Chipotle Mexican Grill Introduction When Steve Ells decided to create a restaurant concept that combined the quick-serve experience with exceptional quality food‚ he didn’t know it would be an instant hit (Thompson‚ Peteraf‚ Gamble‚ & Strickland III‚ 2015). He was looking for a way to use his culinary training and restaurant experience to elevate the fast-food concept. This transformed the way people thought about fast-food. His concept centered on a focused menu serving only high-quality‚ fresh
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Chipotle Mexican Grill‚ Inc. (CMG)‚ a fast casual Mexican restaurant operates its 1‚316 restaurants within four countries; Canada‚ the United Kingdom‚ France‚ and the greatest majority within the U.S. Founded by Steven Ells in 1993‚ CMG performed quite receiving investment support from McDonald’s Corporation‚ which assisted with growth funding. Although it is a competitor within the restaurant industry‚ McDonald’s Corporation noticed the potential of the chain and did not view it as a direct competitor
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Introduction/History What comes to mind when you think of the restaurant Chipotle? Would you say Mexican food with a fast casual environment? Well there is so much more to this publicly traded company. Chipotle was founded in 1993 by Steve Ells who is a trained chef. Steve originally opened the first Chipotle restaurant with the intention of building a place where you could eat delicious food of the finest ingredients cheaply. In 2006 they became publicly traded and have steadily grown from
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Table of Contents EXECUTIVE SUMMARY 2 INTRODUCTION 3 Company Overview 3 History 3 Current Situation 4 Case summary 6 CASE ANALYSIS 7 Chipotle’s Core Competences 7 SWOT Analysis 7 The primary and secondary components of Chipotle’s value chain 9 The chief components of Chipotle’s strategy 10 The generic competitive strategy 12 Comparison between Chipotle’s strategy and Moe’s 14 Weighted competitive strength assessment 16 EXECUTIVE SUMMARY Chipotle Mexican Grill is a
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people are employed in 970‚000 restaurant locations. The U.S restaurant industry played the customers’ hearts by three segments: full service‚ quick service and fast casual. The three major key players in this industry are Chipotle‚ Taco Bell and Qdoba. In recession of U.S economy and consumers’ announcement of spending less on food outings‚ what changes would this restaurant industry become? With the depressed economy‚ full service had less chance on lower prices than the others because of food
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000 customers per day in over 43 states. [Gamble] However‚ they haven’t been the only fast-casual restaurants to be successful. In 2012‚ 8 of the 10 fastest growing restaurant chains were classified as fast-casual restaurants—Moe’s Southwest Grill‚ Qdoba Mexican Grill‚ and Chipotle all among these leaders. A strength that is unique to Chipotle is their commitment to “Food with Integrity”. The transition to using organically grown local produce and naturally raised meats has proven profitable in today’s
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Panera Bread Case Analysis Michael Gibbons Strategic Management W 7:10 - 10:10 1. Panera Bread’s strategy is to provide a superior product to a diverse customer base. Panera Bread’s concept is “to provide a premium specialty bakery and café experience to urban workers and suburban dwellers.” Their strategy has allowed them to provide an alternative meal to fast food restaurants. Analyzing Chapter Five’s generic competitive strategies the most closely fit competitive approach that Panera Bread
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The closest competitors can be considered as Qdoba‚ Chipotle‚ Au Bon Pain‚ and Bruegger. The main reason that makes these food companies the primary competitor of Panera Bread is that they all caters to be a component of the niche marke‚ each of the mentioned rival company is offering similar food
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(1) Sales‚ Sales Growth (Hint: Use Revenue Line) Sales Amount in USD; Growth in percentage. | 2008 | 2009 | 2010 | 2011 | 2012 | SALES | 1‚331‚968‚000 | 1‚518‚417‚000 | 1‚835‚922‚000 | 2‚269‚548‚000 | 2‚731‚224‚000 | SALES GROWTH | ------ | 13.99 | 20.91 | 23.61 | 20.34 | (2) Gross Margins (Hint: Restaurant Operating Costs Lines for COGS) Gross Margin = (Sales – COGS) / Sales; Expressed in % | 2008 | 2009 | 2010 | 2011 | 2012 | SALES | 1‚331‚968‚000 | 1‚518‚417
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internationally and can negotiate better quality inputs at lower prices. Threat of New Entrants: High Barrier of Entry is relatively Low. Brands in the Quick-Service segment are establishing their own Mexican Fast-Casual (I.E‚ Qdoba Mexican Eats – by Jack in The Box). Fast-Casual is the fastest growing restaurant segment. Bargaining power of buyer: High Chipotle has high leverage as a buyer due to the sheer volume. CMG will use its leverage to require high
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