Chipotle Shutters ShopHouse

slide_190820_362645_large

The 6-year-old fast-casual ShopHouse Asian Kitchen chain is no more. Determining sales didn’t warrant further investment, parent Chipotle Mexican Grill has sold the leases to the locations and will close all 15 restaurants March 17. The closures come as the Denver chain works to recover from a year’s worth of sales challenges. The Chipotle brand itself saw revenue decrease in 2016 but opened 240 new restaurants to bring the chain’s total unit count to 2,250. For 2017, management is targeting 195-210 new restaurant openings. Chipotle also operates two other concepts, Pizzeria Locale, which has seven locations, and Tasty Made, a burger chain it debuted last October in Ohio. 

RELATED CONTENT

business background of hand of businessman in suit going to having handshake

LTI Partners With Pro-Quip Foodservice Equipment & Supplies

LTI says the experienced rep group is uniquely positioned to further its growth and visibility throughout the region.

Los Angeles hot sunset view with palm tree and downtown in background. California, USA

BK Resources, EMC Hospitality Grow Partnership

This week, BK Resources announced an expansion of manufacturer rep EMC Hospitality’s territory to include more of the western United States. The agreement now includes the Southern California and Las…

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -