight with McDonald’s over treatment of pigs

Carl Icahn, the famed billionaire corporate raider, has pushed McDonald’s for better treatment of pigs in recent years. View Original Article Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Operations & Supply Chain

Free returns may soon be a thing of the past as retailers roll out stricter policies

From shorter return windows to restocking fees, expect there to be limitations on what can be brought back and when. View Original Article Returns CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Stores & Formats

Macy’s hasn’t closed 150 stores yet. But Target, Kohl’s CEOs already smell opportunity

Macy’s closures of about 150 stores could put up to $2 billion in annual sales up for grabs for other retailers. View Original Article Target Brick and Mortar Kohls CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Channel: Specialty & Other

Best Buy scales back sales outlook as results top expectations

​While Best Buy trimmed its sales guidance for the year, it raised the bottom end of its profit outlook.  View Original Article Best Buy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Trends & External Forces

With Huawei out of the picture, Chinese smartphone rivals take the spotlight at MWC

Smaller Chinese smartphone brands such as Oppo, Honor and Realme made a splash at Mobile World Congress this week with a slew of new device launches. View Original Article Government CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
Next