Chipotle sales crater 30% in December (CMG)
|01/06/2016||Posted by BusinessMediaguide.Com under General World News||
Sales at Chipotle are falling off a cliff.
In a filing with the SEC on Wednesday, the fast food chain disclosed that for the month of December same-store sales — or sales at locations open for at least a year — were down 30%.
This decline in sales follows an outbreak of E. coli tied to the restaurant chain as well as reports of a norovirus outbreak at a location near Boston College in Massachusetts.
Additionally, Chipotle disclosed that it was, “served with a Federal Grand Jury Subpoena from the U.S. District Court for the Central District of California in read more >>>
Source : BusinessInsider.Com