CHICAGO, IL – OCTOBER 25: Food is served at a Chipotle restaurant on October 25, 2017 in Chicago, Illinois. Chipotle stock fell more than 14 percent today after a weak 3Q earnings. (Photo Illustration by Scott Olson/Getty Images)
(Photo Illustration by Scott Olson/Getty Images)(Photo Illustration by Scott Olson/Getty Images)Chipotle just announced they will close 55 to 65 locations in the very near future.
According to WFMY, some of the yet-to-be announced locations will close over the next month.
While the location closings are a major change, the company will also make other changes as well, such as spending more money on marketing, offering a loyalty program, and encouraging more of their customers to order their meal online.
Chipotle is also testing several new possible additions to their menu such as a chocolate milkshake, nachos, in addition to special deals, with an emphasis of getting people in the door to snack on items in between meal times.
We'll let you know which locations are closing their doors when the information becomes available.
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