BusinessPostCorner.com
No Result
View All Result
Friday, July 4, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Chipotle CEO says they will open a new restaurant almost every 24 hours this year, thanks to AI

June 9, 2025
in Business
Reading Time: 2 mins read
A A
0
Chipotle CEO says they will open a new restaurant almost every 24 hours this year, thanks to AI
ShareShareShareShareShare

  • Chipotle CEO Scott Boatwright says the fast-casual chain is expanding at an “exponential rate,” with plans to open more than 300 new locations this year. Key to making the growth happen is new AI technology, like its hiring platform, “Ava Cado,” Boatwright tells Fortune.

If you’re a fan of bowls, tacos, and burritos, there’s good news: there might be a Chipotle opening in your neighborhood soon.

The company currently operates over 3,700 restaurants, but it has ambitious goals to expand to 7,000 locations in the U.S. and Canada alone. On stage at Fortune’s COO summit today, Chipotle CEO Scott Boatwright revealed that the company is expanding nearly by the day.

“We will open a new Chipotle restaurant this year almost every 24 hours,” Boatwright said to Fortune’s Kristin Stoller. “And if you think about the growth that’s ahead of us and the need for highly capable, purpose driven, value oriented individuals is more critical today than it probably ever has been for our brand.”

Chipotle currently employs over 130,000 employees—and with expansion also planned for Mexico, Boatwright admitted that using AI technology has made the hiring process much quicker. Last year, Chipotle introduced “Ava Cado,” the company’s AI hiring platform, and since then, Boatwright said hiring times have been reduced by 75%.

And while the use of AI in the hiring process may be an unwelcome sign for human resource professionals, Boatwright said AI has a place in business across all verticals and industries.

“This not only helps us keep our restaurant staffed, but ensures we have the best talent that’s available in the industry,” he said.

AI might give you a discount on your next Chipotle bowl

While Chipotle is joining the long list of companies embracing AI across its business, Boatwright said you shouldn’t expect to have a robot folding your burrito anytime soon (though, it may be making your guacamole).

“We don’t look to replace the human experience, we look to remove waste and expand or enhance the team member experience,” he added. 

The company is also using the technology within its rewards system. If a customer hasn’t made a purchase in the last two weeks, Boatwright said they may be offered a deal that will escalate over time to get the customer to come into the store. AI technology is helping tailor the deals to the individual based on their personalization and overall brand usage. 

And while Boatwright only just became CEO last year—after serving as COO for over seven years—he admitted his attempts to scale the company with new technology and initiatives will only work if customers enjoy the product.

“Customers come to Chipotle for the food,” he said.

This story was originally featured on Fortune.com

Credit: Source link

ShareTweetSendPinShare
Previous Post

People on £10,000 to £96,000 tell us what they want from the Spending Review

Next Post

Sizewell C nuclear plant gets £14.2bn government investment

Next Post
Sizewell C nuclear plant gets £14.2bn government investment

Sizewell C nuclear plant gets £14.2bn government investment

Tether Targets South America’s Surplus Power for Low-Carbon Bitcoin Mining – But Will Volatility Bite?

Tether Targets South America’s Surplus Power for Low-Carbon Bitcoin Mining – But Will Volatility Bite?

July 3, 2025
North Korean operatives and American accomplices accused in massive fraud that infiltrated the Fortune 500 and stole millions

North Korean operatives and American accomplices accused in massive fraud that infiltrated the Fortune 500 and stole millions

June 30, 2025
Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin

Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin

July 4, 2025
Trump’s ‘Big Beautiful Bill’ may end clean energy credits. Critics warn it could send utility bills ‘through the roof’

Trump’s ‘Big Beautiful Bill’ may end clean energy credits. Critics warn it could send utility bills ‘through the roof’

July 1, 2025
Donald Trump threatens to raise tariffs again on Japan

Donald Trump threatens to raise tariffs again on Japan

July 1, 2025
Crypto Tycoon Tim Heath Foils Kidnapping Attempt by Biting Off Attacker’s Finger

Crypto Tycoon Tim Heath Foils Kidnapping Attempt by Biting Off Attacker’s Finger

July 3, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

ChatGPT’s 42-Signal Analysis Spots SOL Breakout on M of Staking

ChatGPT’s 42-Signal Analysis Spots SOL Breakout on $33M of Staking

July 4, 2025
Palestine Action loses bid to secure block on UK government ban

Palestine Action loses bid to secure block on UK government ban

July 4, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!