Chipotle is suddenly closing all locations of its Thai restaurant chain
All locations, located in California, Illinois, Maryland, and Washington, DC, will be shuttered by March 17, Nation's Restaurant News reported on Wednesday. A Chipotle spokesperson told NRN that the company has a deal in place to sell the leases of the ShopHouse locations.
Last October, Chipotle announced it would not invest further in growing and developing ShopHouse, and instead would pursue "strategic alternatives" for the chain, which launched in 2011.
Instead of Thai food, Chipotle is focusing on its namesake brand and its two other concepts: a seven-location pizza chain called Pizzeria Locale and a better burger concept called Tasty Made.
ShopHouse's demise comes during a difficult time for Chipotle, as the company is still struggling to grow sales following an E. coli contamination scandal that began in October 2015.
Next Story
I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
Why are so many elite coaches moving to Western countries?
Global GDP to face a 19% decline by 2050 due to climate change, study projects
5 things to keep in mind before taking a personal loan
Markets face heavy fluctuations; settle lower taking downtrend to 4th day
Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’
