Catering Delivery Could Help Save Chipotle

Barron’s recently reported that there might be some good news for Chipotle Mexican Grill. After struggling with sales since its E. coli outbreak, things might be starting to look a litter brighter for the American chain.

The reason being is the recent catering delivery expansion which has allowed the company's shares to rise. 

Barron’s says the shares went up “0.6% to $420” compared to other similar restaurants like Jack in the Box that gained “0.6% to $12.”

Chipotle has launched catering delivery to roughly 40% of its restaurants with the hope of bringing up the sales like in the previous years, such as when it first began offering catering in 2013. 

Read more