Nation’s Restaurant News recently reported that Chipotle Mexican Grill, a fast-casual chain with over $1B of annual sales of sort-of make-your-own burritos, is raising prices by 6%, having already raised prices 4% earlier this year. Look at this quote from Steve Ells, the company’s founder and CEO:
We do not predict that there will be no [...]
Our nation’s retailers (not to mention our car companies) have almost universally announced terrible October sales. Except for Wal-Mart. Here’s a snippet from a New York Times story that immediately caught my attention:
All of the factors that analysts have identified as hurting October sales at most retailers — unemployment, declining stock prices, the credit crisis, [...]
I have been in the corporate finance world my entire career, and I find it shocking to realize that means about 20 years. This is an unusual time, and I believe it is only the fourth inning or so. Let’s talk about you and your store.
I am not an investment advisor. Consider these ideas me [...]
