Chrissy Callahan covers a range of topics for TODAY.com, including fashion, beauty, pop culture and food. In her free time, she enjoys traveling, watching bad reality TV and consuming copious amounts of cookie dough.
Chipotle recently delighted its fans by bringing Carne Asada back to the menu. But the fast-casual chain's latest announcement is hardly likely to excite customers. Soon enough, Chipotle will be raising its prices, making this the fourth price hike in just two years. Chipotle’s chief corporate affairs officer Laurie Schalow confirmed the news, which was first reported by Insider, in an email statement to TODAY.com.
Flash forward to 2022, and Chipotle raised prices once again in the first quarte, followed by another increase in the summer, as reported by Insider. In April 2023, Chipotle CEO Brian Niccol told CNBC that the chain was pausing any additional price increases. In July 2023, CNBC reported that the CEO reversed course and said that pricing changes weren’t off the table. Chipotle also recently made headlines when the chain announced that it’s currently testing a robot named Hyphen.
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