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1. Chipotle Executive Turns Himself In to Face Drug Charges
- Wednesday, July 06, 2016
NEW YORK (AP) – The Chipotle executive leading the chain's efforts to rebound after an E. coli outbreak that has sent sales plunging turned himself in Tuesday to face cocaine-possession charges, his lawyer said.
2. Chipotle Looks to Recover With Temporary Loyalty Program
- Tuesday, June 28, 2016
NEW YORK (AP) – Chipotle is introducing a temporary loyalty program intended to get customers back into its stores following a series of food scares.
The Mexican food chain already has given away millions of burritos through coupons for entrees to try to fill up empty locations after an E. coli outbreak and norovirus cases last year sent sales plunging. In the first three months of this year, Chipotle's sales at established locations were down about 30 percent.
3. Median CEO Pay Crosses $10 Million in 2013
- Wednesday, May 28, 2014
NEW YORK (AP) – They're the $10 million men and women.
Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012, according to an Associated Press/Equilar pay study.
4. Olive Garden Owner Shifts Course to Focus on Deals
- Monday, December 24, 2012
NEW YORK (AP) – After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is retooling its strategy to attract diners with more promotional deals.
5. Market Entrance
- Thursday, August 16, 2012
The quick-service food concept Panda Express has entered the Memphis retail market on the city’s highest-trafficked surface street.
The Chinese restaurant chain will open a 2,665-square-foot new prototype store in Cordova in early September at 577 Germantown Parkway in front of Walmart Supercenter.
6. The Fast Lane
- Monday, April 16, 2012
Forbes magazine recently published an article ranking the best CEOs in the country over the past year. Bill Rhodes, CEO at AutoZone Inc. since 1995, was one of the men who made that list of “best bosses.”
7. Ridgeway Trace’s Success Fills ‘Huge Void’
- Monday, May 16, 2011
A dramatic change to the retail landscape in East Memphis began in February of 2005 with one phone call.
Danny Buring, managing partner of The Shopping Center Group, made that call to the owner of the Ridgeway Trace Apartments, located on the southeast corner of Poplar Avenue and Interstate 240.
8. Supreme Court Won't Stop Lawsuit Against Chipotle
- Tuesday, April 19, 2011
WASHINGTON (AP) – The Supreme Court won't stop a disabled man's lawsuit against Chipotle Mexican Grill for having counters too high for a person in a wheelchair.
The high court on Monday refused to hear an appeal from the Denver-based chain.
9. Brand Strategy
- Tuesday, April 05, 2011
It was two years ago at a Five Guys Burgers and Fries franchisee conference when license rights to Memphis were up for grabs.
Mark Moseley, director of franchising for the Lorton, Va.-based burger chain and friend of FedEx Corp. founder Fred Smith, approached Alabama franchisee Seth Hargett about putting together a package and asked him if he wanted Memphis.
10. Chipotle to Open First Memphis Locale
- Friday, November 05, 2010
A Mexican eatery will be the latest tenant to occupy space in one of Memphis’ most populated areas, where it is joining several corporate retail giants.
Chipotle Mexican Grill Inc. has leased 2,400 square feet of space in Ridgeway Trace center, 5963 Poplar Ave. It will be Denver-based Chipotle’s first Memphis-area restaurant.
11. Restaurants May Change Menus, Hike Prices in 2009
- Tuesday, October 14, 2008
NEW YORK (AP) - Beef may not be what's for dinner at your favorite restaurant come 2009.
Restaurants, now working to secure supply and price contracts for meat and other commodities for the upcoming year, are expecting big increases in food costs – increases that will likely lead to menu changes and price hikes.