Weekly Food Industry Report: The Week of April 14, 2014

Contributor
A roundup of this week’s food industry financial news
Chipotle Mexican Grill plans to increase its menu prices early in the third quarter to address rising costs for essential ingredients.

Every week, we take a look into some of the biggest financial news to emerge from the world of food. Here is this week’s:

Chipotle Mexican Grill: The company plans to increase its menu prices early in the third quarter to address rising costs for essential ingredients.

Così Inc.: The sandwich and salad chain is moving its headquarters from Deerfield, Ill. to Boston, Mass.

Marco’s Franchising LLC: Bryon Stephens has been promoted from chief operating officer to company president and will be responsible for monitoring day-to-day operations, quality assurance, customer service, and growth.

Popeyes Louisiana Kitchen Inc.: H. Melville Hope III, the company’s chief financial officer and senior vice president is stepping down on May 23 to pursue other opportunities.

Zoe’s Kitchen Inc.: The company is using proceeds from a recent IPO to expand its chain, opening 20 to 30 new restaurants this year.

We’re always on the lookout for new financial news, so let us know!

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