financial-markets.jpg

Whole Foods set to capitalize on Chipotle losses

A Chipotle Mexican Grill in Robinson Township, Pa.

Chipotle Mexican Grill Inc.’s loss might be Whole Foods Market Inc.’s gain.

RBC Capital Markets estimates that Chipotle’s food safety concerns represent a US$933-million revenue opportunity for competitors, with Whole-foods potentially being one of the biggest beneficiaries since half its locations are within a mile of the Chipotle, and nearly 85 percent are within three miles of a Chipotle.

Related

About admin

x

Check Also

twitter_inc-earnings.jpg

Twitter Inc’s user growth stalls as sales forecast falls short of estimates

Twitter Inc. said it didn’t add new users in the fourth quarter and forecast first-quarter ...

0211manulife.jpg

Manulife Financial Corp profit slides 62% as energy investments take a hit: ‘A disappointing year’

TORONTO – Energy exposure hit the conclusion of Manulife Financial Corp. in the fourth quarter, ...

gold_coins.jpg

Pension funds hope for better deal in de-risking marketplace

A pension risk exchange – an online marketplace that aims to create those defined benefit ...