In his new role, Kidd will oversee the day-to-day operations of Chipotle’s nearly 3,800 restaurants across multiple countries, supporting the company’s 130,000 team members.
The investment area alone spans 140,000 square meters and includes 12 restaurant buildings, four malls, five fountains, a theater, celebration square, extensive landscaping, and parking structures.
A key feature of the investment is the integration of energy-efficiency measures to improve the sustainability of pubs.
Despite the overall slowdown, McDonald’s international developmental licensed markets delivered a 3.5% rise in sales, offering a bright spot in an otherwise flat quarter.
Specialising in customisation of plastic and paper-based cups, containers, and clamshells, the facility will enhance Hotpack’s ability to serve the U.S. market with increased efficiency and flexibility.
While domestic same-store sales grew modestly by 0.5%, overall system-wide sales hit a record US$1.3 billion, underpinned by strategic initiatives like the rollout of Wingstop Smart Kitchen technology in over 200 locations.
The company also expanded its global footprint, reporting a 3% increase in unit count with 751 new stores opened during the period.
Starbucks reported the opening of 213 net new stores during the period, bringing its global total to 40,789 locations.
The store offers both indoor and outdoor seating, providing a comfortable setting for customers to enjoy their drinks and baked treats.