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Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

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Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?

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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

1

Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

2

Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?

3

CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea
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Chipotle Extends Number of Locations With Drive-Thru ‘Chipotlanes’

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
February 7, 2019, 11:56 AM ET

Chipotle is expanding its unique take on drive-thrus, announcing plans to open dozens more of its “Chipotlanes”.

The lanes, which require users to order via the Chipotle app or an online form, are meant to speed up turnaround times for customers. Chipotlanes are currently available at just 10 of the company’s stores.

The new lanes will largely be included in new locations, rather than added to existing stores. Once customers place their order, they’ll be given a pick-up time and can quickly grab their food without having to wait behind people who are ordering in-store.

“Arguably, it will be the fastest way to [get] Chipotle — going through the Chipotlane,” said CEO Brian Niccol.

Digital sales, like those required by the Chipotlane, are a growth area for the company. They accounted for 12.9% of all of Chipotle’s sales last quarter, jumping nearly 66% from a year ago.

Chipotle has been working to improve its turnaround time for customers for a while now. In 2018, it spend roughly $10,000 per restaurant to add flat-screen panels that helped workers fulfill off-site orders in a more rapid fashion. It has also expanded its menu beyond burritos to include milkshakes, nachos, and avocado tostadas, as well as bowls for customers on ketogenic, paleo, and Whole30 diets.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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