Running a business in California is more difficult than in others due to the high cost of living, labor relations, and stricter regulations, according to Chipotle CEO Brian Niccol. “Unfortunately, it’s getting harder versus being easier,” he told Bloomberg on May 4. “We have tremendous business in California. I wish it wasn’t as hard as…
California’s Business Climate the Most Difficult to Navigate: Chipotle CEO
Chipotle CEO: California’s Business Climate the Most Difficult to Navigate
Running a business in California is more difficult than in others due to the high cost of living, labor relations, and stricter regulations, according to Chipotle CEO Brian Niccol. “Unfortunately, it’s getting harder versus being easier,” he told Bloomberg on May 4. “We have tremendous business in California. I wish it wasn’t as hard as…
National Retailers Detail Supply Chain Challenges, Strategies, and Need to Diversify Suppliers
Major U.S. retailers are looking at ways to make their supply chains stronger, sustainable, and more resilient. Because of the supply-chain crisis unleashed by COVID-19, they are wanting to do so in a unified way not only for their businesses but for the 42 million workers employed in the retail sector. Gathering at the National Retail Federation’s…
Chipotle Raises Menu Prices as Employee Costs Increase
Chipotle Mexican Grill Inc said on Tuesday it has increased prices for products across its menu by about 4 percent owing to rising labor costs. Several companies in the retail space, including McDonald’s and Walmart, have increased hourly wages for employees in recent months to retain and hire more workers to keep up with a…
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