The company continues to expect 130 to 140 new restaurantsopenings in 2008, said Founder, Chairman and CEO Steve Ells. Abouttwo-thirds of the openings will be in well-established markets,with the remainder in newer markets.
"International expansion is not a key driver of our growthstrategy," Ells said.
Chipotle does not expect to cut back growth in 2009, unlessspace isn't available.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.