Fast-casual chains strengthened their gains on the overall restaurant industry, with the top 150 fast-casual chains growing 8.4 percent to $21.5 billion in 2011, a faster rate than in 2010 (6.6 percent). In comparison, 2011 sales growth for the Top 500 U.S. chains was 3.5 percent.
This Earth Day, April 22, Chipotle Mexican Grill will reward eco-friendly customers with a free burrito, bowl, salad, or order of tacos if they purchase a Chipotle-branded repurposed billboard lunch bag from Chipotle’s online store between now and April 14. Chipotle will donate all of its proceeds from the sale of the bags to the Chipotle Cultivate Foundation.
Winick Realty Group LLC announced the availability of 14,000 square feet of retail space at 281 Broadway, located between Chambers and Reade Streets in the heart of the Financial District.
Encompassing three floors, the space includes 3,500 square feet of ground floor retail, as well as 5,000 square feet on both the second floor and lower level. It features 75 feet of windows on Broadway, offering excellent visibility to the traffic from nearby J&R Music World, Century 21, Potbelly Sandwiches, Duane Reade, City Hall and the Federal Building.
During last night's Grammy award show, the biggest news occured during a commercial break.
Fast-casual burrito concept Chipotle debuted its first national television spot, which included a soundtrack by rock superstars Coldplay and country music legend Willie Nelson.
Chipotle Mexican Grill executives sounded an optimistic note for the coming year during the company's fourth-quarter earnings call, despite an anticipated double-digit rise in costs for the company's naturally cultivated commodities.
Montgomery Moran, co-CEO of Chipotle, said the company expects to open 155–165 new Chipotle locations in 2012.
When the National Restaurant Association (NRA) unveiled the results of its “What’s Hot in 2012” chef survey in December, few were surprised that locally sourced meats and seafood secured the No. 1 spot on the list of top 10 menu trends for this year. Or that the term local showed up in three other trends on the list.
As Americans’ hunger for burgers and chicken continues to grow, restaurant operators are tweaking their menus to meet consumers’ demands for new meats and higher quality.
An increasing number of limited-service restaurants have added better and more “natural” meat to their repertoires. At the same time, they are featuring other proteins.
From the growth of Angus menu items to the specialty burger craze, there has been no slowdown in sales of beef on a bun, according to a Technomic study last summer.
Congresswoman Louise Slaughter (NY-28), Ranking Member of the House Rules Committee, responded to the announcement by the FDA that it is withdrawing proposals to remove approvals for two antibiotics used in livestock feed. The announcement comes after the U.S. Department of Agriculture recalled meat contaminated with antibiotic-resistant Salmonella earlier this month.
Agriculture Deputy Secretary Kathleen Merrigan, along with leaders from food and agriculture organizations, introduced today a free online tool to help U.S. producers of all sizes achieve Good Agricultural Practices (GAP) harmonized standards and certification, helping to further expand economic opportunities for American agriculture.
USDA's GAP audit verification program focuses on best agricultural practices to verify that farms are producing, and that packers are handling and storing, fruits and vegetables in the safest manner possible to minimize food safety hazards.
In a Congressional briefing on Capitol Hill today, Chipotle CEO Steve Ells called for an end to the overuse of antibiotics in American meats. Ells’ wildly successful 1,200-unit Mexican fast casual only uses hormone- and antibiotic-free meats.
“It’s going to take restaurants like Chipotle creating more of a demand, but also it’s going to take more work here to call for change in legislation” to end the overuse of antibiotics in the American food supply, Ells said.