In this article by Samantha Masunaga‚ the popular food chain “Chipotle” is exposed for having a norovirus incident in a restaurant in Simi Valley. The restaurant had been subpoenaed for criminal investigation regarding an E. coli outbreak.There was also a large report from customers who had “contracted norovirus from eating at a Chipotle”. While E. coli outbreaks in food chains is not unique‚ it is still serious. This article directly ties to the executive departments lesson we’ve been doing in
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APPENDIX-A BALANCE SHEET ANALYSIS | | | Chipotle | 2011 | 2010 | Total liabilities | 381‚082 | 310‚732 | Total Shareholder ’s Equity | 1‚044‚226 | 810‚873 | Debt ratio | 27.70% | 26.73% | Debt to Equity ratio | 0.34 | 0.001 | | | | Current asset | 501‚192 | 406‚221 | Current liabilities | 157‚453 | 123‚054 | Working capital | 343‚739 | 282‚554 | Current ratio | 3.3 | 3.18 | Acid test ratio | 0.55 | 0.26 | Red Robin | 2011 | 2010 | Total liablities | 298‚278 |
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Introduction: Chipotle Mexican Grill‚ Inc. is a chain of restaurants located in the United States‚ United Kingdom‚ Canada‚ and France‚ specializing in burritos and tacos. Its name derives from chipotle‚ the Mexican Spanish name for a smoked and dried jalapeño chili pepper. The restaurant is known for its large burritos‚ assembly-line production and use of natural ingredients. The company has released a mission statement called Food with Integrity‚ which highlights its efforts in using organic
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Chipotle Mexican Grill (CMG) was founded in 1993 by one of the visionary called Steven Ells. The vision was not born in his heart in one night‚ but rather he had planned to work in the restaurant while he was in college. Before he owned his first small restaurant called “taco shop” in Denver‚ he was hired and worked for two years as sous chef in one of the restaurant which is located in San Francisco. His goal was to reinvent Mexican food all over the country and feed healthy organic foods to the
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In December 2016‚ Chipotle Mexican Grill Inc. was served with a federal grand jury subpoena in connection with a criminal investigation that is tied to an incident at Simi Valley restaurant. The Denver restaurant chain shared with the Securities and exchange commission a broad range of documents that is related to the chipotle restaurant in Simi Valley that has experienced an isolated incident in August 2016. Chris Arnold in an email said that the company does not discuss the legal pending actions
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Confidential © 2005 Chipotle Mexican Grill‚ Inc.‚ All Rights Reserved. Information in this presentation contains forward-looking statements‚ which reflect expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. Such forward-looking statements include‚ but are not limited to‚ statements on the slide titled “Restaurants” about Chipotle’s expected restaurant openings and the
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Chipotle mexican grill was served with a federal grand jury subpoena in connection to a criminal investigation on the outbreak of the norovirus from their restaurant. The U.S. attorney’s office and the FDA are both investigating this case. More scrutiny was placed on food safety after the FDA Food Safety Modernization Act was signed to prevent contamination. The Fda plans on prosecuting restaurants to send a clear message to others that safety is of the utmost importance. This connects to our
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Chipotle‚ Inc. History of Chipotle Steve Ells is the founder and CEO of Chipotle. Steve is a trained chef and opened his first Chipotle store in 1993 at a former Dolly Madison ice cream store in Denver‚ Colorado. His goal was to serve high quality‚ delicious food quickly and in a “fast-casual” setting (Ells). As Chipotle began to grow and expand‚ Steve took the initiative to learn about the way most of the food in the US is produced and processed. He was quite disturbed when he discovered
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It took years to think of my inventive costume idea. But‚ finally it came to me: a Chipotle burrito. Garnished with beans‚ tomatoes‚ lettuce‚ cheese‚ I spun in circles as my mom wrapped me tightly in tin foil. I became the perfect incarnation of everyone’s favorite Mexican meal. Little did I know‚ in a mere two hours my confidence would amount to nothing and I would be seemingly friendless. Even though this moment seemed humiliating‚ now it acts as a reminder that I should never feel ashamed of
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Leadership Philosophy Founded by Steve Ellis in 1993‚ his main focus was to transform "fast food" to an experience more similar to fine dining. Taking inspiration from features commonly found in fine-dining‚ he wanted the strategy for Chipotle Mexican Grill to focus on the following five elements: • Serving a focused menu of burritos‚ tacos‚ burrito bowls and salads • Using high-quality raw ingredients and classic cooking methods to create great tasting‚ reasonably priced meals served in minutes
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