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Assembly-Line Pizza: Die volgende Chipotle?

Assembly-Line Pizza: Die volgende Chipotle?


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Beleggers sien die kitskos-konsepte in Chipotle-styl opstaan

'N Chipotle-burrito is deesdae 'n stapelvoedsel, veral onder die skare, en dit is dus sinvol dat ander restaurante 'n gepersonaliseerde neiging aanpak.

Die beste plek om hierdie werk te laat werk? Pizza -gewrigte, natuurlik. Dit wil nie sê dat gepersonaliseerde pizza's van twee minute nie alreeds 'n stapelvoedsel in die kollege-dieet is nie (het iemand al ooit by die eetsale geëet? Dit is nie 'n nuwe neiging nie), maar beleggers soos Maria Shriver, Tom Werner (Boston Red Sox) mede-eienaar), en Andrew Cherng, stigter van Panda Express, het na bewering $ 3 miljoen in die volgende vinnig-toevallige, monteerbaanverbinding: Blaze Pizza.

Bloomberg berig dat Blaze die volgende Chipotle sal wees, met $ 6,85 pizzas wat vars gemaak word via 'n lopende band, in 'n oond van 800 grade neergesit word en in 120 sekondes gebak word. 'Dit is Chipotle vir pizza', het mede-stigter Rick Wetzel aan Bloomberg gesê, terwyl Blaze slegs twee plekke in Kalifornië het, maar dit beplan om teen einde 2013 15 winkels te hê, wat uitbrei na Chicago en New York.

Vervolgens dink ons ​​aan die sushi van die lyn. Iemand moet dit beter aanpak.


'N Pizza-ketting in Chipotle-styl wat deur LeBron James onderskryf word, neem Amerika oor

Die handelsmerk het 50 restaurante regoor die land in 2014 geopen. Vanjaar beplan hy om 60 tot 70 nuwe plekke oop te maak.

Bekendes soos LeBron James en Maria Shriver het belê in die handelsmerk, wat in Suid -Kalifornië gevestig is.

Net soos Chipotle of Subway, beklemtoon Blaze Pizza aanpassing.

Kliënte bou pizza's uit sewe kase, agt proteïene, 20 groente en drie souse, het Jim Mizes, die president en bedryfshoof, aan Business Insider gesê.

Die pizzas word dan in 'n klipoond geplaas. Hulle is binne ongeveer drie minute gereed.

'N Paar jaar gelede was Blaze Pizza net 'n idee.

In 2011 het Rick en Elise Wetzel, stigters van Wetzel se pretzels, 'n vinnige pizza-ketting gaan soek. Hulle kom met leë hande op.

Die egpaar het die beroemde pizzakok Bradford Kent se hulp ingeroep om 'n 'beter pizza' -ketting te open.

'Tot onlangs was u enigste opsies die groot, tradisionele pizza-kettings of sit-restaurante,' het Mizes gesê. 'Ons wou iets bou met 'n moderne draai wat by duisendjariges aanklank vind.'

Volgens Mises het die vars bestanddele en die oond met 'n vuurherd die produk beter laat smaak. Blaze Pizza maak die deeg met die hand en laat dit 24 uur rys voor dit bedien word.

Pryse wissel tussen $ 5-10, afhangende van die toppings.

'Ons neem pizza terug na die wortels,' het hy gesê. "As u die metode gebruik om pizza op 'n vervoer oond te sit, kry u 'n produk van minder kwaliteit."

Terwyl Blaze Pizza 'n verskeidenheid pasteie op die spyskaart het, skat Mizes dat 90% van die bestellings op een of ander manier aangepas word.

Die moderne argitektuur van die ketting is beïnvloed deur Chipotle. Die restaurante het 'n slanke, moderne, stedelike gevoel met baie vlekvrye staal en herwonne hout.

"Die atmosfeer help om die kwaliteit van die produk na vore te bring," het Mizes gesê. "As jy 'n Chipotle -burrito in 'n Taco Bell eet, sal dit nie so lekker smaak nie."

Die ketting lei ook werkers op om te groet en met kliënte te skakel.

Blaze Pizza het 'n mate van mededinging.

Chipotle maak sy derde Pizzeria Locale oop. Die ketting is baie soortgelyk aan Blaze Pizza.

Ander vinnig-toevallige kettings, soos PizzaRev, het ook in gewildheid uitgebrei.

Maar Mizes sê dat sy handelsmerk tot voordeel gestrek het deur vroeg in die onderneming te tree.

'Ons het vroeg in die wedstryd gekom en die wind op ons rug,' het hy gesê. "Ons maak elke vyf dae 'n nuwe restaurant oop en sal net aanhou groei."


Die resep vir Chipotle se sukses

'N Kykie na hoe Chipotle 'n unieke werkingsmodel uitgevind het om vinnige, bekostigbare Mexikaanse kos van hoë gehalte te lewer.

Ek het baie tyd daaraan gedink hoe Chipotle dit regkry om konsekwent die beste burrito's ter wêreld te maak. Chipotle is 'n groot deel van my lewe sedert ek die ketting die eerste keer ontdek het toe ek op hoërskool was. Baie het sedertdien verander-stede, werk, verhoudings, my haarkleur-maar Chipotle se guacamole en salsa-belaaide goedheid was daar vir my. En noudat ek TOM geneem het, verstaan ​​ek uiteindelik waar die magie in die silwer verpakking vandaan kom: die noue aanpassing van hul sakemodel en bedryfsmodel!


Eerstens, hul sakemodel: Kos met integriteit. Wat beteken dit, vra jy? Vinnige, bekostigbare kos van hoë gehalte. Hulle is daartoe verbind om die beste bestanddele wat hulle kan vind, met die hand voor te berei. In die woorde van die uitvoerende hoof lewer hulle "vars, plaaslike, volhoubare bestanddele, gekook met klassieke metodes in 'n oop kombuis waar die kliënt alles kan sien en bedien in 'n aangename omgewing." Sien - hy kan nie eers hul strategie verduidelik sonder om by hul werkingsmodel in te gaan nie!

Chipotle was so suksesvol om hul besigheid en bedryfsmodel te skaal dat hulle 'n hele nuwe segment van die mark geskep het: Fast Casual. En hulle slaag daarin om 25 tot 26% marges te genereer, een van die hoogste in die kitskosbedryf. Hier is 'n paar van die kritieke elemente van hul werkingsmodel wat hulle in staat stel om dit konsekwent op hul 1700 plekke te lewer:

Spyskaart: Chipotle het 'n baie vaartbelynde spyskaart met slegs vier items - burrito, burrito -bak, taco's en 'n slaai. Vir elkeen is daar 5 verskillende proteïenkeuses, 2 soorte rys, 2 soorte boontjies en 9 verskillende soorte salsa en toppings waaruit kliënte kan kies. As gevolg hiervan hoef Chipotle slegs 24 bestanddele in voorraad te hou, wat koste, kompleksiteit en afval beperk. Maar kliënte kan steeds meer as 1 620 verskillende kombinasies skep - 'n wen / wen as jy my vra!

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Produksie: Kos word in 'n monteerbaan berei. Daar is tipies 3 spanlede wat op verskillende plekke op die lyn beman word - die eerste rooster tortillas en voeg rys en boontjies by, die tweede voeg die proteïene en salsa by, en die laaste stasie voeg byvoegings by. Deur arbeid op hierdie manier te verbreek, kan Chipotle die siklustye ooreenstem, wat die knelpunte verminder en die lyn aan die gang hou. As gevolg hiervan kan Chipotle soveel as 300 bestellings per uur invul op die beste plekke en dit is elke 12 sekondes 'n burrito!

Verder loop die klant langs die ry terwyl hul kos voorberei word. Hierdeur kan die kliënt die relevante Chipotle -spanlid die nodige inligting gee om die deel van hul bestelling te voltooi. As gevolg hiervan het Chipotle geen spoggerige stelsel nodig om inligtingstelsels te bestuur of op te spoor nie, en nog meer doeltreffendheid en kostebesparings! Glo my nie? Vra hierdie man:

Beperkte diens: Kliënte bestel by die toonbank en ry hul eie tafels, wat die behoefte aan ekstra arbeid uitskakel om kliënte te bedien en help om die koste laag te hou.

Noue verhoudings met verskaffers: Bestanddele van hoë gehalte, verantwoordelik vervaardig, is die kern van die sakemodelle van Chipotle. Hulle gebruik nie bestanddele wat GMO's bevat nie, wat in 80% van die tradisioneel verwerkte voedsel voorkom, en daarom het hulle 'n streng seleksie- en keuringsproses ontwikkel om verskaffers te vind wat aan hul streng vereistes voldoen. Daar is nie baie verskaffers wat aan hul vereistes voldoen nie, daarom loop hulle 'n groot risiko vir onderbrekings in die voorsieningsketting. Om die risiko te verminder en konsekwent te voorsien, spandeer Chipotle aansienlike hulpbronne om langdurige, samewerkende verhoudings met verskaffers op te bou.

Dit blyk ook dat Chipotle selfs hais 'n TV -program. Dit is nie relevant vir hul besigheid of werksmodel nie, maar 'n prettige feit wat ek geleer het tydens die ondersoek na hierdie projek. Met, ek vertrek na Chipotle vir 'n aandete!


Pie-ology wil die Chipotle van pizza-kettings wees

Pie-ology Pizzeria ’s monteerbaan styl van bestel het klante noem dit die Chipotle van pizza -plekke in Orange County.

Geleë in Fullerton, in die straat van die Cal State-kampus, het Pie-ology 'n goeie gevolg gekry in die drie maande wat dit oop was.

Net soos Chipotle stel Pie-ology kliënte in staat om te besluit watter byvoegings hulle op hul 12-inch pizza wil hê, alles vir $ 7,50. Die restaurant bied 'n eenvoudige spyskaart met sewe pizza's vir gaste wat nie hul eie wil bou nie, en stel hulle in staat om ekstra byvoegings sonder ekstra koste by te voeg.

Pie-ology bied gasvrou Ding-Dongs en tuisgemaakte kaneelstokkies as nagereg aan.

Die eienaar van Pie-ology, James Markham (41), het gesê dat hy die konsep van monteerbaan by Chipotle wil kombineer met sy liefde vir pizza.

'Ek is mal oor Chipotle. Ek dink dit is 'n wonderlike konsep, 'het Markham gesê. "As mense ons met Chipotle vergelyk, voel dit asof dit die uiteindelike vorm van vleitaal is."

Alkohol is die enigste ding wat ontbreek in die Pie-ology-spyskaart, maar volgens Markham is die restaurant besig om sy dranklisensie te kry.

Markham is 'n 20-jarige veteraan in die restaurantbedryf. Hy het voorheen 'n wêreldwye reeks pizzeria's gehad wat die New York Style Pizza genoem is. Nadat hy jare aan die onderneming gewerk het, wou Markham iets anders doen en het hy resepte begin ontwikkel vir sy nuutste skepping, Pie-ology.

'Die getalle was wonderlik,' het Markham gesê. 'Mense is mal oor ons.'

Saterdag om 21:00 was die restaurant nog besig om honger gaste te bedien. Daardie aand het Fernando Gomez (30) en Pam Tedrow (30) vir die eerste keer by Pie-ology geëet.

'Ons is mal daaroor,' het Gomez gesê. 'Waar ek ook al my eie kos kan skep, is 'n wonderlike plek.'

Adam Goldman (40) neem sy gesin vir ongeveer 'n maand na Pie-ology. Hy het gesê dat die prys en kwaliteit van die pizza hom laat terugkom.

"Die pizza is soortgelyk aan Red Brick, maar die diens is baie vinniger en vriendeliker," het Goldman gesê.

Markham beplan sy uitbreiding van Pie-ology en kyk na plekke in Orange County en Los Angeles. Hy voorspel dat 25 pie-ology-winkels in die volgende twee jaar oop sal wees, maar is onseker of hy 'n franchise sal doen.

Pie-ology is geleë op 516 N. State College Blvd in Fullerton. Kyk na die resensie van Food Frenzy oor Pie-ology.

-Deur Hannah Fry / Vir die Orange County Register

Vertel ons: Het jy al by Pie-ology geëet? Wat dink u van die monteerlynstyl om te bestel?

Sluit aan by die gesprek: LIKE my nuwe Facebook-fanbladsy vir intydse inligting oor plaaslike kosnuus, neigings en aanbiedings. Ons het 'n goeie gesprek oor restaurante, so kom geniet die pret. U kan my ook op Twitter volg.


New Orland Restaurant wil 'n metro of 'n pizza wees

Vir twee jaar het vriende Jason Walsh en John Sanfilippo die volgende groot ding in pizza beplan. Teen die tyd dat hul restaurant, Pronto Pizza Kitchen in Orland Park, oopgemaak het, het hulle mededinging gehad.

Walsh, wat Packard Business Consulting bestuur, dinkskrums saam met Sanfilippo, 'n jarelange handelaar wat sy kookvaardighede wou gebruik om by die restaurantbedryf betrokke te raak.

"Pizza," dink hulle. "Almal hou van pizza."

Maar, soos Walsh herken het, is daar meer as 20 pizza -plekke om van te kies in Orlando Park alleen.

'Hoe kan u 'n ander model skep?' Walsh gesê. "Een probleem wat ons met pizza gesien het, was dat dit ongesond kan wees, so ons wou mense die keuse gee om 'n gesonder pizza te maak. Ons wou die metro of die pizza van pizza wees."

Dit is die rolmodelle in sowel die konsep as die voetspoor by Pronto Pizza Kitchen, 15222 S. La Grange Rd. in Ravinia Plaza in Orland Park. Walsh het gesê die doel is ''n paar honderd hiervan, ons wil dit franchise.' Die restaurant Orlando Park het in Desember geopen, en hy en Sanfilippo, wat albei in Frankfort woon, het reeds plekke vir hul volgende trek - na Naperville en die South Loop.

Die konsep is die manier waarop u 'n bestelling maak, soos in Subway vir toebroodjies en Chipotle vir burrito's. 'Die kies van u eie mentaliteit is die warmste rage,' het Walsh gesê.

Teen die tyd dat Pronto Pizza in Orlando oopgemaak het, het 'n ander soortgelyke en plaaslike konsep bestaan: Wooden Paddle Pizza, wat, net soos Pronto, kliënte in staat stel om hul kors, sous, vleis, groente en kase te kies. (Wooden Paddle word egter slegs vervoer en afgelewer, terwyl Pronto sitplek bied saam met wyn, bier en meer.)

By die beplanning van die restaurant het Walsh gesê dat hy op 'n paar soortgelyke plekke in Kalifornië afgekom het: Pizza Blaze en Pizza Rev, laasgenoemde waarin Buffalo Wild Wings belê het. Dit was 'n teken dat u 'n pizza kan maak wat u self kan maak, en nou blyk dit dat dit die geval kan wees, want Chipotle gebruik sy eie konsep met die Pizzeria Locale-ketting in Colorado en die stigters van California Pizza Kitchen gaan ook oor na 'n vinnige gemaklike styl.

Alhoewel kompetisie en ander aanbiedings in die Chicago-omgewing vir Pronto Pizza binnekort kan kom, is die fokus daarop om die eerste een in Orland Park so goed moontlik te maak, met hoë kwaliteit en gesonde bestanddele en 'n ontspanne en rustieke atmosfeer.

Kliënte kan 'n kenmerkende pizza of slaai kies om te eet, of maak hul eie uit die 45 bestanddele, wat gesonder opsies insluit, soos koring of glutenvrye kors, olie as sous, hoender as vleis en baie groente. Die pizzas is elk 10-duim-persoonlike pasteie en dit neem ongeveer vyf minute om in die oond van 5 000 pond te bak. Elke pizza of slaai kos $ 7,95, ongeag die bestanddele wat gebruik word. Daar is ook oondgebakte koekies en sagte bedien as nagereg.

Walsh het gesê die terugvoer was tot dusver uitstekend, en baie mense kom elke week verskeie kere in vir 'n vinnige en lekker ete.

'Ons sê altyd' ons sien julle more! ' want dit is soms die geval, ”het Walsh gesê. "Mense kom hiernatoe omdat dit iets anders is. Hulle kom vir die atmosfeer en die lekker kos."


Die volgende Chipotle? Dit kan Pizza Hut wees

KFC en Taco Bell, twee van die drie hoofeenhede van Yum Brands (YUM), het uit hul kitskos-gemaksone gestap om 'n vastrapplek te kry in die vinnig groeiende restaurant wat vinnig toeneem. Die derde een het nie. Dit is Plano, die in Texas gevestigde Pizza Hut, die grootste pizza-ketting ter wêreld, met byna 15 000 plekke regoor die wêreld.

Daar is beslis geen waarborg nie, maar dit sal nie 'n skok wees as dit in hierdie koninkryk uitbrei nie, want pizza het sy eie vinnig-toevallige stel "handwerk" pizzeria's. Dit is een van die lewendige restaurantneigings wat gebou word rondom aanpassing en minder verwerkte bestanddele, en groot name begin handelsmerke en belê in ambagsmanlike pizza. Pizza Inn (PZZI) besit veral die groeiende Pie Five-ketting, terwyl Buffalo Wild Wings (BWLD) 'n aandeel in PizzaRev in Kalifornië verkry het, en Chipotle (CMG) het Colorado se Pizzeria Locale finansieel gesteun.

Alhoewel dit spekulatief is, vind Darren Tristano, uitvoerende vise-president van die navorsingsgroep Technomic in die voedselbedryf, die meriete van die idee. Hoewel bestaande winkels steeds sal baat by die gemak wat pizza-afleweringsdienste vir gesinne en groot byeenkomste by die huis bied, het die vinnige invloed 'n merkbare invloed op die groep, sê hy.

"As dit kom by middagete en as dit kom by aandete, neem hierdie hele vinnige pizza 'n aantal stede met 'n storm," sê hy. "En Pizza Hut moet regtig daarvan bewus wees, daarin belê en moontlik daarna ontwikkel."

Teoreties kan dit op 'n paar maniere gedoen word: veranderinge aanbring aan bestaande plekke, 'n heeltemal nuwe restaurant met 'n nuwe naam oopmaak of 'n bestaande operateur koop. Die eerste van hulle, wat die huidige winkels vinnig en op enige skaal in die rigting van pizza in die ambagstyl verander, is uiters moeilik om te begryp. Die tweede idee sou behels dat Pizza Hut sy eie handelsmerk ontwikkel, soos KFC met KFC elf, Super Chix en Banh Shop gedoen het, en soos Taco Bell met die Amerikaanse Taco Co gedoen het. belê in 'n belowende ketting wat reeds besig is om uit te bou en sukses toon, sê Tristano.

PMQ Pizza Magazine het bedryfsdata gepubliseer wat die grootte van die Amerikaanse pizzamark skat op $ 37,3 miljard se verkope en meer as 71,000 restaurante. Op grond van die getalle is Pizza Hut vandag ongeveer 15% van die totale verkoop en 11% van die winkels. Maar verlede jaar het sy plaaslike verkope in dieselfde winkel met 2% gedaal, terwyl die totale verkope teen $ 5,7 miljard onveranderd was vanaf 2012. Verkope per winkel het met 2,5% tot $ 861,000 gedaal. Dit is nie paniektyd nie, maar daar is geen oorwinning om op paniektyd te wag nie. Dit is beslis nog vroeg genoeg op die vinnige gemaklike pizza-tydlyn vir Pizza Hut om wortels neer te sit.

Dit sal ook positief wees in 'n tyd waarin die handelsmerk 'n mate van spanning in die buiteland hanteer. Pizza Hut-ouer Yum het jare lank baie in die buiteland belê, veral in China, maar 'n reeks negatiewe nuusberigte die afgelope paar jaar, insluitend 'n onlangse ondersoek na die verskaffingsketting, het die verkope van KFC en Pizza Hut in die tweede grootste in die wêreld geteister. ekonomie. Verdere aanvaarding van fast casual kan 'n klein hoeveelheid versekering bied - en moontlik 'n lang pad van verkope - teen verdere sulke probleme.

Die nadeel van die gewildheid van pizza in die Verenigde State beteken dat winkels nie moeilik is om te vind nie en dat die mededinging geweldig is. Met 'n vinnige pizzeria, selfs al sou die hoofwinkel van Pizza Hut ebbs wees, sou dit uniek wees, wat belangrik is vir vandag se "moeg vir dieselfde" klante, sowel as nuwe inkomste. Ambachtwinkels probeer om voordeel te trek uit die verveling van verbruikers deur verby die alledaagse toppings, soos pepperoni, verskeie korsgeure, veelvuldige souse, keuse van kase en sous-aan-die-kant-reëls te bied, miskien vir pizza wat Chipotle vir burrito's gedoen het.

En volgens Tristano sien hulle dit reg. 'Hierdie hele vinnige, gemaklike model is 'n model wat hier is om te bly,' sê hy. 'Dit is een wat verbruikers wil hê, en dit is beslis gereed vir groei.'

Pizza Hut en sy grootste mededingers bied gereeld nuwe skeppings en spesiale aanbiedings vir 'n beperkte tyd aan. Dit wissel van pizza's met Blake Shelton-gesteunde braaisous en proewe met laer kalorieë by Pizza Hut self, tot Domino's (DPZ) Toskaanse salami en geroosterde veggie en Papa John's (PZZA) Spinazie Alfredo. Dit is egter aanvullings, 'n knipoog na die kreatiwiteit van fast casual, nie 'n volle toewyding aan 'n toegewyde handwerkmerk nie.

Verlede en toekoms

Of hulle nou hamburgers, burrito's of pizzas verkoop, baie vinnige name sien sterk verkope en verkeer, alhoewel hulle geneig is om hoër pryse te vra as kitskosmededingers. Waarnemers in die bedryf glo dat hulle hul momentum sal behou, aangesien hulle nog klein is en baie moeite doen om op te val. Technomic stel die vinnige restaurante teen 2013 $ 35 miljard in omset, oftewel ongeveer 5% van wat die National Restaurant Association sê, is nou 'n bedryf van $ 683 miljard.

Hier is die invloed groter as die grootte. Hierdie winkels beloof gereeld bestanddele wat vir jou beter is, besorgdheid oor die omgewing en ander temas wat resoneer met die belangrike duisendjarige demografie, sowel as eters wat McDonald's (MCD) verlaat het.

Tog sou hierdie vinnig-toevallige benadering vaardig by Pizza Hut verg. 'N Belangrike oorweging hier is die franchisenemers, wat verlede jaar 94% van die 7 846 Amerikaanse Pizza Huts bestuur het. Hulle sal versigtig bestuur moet word, aangesien hulle mededinging vanuit hul eie huis redelikerwys nie as nuttig vir hul bedrywighede sou beskou nie. Dit kan egter hanteer word, miskien met die vermoë om direk aan die nuwe handelsmerk deel te neem, miskien selfs met 'n omskakelingsopsie, sê Tristano. Pizza Hut, wat sedert 1958 bedrywig was, sou trou aan sy verlede moes bly terwyl hy 'n nuwe pad na die toekoms sou begin. Dit sal nie maklik wees nie.

'Dit is nie in hul aard om 'n vinnige restaurant te wees nie,' sê Tristano en voeg by dat Pizza Hut 'n verhaal is van restaurante met volledige diens en beperkte dienslewering. 'Hulle kan moontlik hul eie grootste vyand en padblokkade wees as gevolg van hul geskiedenis, hul aard, hul handelsmerk en wie hulle is.'

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(Bloomberg)-Die vragmotorhoof van Daimler AG verwag dat groot tuine met waterstof 'n belangrike rol sal speel om emissies uit die vervoersektor te verminder, ondanks die tegnologiese struikelblokke en skeptisisme wat deur twee prominente mededingers veroorsaak word. van die skaarste aan sekere grondstowwe en uitdagings, sal roosters ondersteunende wye laadnetwerke vir vragmotors en busse ondersteun, het Martin Daum, uitvoerende hoof van Daimler Truck, in 'n telefoniese onderhoud gesê. die klimaatdoelwitte, ”het Daum gesê. 'Die fokus sal tot 2025 100% op battery-elektriese voertuie wees. Tussen 2025 en 2035 gaan ons beide battery-elektriese en brandstofselvoertuie nodig hê, want die massiewe groeiende infrastruktuurvereistes vereis 'n tweeben-benadering. word al jare as 'n moontlike alternatief vir verbrandingsenjins aangewys. Maar hoë koste en skaars brandstofinfrastruktuur het 'n breër aanvaarding in die weg geruim en die tegnologie ver agter die battery-elektriese dryfbane in die motorvoertuigmark gelaat. Elektrifisering van kommersiële voertuie is meer kompleks-hulle is groter, swaarder en word vir alles gebruik van aflewerings aan supermarkte in stedelike gebiede tot langafstandvervoer in afgeleë gebiede. Daimler het onlangs 'n gesamentlike onderneming gestig met sy mededinger Volvo AB om gesamentlik brandstofselstapels te ontwikkel. Terwyl prominente bedryfsleiers, waaronder Elon Musk van Tesla Inc. en Herbert Diess, Volkswagen AG, herhaaldelik kritiek gelewer het en aangevoer het dat batterykrag die enigste pad vorentoe is, Daimler en Volvo sien nie alleen die potensiaal op lang termyn raak nie. 'Dit is eenvoudig onmoontlik om teen 2050 die netto-nul te bereik sonder dat waterstof 'n belangrike rol speel.' Die verdeling weerspieël die uiteenlopende tegnologiese neigings tussen passasiersmotors en handelsvoertuie. Albei sal enorme belegging in nuwe tegnologie nodig hê om aan strenger emissiestandaarde te voldoen.Daum (61) het Donderdag meer aggressiewe winsgewendheidsdoelwitte opgestel en doelwitte om die geld te genereer wat nodig is om die bedryf te transformeer. “Ons wil 'n veerkragtige onderneming wees wat kan vermy verliese selfs in moeilike jare, ”het hy gesê. Die eenheid beplan om later vanjaar op die Frankfurtse aandelebeurs te noteer en kan die DAX-indeks van Blue Chip in die land binnegaan. Terwyl Volvo pas sy teenwoordigheid in Asië geknip het deur sy UD Trucks -onderneming in Japan te verkoop, voltooi VW se Traton SE -eenheid die volgende kwartaal die oorname van die Amerikaanse vragmotorvervaardiger Navistar International Corp. BharatBenz in Indië, Setra in Duitsland en Freightliner, Thomas Built en Western Star in Noord -Amerika. Bestuurders het Donderdag gesê dat die verhoging van winsgewendheid by Europese bedrywighede 'n topprioriteit sal wees en belowe om personeel- en materiaalkoste te verlaag om meer mededingend in die streek te word. oor die onderneming se eie bedrywighede. 'Ek sien nie dat dit nodig is dat ons 'n bate kan toevoeg tot ons Europese onderneming nie,' het hy gesê. “Daar is geen planne vir enige strukturele veranderinge nie.” Meer berigte soos hierdie is beskikbaar op bloomberg.com Teken nou in om voor te bly by die betroubaarste nuusbron vir sake. © 2021 Bloomberg L.P.

Rykdomsfonds wat die wins nou vervierdubbel, draai met 'n weddenskap op Europa

(Bloomberg) - Teken in op die New Economy Daily nuusbrief, volg ons @economics en teken in op ons podcast.Een van Afrika se grootste soewereine welvaartfondse het die golf van Amerikaanse tegnologie -aandele tot 'n banier 2020 gery. Die Nigeriese soewereine beleggingsowerheid, wat 'n toename van 51% in bates wat die fonds meer as $ 2 miljard beloop het, verhoog, verhoog die blootstelling aan Europese aandele en voeg 'n paar Japannese aandele by, het Uche Orji, uitvoerende hoof, in 'n onderhoud gesê. Die oudstudent van die Goldman Sachs Group Inc. sien geleenthede terwyl Europa begin oopgaan weens Covid -lockdowns. "Verlede jaar het Europa groot tyd onderpresteer in Amerika", aangesien beleggers geld oorgeplaas het na tegnologieondernemings wat voordeel trek uit die verskuiwing na aanlyndienste by die aanvang van die koronaviruspandemie , Het Orji gesê. Namate die wêreldekonomie heropen, sal lande met 'n breër nywerheidsbasis en dienste soos Europa 'interessanter word', het hy gesê. die vordering van die koronavirus, terwyl die fiskale en monetêre beleid in die hele gebied los bly. Dit het beter gevaar as die S & ampP 500-indeks en die MSCI All Countries World Index, wat in die jaar tot dusver onderskeidelik met 9,6% en 7,5% gestyg het. Ongeveer 'n derde van die bedrag word gehou deur sy Future Generations Fund, wat aandele in ontwikkelde en ontluikende markte koop. Die owerheid het verlede jaar 25% van die FGF in aandele belê, met die 'grootmaat' in die VSA, terwyl Europese aandele minder as 4% uitgemaak het, het Orji gesê. 'Ons gaan net meer kapitaal byvoeg om ons voetspore in Europa en Japan, maar veral Europa is 'n gebied waar ons nog nie 'n groot teenwoordigheid gehad het nie, 'het hy gesê. Orji (51) het meer as twee dekades se ervaring in internasionale bankwese, met 'n MBA van Harvard Business School. Voordat hy in 2012 as uitvoerende hoof van die NSIA aangestel is, het hy 'n draai by Goldman Sachs Asset Management LP, JPMorgan Chase & amp Co. en UBS Securities gehad. ). Opbrengste vanjaar sal waarskynlik 2020 volg, namate die toename in wêreldwye aandele verslap, en as dit belê in infrastruktuurprojekte wat langer kan neem om inkomste te genereer, het Orji gesê. siektes, insluitend kanker en ortopedie. Die bevolkte land van Afrika het al dekades lank nie voldoende beleggings in gesondheidsorg nie, wat burgers, waaronder president Muhammadu Buhari, genoop het om in die buiteland behandeling te soek. soos hierdie is beskikbaar op bloomberg.com Teken nou in om voor te bly met die betroubaarste nuusbron vir sake. © 2021 Bloomberg LP

China hamer Bitcoin opnuut met waarskuwing oor die ineenstorting van mynwerkers

(Bloomberg) - Bitcoin hervat sy verkoop Vrydag nadat China 'n waarskuwing herhaal het dat hy van plan is om die mynbou van kriptokurrency in te perk as deel van 'n poging om finansiële risiko's te beheer. In New York. Die verklaring Vrydag na 'n vergadering van die komitee vir finansiële stabiliteit en ontwikkeling het die laaste slag in 'n rowwe week vir die mark vir kriptokurrency gelewer, wat deur gedwonge verkope en 'n moontlike Amerikaanse belastingvermindering geruk is. China het lankal ontevredenheid uitgespreek oor die anonimiteit van Bitcoin en ander kripto -tokens, en het vroeër die week gewaarsku dat finansiële instellings dit nie vir betaling mag aanvaar nie. Die land is die tuiste van 'n groot konsentrasie van die wêreld se kripto -mynwerkers wat transaksies verifieer en groot hoeveelhede pendelkrag benodig, wat die land se kweekhuisgasvrystellings bedreig. wil meer handhawing hê, ”het Bobby Lee, stigter en uitvoerende hoof van die kripto -bergingsverskaffer Ballet, Vrydag in 'n onderhoud gesê. 'Maar in terme van die reëls, is dit dieselfde in terme van wat toegelaat en nie toegelaat word nie. Daar word gepraat oor agtervolging van mynwerkers. Die vraag is of hulle al die mynwerkers kan vang. ”Vrydag se uitverkoping het Bitcoin-gelowiges getref wat nog steeds beroerd is nadat voormalige voorstander Elon Musk 'n gesig gehad het en die teken gekritiseer het oor sy energieverbruik. Bitcoin is sedert verlede Vrydag ongeveer 38% laer, alhoewel dit van 'n daling van Woensdag tot $ 30,000 gestyg het. Other coins have slumped too -- Ether is down about 38% over the past seven sessions.The sour stretch for digital tokens started with Musk suspending acceptance of Bitcoin payments at Tesla Inc. and trading barbs with boosters of the cryptocurrency on Twitter. China’s central bank added to the downdraft Tuesday after carrying a statement warning against using virtual currencies. On Thursday, it emerged the U.S. may require crypto transactions of $10,000 or more to be reported to tax authorities.China moves this week ultimately highlight the country’s continued desire to seek control over the notoriously volatile asset class. It’s something China would rather see regulated by the People’s Bank of China, market watchers say.“It’s not really the mining issue that is the problem,” said Matt Maley, chief market strategist for Miller Tabak + Co. “They say they’re doing this as part of an effort to control risk taking in their markets, but it’s really a signal that China is not going to be a big market for cryptos unless it’s a PBOC-controlled one.”In the meantime, volatility in Bitcoin is likely to stay elevated. The selloff Friday has once again pushed Bitcoin below its average price over the past 200 days, which to some chartists and technical analysts suggests it could trend lower still to around $30,000, where it found support earlier this week.This week’s swings have led to huge liquidations by leveraged investors and damaged the narrative that cryptocurrencies will become more stable as the sector matures. Musk’s actions showed how just a few tweets can still upend the entire market. But even more so, the past few days has also reiterated the regulatory threat on the crypto market.“Investors are underestimating the regulatory risk of crypto as governments defend their lucrative monopolies over currency,” said Jay Hatfield, chief executive officer of Infrastructure Capital Advisors in New York. In the U.S., the possible imposition of transaction reporting requirements could be the “tip of the iceberg” of potential Treasury rules on virtual currencies, he said.As far as regulations in China go, it may be a game of wait and see.“You must always proceed cautiously with China -- never get too bullish or bearish,” said David Tawil, president of ProChain Capital. “We’ll have to see what the regulation brings. It’s one thing to say, it’s another to do.”(Updates prices, adds comments in fourth, eighth and last paragraphs)More stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Trudeau Tightens Up Mortgages After Macklem Sounds Housing Alarm

(Bloomberg) -- Canadian officials escalated efforts to cool the nation’s booming housing market, moving ahead with tighter mortgage qualification rules after the central bank issued a fresh warning against buyers taking on too much debt.Prime Minister Justin Trudeau’s government set a new benchmark interest rate on Thursday afternoon to determine whether people can qualify for mortgages that are insured by Canada’s housing agency. The move matches an April decision by the nation’s banking regulator to do the same for uninsured mortgages.The regulator -- the Office of the Superintendent of Financial Institutions -- announced earlier Thursday it would implement its new rules June 1.Those steps coincided with a stern warning from Bank of Canada Governor Tiff Macklem in the morning cautioning that Canadians should neither assume interest rates will remain at historic lows nor expect recent sharp gains in home prices to continue.“It is vitally important that homeownership remain within reach for Canadians,” Finance Minister Chrystia Freeland said in a statement.The moves come amid a surge in housing prices that’s raising concern among policy makers and economists. Cheap mortgages and new remote-working conditions have spurred a frenzy of demand for more spacious homes, with house hunters bidding up prices across the country.Canadians are so alarmed by the red-hot housing that nearly half the respondents in a Nanos Research Group poll for Bloomberg News say they’d like to see the Bank of Canada raise borrowing costs to curb demand for real estate and stabilize prices.Still, the measures announced Thursday are seen as incremental steps rather than representing a fundamental shift in policy.With the changes, home buyers will have to show they can afford a minimum rate of 5.25%. The current threshold, based on posted rates of Canada’s six largest lenders, is 4.79%. Economists have been estimating the tighter qualification restrictions would reduce the buying power of households by about 5%.The changes will have little impact on current housing price dynamics, according to Benjamin Tal, deputy chief economist at Canadian Imperial Bank of Commerce.“This is not a game changer by any stretch of the imagination and it was highly expected,” Tal said by phone from Toronto.The measures from the government and the regulator came only hours after the Bank of Canada released its annual financial stability report, which highlighted the growing vulnerabilities associated with overleveraged households and speculative housing activity. It flagged three urban markets -- Toronto, Hamilton and Montreal -- as showing excess “exuberance,” with the national capital of Ottawa on the cusp of crossing that threshold.‘Not Normal”At a press conference, Macklem said some people have taken on “significantly” more debt, with many carrying very large mortgages relative to income. Borrowers and lenders need to understand that interest rates won’t always be at historic lows, and home buyers won’t be able to rely on rising values, he said.“It is important to understand that the recent rapid increases in home prices are not normal,” Macklem said. “Counting on ever higher house prices to build home equity that can be used to refinance mortgages in the future is a bad idea.”Outside of the warnings Thursday, it’s not clear how much the central bank can do to cool the market.Growing household vulnerabilities could give policy makers more reason to consider raising borrowing costs, for example, but higher rates would also inflate risks -- such as slow growth or a price correction. Macklem’s next interest-rate decision is due June 9 and the Bank of Canada has said it won’t consider raising its 0.25% benchmark rate until he economy is recovers fully from the Covid-19 pandemic.The Bank of Canada’s financial system review did find that Canada’s lenders could absorb a significant amount of losses in the case of another shock. The central bank said household debt and housing market vulnerabilities probably don’t pose a significant systemic threat to bank solvency, even though they could undermine future growth.“We have to look at the whole economy,” Macklem said at the press conference. “There are important parts of the economy that remain very weak, and the economy needs our support.”(Updates with context throughout.)More stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Pound hits $1.42 as economy roars back to life

Shares in the cannabis research firm backed by Snoop Dogg jumped by as much as 50pc on its market debut, as investors lapped up the chance to invest in the emerging industry. Oxford Cannabinoid Technologies, which is developing pain-relief medicines based on cannabis compounds, spiked in early trading on Friday, after shares were admitted to the London Stock Exchange. The company's share price hit 7.50p before later dropping to around 4.875p, just slightly below the listing price. Oxford Cannabinoid Technologies (OCT), whose shareholders also include tobacco giant Imperial Brands, said it had raised £16.5m in a placing - cash which will go towards its efforts to commercialise a cannabis-related drug for use in pain-relief within the next six years. Flutter Entertainment, the Irish bookmaking holding company created by the merger of Paddy Power and Betfair, climbed to £129.30 from the previous close of £126.70. At the opposite end of the index was Kingfisher, which spent the day dragging on the index. The B&Q owner fell to as much as 354.40p and finished the day 4.5pc down from the previous close, after the company reported product shortages are expected to last for six months and investors wondered how businesses that boomed during lockdown could maintain momentum. British Land shares were also lower ahead of their release of full year numbers next week. Analysts expect them to show 82pc of rent had been collection for FY21. The FTSE 100 traded flat for most of the day on Friday, despite new data showing the UK economy is enjoying an 'unprecedented growth spurt' as it emerges from lockdown. Having dipped below the 7,000 mark in the morning, London's main index was down 1.75pc to close at 7,018.05 in a choppy week where the index hit a one week high and a six-day low in the space of only 24 hours. The pound rose to $1.42 at one point on Friday, as the Office for National Statistics said retail sales surged 9.2pc in April - double the rate economists expected. Eventually it closed up 0.02pc versus the US dollar, $1.418 and was up 0.03pc against the euro at €1.162. Bitcoin clawed its way back to $40,000 after this week's cryptocurrency clash sparked by regulation fears in China. The coin managed to hold the $40,000 level for most of London trading until late afternoon China's Vice Premier Liu He reiterated the government's intention to crackdown on Bitcoin mining and trading, sending the currency skidding to $36,756.24, down 8pc just after London closed.

Deutsche Bank: 'The value of bitcoin is entirely based on wishful thinking'

Analysts are piling on bitcoin as it plunges, noting headwinds and issues that might stunt its increased adoption.

UPDATE 2-Ford Motor, SK Innovation announce EV battery joint venture in N. America

Ford Motor Co and South Korean battery maker SK Innovation on Thursday announced they will form a battery joint venture in North America to support the No. 2 U.S. automaker's electric vehicle rollout. The companies said they have signed a memorandum of understanding for the formation of the venture, called BlueOvalSK. Reuters on Wednesday reported plans for the joint venture.

Fourth stimulus check wins new fans in Congress, adding to the squeeze on Biden

Over 80 lawmakers are now urging the president to OK more cash for struggling Americans.

UPDATE 4-Canada to tighten mortgage lending rules as central bank frets over housing market

Canada said on Thursday it would tighten rules on mortgage lending starting next month after the Bank of Canada earlier warned that the hot housing market and high household debt levels had left the economy more vulnerable to economic shocks. The country's financial regulator and the Finance Department said separately that borrowers of both uninsured and insured mortgages must show that they can afford loans that are the higher of their current rate plus 200 basis points, or 5.25%.

Crypto Hedge Funds Buy the Dip in Bitcoin’s Week of Reckoning

(Bloomberg) -- Felix Dian is in fighting spirits after this week’s crypto meltdown.Like many pros, the former Morgan Stanley trader says Bitcoin’s volatility actually shows why hedge funds are in the digital-currency game: To ride boom and bust cycles with diversified bets so clients don’t get killed at times like this.Something is working. His $80 million crypto-focused fund at MVPQ Capital is up 14% in May and has more than tripled in value this year. In contrast, Bitcoin has plunged almost 30% this month, cutting the advance for 2021 to 42%.“We had kept dry powder,” he said in an interview from London. He took advantage of Wednesday’s price collapse and bought Bitcoin when it was trading around $35,000.Crypto-Crash Autopsy Shows Billions Erased in Flash LiquidationsNot everyone’s been so lucky. Scores have seen their fortunes dashed this week in a cascade of selling across crypto markets. Investors spent some $410 billion buying up Bitcoin during this bull market, according to data from Chainalysis. When prices sank to $36,000 this week, $300 billion of those positions were at a loss.It’s left money managers wrestling with whether the digital currency, which is coming under new regulatory scrutiny in the U.S. and China, still has the makings of a serious asset class or will remain nothing more than a speculative bubble.Bitcoin hovered around $40,000 on Friday, trading up 1% as of 7:15 a.m. in New York. The token has lost 35% since hitting an all-time high of $63,000 in April.Charles Erith, who worked for 24 years in Asian emerging markets before jumping to crypto, said the speculative froth was flushed out this week. He bought Bitcoin as prices were plunging.“At $35,000, we felt it’s a reasonable level at which to be adding,” said Erith, who runs ByteTree Asset Management in London. “It’s obviously not regulated and it’s a very young asset, but I don’t think this is going to be a revisit of 2018.”Data from research firm Chainalysis shows professional investors used the crash as an opportunity to start buying at cheap levels, helping put a floor under the market. Big investors bought 34,000 Bitcoin on Tuesday and Wednesday after reducing holdings by as much as 51,000 bitcoin in the last two weeks, according to data from Chainalysis.“People that were borrowing money to invest, they were wiped from the system,” said Kyle Davies, co-founder at Three Arrows Capital in Singapore. His firm bought more Bitcoin and Ether as prices of the tokens tumbled this week.“Every time we see massive liquidation is a chance to buy,” he added. “I wouldn’t be surprised if Bitcoin and Ethereum retrace the entire drop in a week.”Over in Paris, Loan Venkatapen, founder of Blocklabs Capital Management, blames the recent rout on over-leveraged retail investors but says blockchain and the related technologies “are here to stay.”Unlike Davies, Venkatapen avoided Bitcoin, but bought Ether, Solana and other assets connected with the decentralized finance movement as they sold off.“Bitcoin is not dying, but we expect productive blockchain assets such as Ethereum or Solana to challenge Bitcoin dominance in the coming months,” he said.More stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Japan Exports Surge as Global Trade Rebounds From Dismal 2020

(Bloomberg) -- Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here.Japanese exports jumped again, climbing in April by more than a third from last year’s dismal level, as recovering global trade gave a needed boost to an economy that’s stalling at home amid new waves of the coronavirus.Surging car and auto parts shipments helped power a 38% rise in Japan’s exports from a year earlier, according to figures Thursday from the finance ministry that beat all but one forecast from 26 surveyed analysts. The consensus was for a 30.8% gain.Although the data give an inflated view of the strength of exports because they’re based on a comparison with 2020’s terrible figures, the report still shows trade bouncing back -- a major positive for the global economy and Japan. Shipments climbed almost 8% compared with 2019.A separate report showed Japanese machinery orders, a leading indicator of capital spending, gained in March from the prior month.Key InsightsMore export gains are good news for an economy struggling to quell new virus waves amid a slow vaccine drive. Weak consumer spending and business investment last quarter led to a bigger-than-expected GDP contraction and raised the risk of a double-dip recession.Last month’s trade increase showed a broad-based recovery in world economies. Shipments to the U.S. and Asia rose the most since 2010, while those to the EU climbed the most since 1980, according to a ministry official.“Demand itself is very strong led by the U.S., and Chinese exports,” said economist Hiroaki Muto at Sumitomo Life Insurance Co, adding that bottlenecks in semiconductor supplies could slow gains in months ahead. “‘I expect net exports to be positive for Japan’s 2Q GDP, although it wouldn’t surprise me if 2Q GDP overall was negative.”A drop in the yen’s value gives Japan’s exporters another tailwind. The currency has fallen roughly 6% versus the dollar so far this year, increasing the value of repatriated profits for companies from Toyota to Hitachi.What Bloomberg Economics Says. “Looking ahead, we expect exports to come in above the pre-Covid level in May, supported by a recovery in European demand with progress on vaccinations. Shipments to the U.S. and China may increase at a slower pace.”--Yuki Masujima, economistTo read full report, click here.Get MoreImports rose 12.8% from the previous year, compared with analysts forecasting a 9% increase.Shipments to the U.S. jumped 45.1%, while those to the EU climbed 39.6% and those to China gained 33.9%.The trade balance was 255.3 billion yen ($2.3 billion) in the black. Analysts had expected a surplus of 147.7 billion yen.Core machinary orders increased 3.7% in March versus the prior month, compared with a 5% rise forecast by analysts.(Adds economist’s comments.)More stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

What bitcoin’s collapse could mean for your retirement

Youngsters’ dreams of an easy, early and rich retirement were getting a pounding this week as their favorite cryptocurrencies collapsed. Prices for bitcoin (BTCUSD) and other futuristic “currencies” were in free fall Wednesday. Anyone who has bought into bitcoin since February is already in the red.


You can make a shandy from the beverage selection at Blaze Pizza

Pizza and beer is about as time-honored a food tradition as movies and popcorn, and most Blaze Pizza locations have extensive beer menus featuring a wide variety of suds, both local and international. But what goes even better with pizza, especially in warmer weather? A shandy, obviously.

In the case that your neighborhood Blaze carries a wheat beer, Blaze Pizza co-founder and executive chef Brad Kent told Mashed about a cool hack to make your own shandy during your next trip to the pizza joint, even when one's not on the menu. Blaze Pizza's beverage section carries a special blood orange lemonade, which is also one of the chain's signature drinks. Kent says that when you mix the blood orange lemonade with your favorite wheat beer, it makes for a pretty solid DIY shandy.

As an added bonus to this make-your-own shandy, mixing your beer with lemonade makes your beer last even longer. So the next time you're at Blaze Pizza on a hot summer day, don't be afraid to mix it up.


Chipotle's non-GMO policy has been good for business

Fresh produce and meat has been a benchmark of Chipotle's operation for years, but in 2013 is when the company really started to turn some heads with its approach to food. As part of the company's "food with integrity" motto, Chipotle announced that it would only be serving foods that had not been genetically modified. "Transparency and giving our customers information about where their food comes from is a core part of who we are as a company, and we felt that GMO disclosure was a key component of that," Food with Integrity program manager, Joshua Brau said at the time.

While serving non-GMO foods was more expensive for the company and did result in an increase in menu prices, the decision proved to be a huge hit with Chipotle's base. By 2014, same-store sales were up almost 17 percent with a net income increase of 36 percent. The move was lauded at the time by investors for giving millennial consumers what they wanted and helped the restaurant stand out from fast food competitors.


Frankfort Men Want New Orland Restaurant to Be 'Subway or Chipotle of Pizza'

For two years Frankfort residents and friends Jason Walsh and John Sanfilippo were planning the next big thing in pizza. By the time their restaurant, Pronto Pizza Kitchen in Orland Park, had opened, they had some competition.

Walsh, who runs Packard Business Consulting, brainstormed with Sanfilippo, a longtime trader who was looking to use his cooking skills to get into the restaurant business.

"Pizza," they thought. "Everybody loves pizza."

But, as Walsh recognized, there's upwards of 20 pizza places to choose from in Orland Park alone.

"So how do you create a different model?" Walsh said. "One problem we saw with pizza was that it can be unhealthy, so we wanted to give people the choice to make a healthier pizza. We wanted to be the Subway or the Chipotle of pizza."

Those are the role models in both concept and footprint at Pronto Pizza Kitchen, which is located at 15222 S. La Grange Rd. in Orland Park's Ravinia Plaza. Walsh said the goal is "a couple hundred of these, we want to franchise them." The Orland Park restaurant opened in December, and he and Sanfilippo have already scouted locations for their next move—into Naperville and the South Loop.

The concept is the assembly line, make-your-own style of ordering seen in the likes of Subway for sandwiches and Chipotle for burritos. "The choose your own mentality is the hottest craze," Walsh said.

By the time Pronto Pizza opened in Orland, another similar and local concept existed: Wooden Paddle Pizza, which, like Pronto, allows patrons to choose their crust, sauce, meats, veggies and cheeses. (Wooden Paddle is only carryout and delivery, though, while Pronto offers seating along with wine, beer and more.)

While planning the restaurant, Walsh said he came across a couple similar places in California: Pizza Blaze and Pizza Rev, the latter in which Buffalo Wild Wings has invested. That was a sign that make-you-own pizza could be the next big thing, and now it appears that could be the case, with Chipotle using its own concept with the Colorado-based Pizzeria Locale chain, and the founders of California Pizza Kitchen moving on to a fast-casual style as well.

Although competition looms and other Chicago-area deals for Pronto Pizza could come soon, the focus is on making the first one in Orland Park as good as it can be, with high-quality and healthy ingredients, and a relaxed and rustic atmosphere.

Customers can choose a signature pizza or salad to eat, or make their own from the 45 ingredients, which include healthier options such as wheat or gluten-free crust, oil as a sauce, chicken as a meat and plenty of vegetables. The pizzas are each 10-inch personal pies and take about five minutes to bake in the 5,000-pound oven. There's also oven-baked cookies and soft serve for dessert.

Walsh said the feedback has been great so far, with many people coming in multiple times each week for a quick and tasty meal.

"We always say, 'We'll see you tomorrow!' because that's the case sometimes," Walsh said. "People come here because it's something different. They come for the atmosphere and the good food."


Chipotle&#x2019s three key operating costs

Chipotle’s key operating costs are:

The above chart analyzes Chipotle’s food, labor, and other costs. The vertical bars indicate the expenses in millions over the last five years, and the horizontal line indicates these costs as a percentage of sales. From the above graph, we can see that Chipotle’s cost of food has increased in 2018 to $1.6 billion from $1.54 billion in 2017.

However, as a percentage of sales, the company’s food cost has declined from 34.3% to 32.9%. The increase in menu prices and decline in avocado prices lowered the company’s food costs as a percentage of sales. But the increase in freight costs, as well as tortilla and rice costs, offset some of these declines. In comparison, Shake Shack’s food and paper costs stood at 28.3% of its company-owned restaurants’ sales in 2018.

Labor and other operating costs

Labor, Chipotle’s second key operating cost, represented 27.3% of the company’s total revenues, or $1.33 billion, in 2018. From last year, the company’s labor cost has increased from 26.9% to 27.3% of total sales. Wage inflation was one of the main reasons for higher labor costs. However, the sales leverage from positive SSSG offset some of the increases in labor costs.

Earlier in this post, we saw that Chipotle doesn’t franchise. So all of Chipotle’s labor costs are undertaken by the company itself. For the comparable quarter, Shake Shack, which operates both company-owned and franchised locations, had reported labor expenses of 26.6% of total revenue in 2018.


Kyk die video: A Trip to Unicorn Island (Julie 2022).


Kommentaar:

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  2. Tutyahu

    Die grap is wreed!

  3. Keanu

    Stem saam, die merkwaardige boodskap

  4. Nichol

    I would like to argue with the author that everything is exclusively so? I think what can be done to expand this topic.

  5. Bane

    Tussen ons sê, het u nie probeer om na Google.com te kyk nie?



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