FINANCE

Chipotle cuts costs, energy with new prototype

BY CSA STAFF

New York City Chipotle Mexican Grill has debuted a new format that it said costs less to build and operate and uses less energy to maintain, while also providing the opportunity for increased sales volumes.

During a presentation at the Cowen Consumer Conference in New York City, the chain said that kitchen in its new design has shrunk by 25%.

Chipotle plans to open between 120 and 130 new locations in 2010, and at least 32 of those will feature the updated prototype.

Other design elements include new colors, “greener” materials and varying dining areas, such as counters, small group settings and larger group areas.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Nintendo game to feature Beyonce designs

BY CSA STAFF

REDMOND, Wash. Nintendo has partnered with Beyonce Knowles to give fans of its “Style Savvy” game for Nintendo DS and Nintendo DSi access to new designs from the entertainer’s Dereon clothing line co-created with her mother, designer Tina Knowles. As managers of their own virtual boutiques, players can incorporate these chic Dereon fashions as they create one-of-a-kind looks for their in-game clientele, Nintendo reported.

“‘Style Savvy’ is all about creativity and fashion, both of which are really important to me,” says Beyonce. “I love that I get to become a stylist and take over my own boutique, and it’s so much fun to see some of my Dereon designs added to the mix.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Sears names new head of retail services

BY CSA STAFF

HOFFMAN ESTATES, Ill. Sears Holdings announced that James Haworth will join the company as EVP and president of retail services succeeding Kevin Holt who will be leaving the company to pursue other opportunities. Haworth will be responsible for the oversight, leadership and strategic growth of retail services for all Kmart and Sears stores. He will serve as a member of the internal holding company business unit board of directors as well.

Haworth most recently served as chairman, president and CEO for Chia Tai Enterprises International Limited & CP Lotus, an investment holding company principally engaged in the operation of one-stop shopping centers within China. In 2005, he founded Business Decisions Inc., a consulting firm specializing in strategic product marketing for the retail, merchandising and supply chain industries. Previous to Business Decisions Inc., Haworth spent 20 years with Walmart Stores, in roles of increasing responsibility including EVP operations for Sam’s Club and EVP and COO of Walmart Stores.

“We’re very pleased that Jim is joining our executive team,” said Bruce Johnson, interim CEO and president of Sears Holdings. “He brings a wealth of global retail experience, demonstrated success in retail operations, merchandising and strategic planning along with a great understanding of how to create lasting relationships with customers. We thank Kevin for his contributions to the company and wish him well in all future endeavors.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...