Chipotle has to raise prices in California due to wage increases

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Bloomberg Television

Bloomberg Television

День тому

Chipotle Mexican Grill Inc. Chief Executive Officer Brian Niccol says there is no more chicken shortage at their restaurants. He also says the chain had to raise prices in California after the state raised the minimum wage. He is on "Bloomberg Markets: The Close."
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КОМЕНТАРІ: 30
@lyndakorner2383
@lyndakorner2383 9 днів тому
$10 or 15 on a meal... Who is he kidding? The smallest drink alone is $3.10. I was at Chipotle in downtown Redlands, California, last night, and, literally, no one else was there but the employees.
@dudea3378
@dudea3378 9 днів тому
It's like $8 for a large chip and guac 🤣
@ryu41s
@ryu41s 9 днів тому
Prices are based off of minimum wage raise minimum wage raise prices you're not making more an hour because you're spending more for everything congratulations oh by the way people on social security disability they don't get the raised for 5 years after minimum wages so the poor people stay poor Almost seems like a racist policy
@user-dx7gw8op1u
@user-dx7gw8op1u 6 днів тому
I think he said burrito without chips, guac or drink for $10
@christopherrichardwadedett4100
@christopherrichardwadedett4100 9 днів тому
Print baby, print! Feed the war machines!
@jallen1227
@jallen1227 8 днів тому
Believe you mean bribe the lower class for a vote. Has nothing to do with the war machine
@Twestliw
@Twestliw 9 днів тому
Bro I went to chipotle with two other guys and we each got a bowl and chips to share and it was over $50 in California- THAT IS UNACCEPTABLE wtf Not “reasonable “ at all for fast food not to mention the establishment was disgusting and a mess so we didn’t not want to eat there and took it to go 🤮
@jallen1227
@jallen1227 8 днів тому
Talk to your Governor
@maverickmaze6744
@maverickmaze6744 4 дні тому
I’m an investor but never bought any of its food. Too expensive
@Notarys
@Notarys 9 днів тому
He sounds like Powell. ‘Wages are going up, unemployment is down… time to raise prices (rates) again!’
@MithunOnTheNet
@MithunOnTheNet 9 днів тому
A fast food meal now costs $15 in the US?!
@honkingclown
@honkingclown 3 дні тому
For a while now, yes.
@jallen1227
@jallen1227 8 днів тому
Of course prices will raise at all fast food restaurants to afford the $20 min wage, then the wage will have to go higher again to accommodate. Just stop eating out.
@Dakid015
@Dakid015 6 днів тому
Just about every Mexican joint provides customization lol
@helloxo666
@helloxo666 6 днів тому
I think California could actually lead the way for higher wages and a better standard of living.
@tomtom9792
@tomtom9792 6 днів тому
i will just Cut back eating there. i will adjust accordingly
@jimbojimbo6873
@jimbojimbo6873 9 днів тому
I will always prefer big business to do well over small businesses.
@lyndakorner2383
@lyndakorner2383 9 днів тому
"Hopefully, inflation will start to moderate." "We have pricing power." Am I missing something?
@michael2275
@michael2275 9 днів тому
Rate hikes ahead, denial abounds
@MichaelBohemian
@MichaelBohemian 9 днів тому
A burrito with chips and queso already cost $18 in baltimore. They about to inflate right up and out of business,
@tedwesthaven
@tedwesthaven 9 днів тому
Food with integrity: cooks everything in seed oil....
@codelessunlimited7701
@codelessunlimited7701 5 днів тому
This company supported Ukraine and Israel war by providing meals to the military forces. Yet, can't give break Americans a chance to provide reasonable food menus.
@ryu41s
@ryu41s 9 днів тому
Prices are based off of minimum wage raise minimum wage raise prices you're not making more an hour because you're spending more for everything congratulations oh by the way people on social security disability they don't get the raised for 5 years after minimum wages so the poor people stay poor Almost seems like a racist policy
@vicarious4961
@vicarious4961 6 днів тому
Waaay overpriced
@vicarious4961
@vicarious4961 6 днів тому
This guy is completely out of touch
@CO8848_2
@CO8848_2 9 днів тому
Isn't it the worst Mexican food, or what?
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