Latest news with #Farmesa
Forbes
27-03-2025
- Business
- Forbes
Is Chipotle Closing? Rumors And Why We React When Favorites Are At Risk
Chipotle isn't closing, but a wave of viral rumors triggered an emotional response. Here's why ... More stories of beloved brands 'going away' hit us so hard. Rumors started swirling fast: Is Chipotle going out of business? Is it closing all its stores? On social media, speculation spread like wildfire—search traffic surged, and fans began sharing their favorite orders like a digital wake. The spark? A March 20, 2025, article mischaracterized the situation, leading to widespread confusion about the company's future. The rumor gained traction after an article mistakenly linked the closure of Farmesa Fresh Eatery, a small-scale Chipotle spinoff, to the fate of Chipotle's entire operation. Farmesa, which launched in 2023 as an experimental fast-casual bowl concept, quietly shuttered—but somewhere along the way, the internet turned 'Farmesa is closing' into 'Chipotle is closing.' But within days, Chipotle set the record straight, telling USA Today that it was not closing and had no plans to shutter all its restaurants. Still, the unease lingered. Why does a rumor like this grab hold so quickly—and why does it feel so personal? It's not just about the food—it's about how the food makes us feel. A Curion Insights report found that 71% of consumers say the emotional experience influences where they choose to eat. That includes how welcomed they feel, whether the meal is satisfying, and if the overall experience aligns with their expectations. So when a brand like Chipotle gets caught in the crosshairs of a rumor mill—even a false one—it hits that emotional core. It forces a kind of micro-reckoning: What would I do if Chipotle actually closed? We've seen this exact kind of emotional response before. Take McDonald's Snack Wrap. Its removal sparked years of backlash, petitions, and pleas for its return. Fans weren't just upset about losing a menu item—they felt like something familiar and comforting had been taken away. Chipotle's potential closure rumors tapped into something deeper than fast food loyalty—our need for ... More comfort and routine in a chaotic food landscape. Chipotle isn't just another fast-casual restaurant. For many, it's a go-to lunch break, a post-workout stop, or the comfort of a burrito bowl that hasn't changed in years. In a food landscape that's constantly shifting—where menus get rebranded, items vanish without warning, and prices creep higher—reliability matters. The emotional undercurrent here isn't just about burritos. It's about what happens when something familiar feels like it might disappear. According to a Marketing Science Institute report, emotional loyalty—what drives consumers to keep showing up for brands even when prices rise—is rooted in a sense of consistency, connection, and shared identity. We've seen this before. In past reporting, we've seen how emotional attachment shapes responses to food stories—from cookie rumors to egg shortages. These are both rumors that take on a life of their own, fueled by nostalgia, trust, and the anxiety of losing something familiar. When a brand like Chipotle is rumored to be going under, it can feel like something stable is suddenly fragile. But the reality? Chipotle isn't just stable—it's thriving. What drives loyalty to restaurants like Chipotle? Studies show it's about emotional experience, not ... More just the menu—especially during uncertain times. For a brand supposedly 'on the brink,' Chipotle's numbers paint a very different picture. In 2024, Chipotle reported a 14.6% increase in total revenue, reaching $11.3 billion—a figure that directly contradicts any notion of financial distress. The company also carries zero debt and holds over $2 billion in cash reserves—a level of financial health most restaurants can only dream of. Rather than scaling back, Chipotle has been expanding. The brand is set to open over 300 new locations in 2025, continuing its investment in digital ordering and drive-thru models. The company's spokesperson confirmed to USA Today that there is 'no truth' to the rumors, reinforcing that Chipotle is not closing but actively growing. From restructuring news to 'chipotle bankruptcies 2025' trending on search, this is why food rumors ... More take root—and how misinformation spreads fast. The rumors didn't emerge without cause. Chipotle had recently announced the closure of some underperforming locations and made corporate restructuring decisions. But that isn't the same as bankruptcy. Still, the combination of real announcements and false narratives created the perfect storm for misinformation. A Nature study found that even when people search online to fact-check false claims, the process can actually reinforce belief in misinformation. This happens when search results prioritize lower-quality sources that confirm the false narrative—something the study describes as an 'epistemic misfire.' Pair that with Pew Research findings that information overload is increasing emotional confusion and stress, and it's easy to see how something as small as a restaurant closure can spiral into widespread panic. The fear isn't just about losing a place to eat. It's about uncertainty and change. Some meals are just meals—but some brands become part of our routine, our comfort, our nostalgia. ... More The Chipotle closure rumors weren't just about burritos. They were about how we anchor ourselves in familiar flavors, and what happens when we fear losing them. Chipotle is not closing. But the speed and intensity of the reaction to that idea say something bigger. In a culture where food is both sustenance and symbol, a simple rumor can ripple into something emotional. Something personal. The truth behind the viral panic wasn't really about Chipotle. It was about the way we attach meaning to our favorite foods, how a single misleading headline could trigger a chain reaction, and the way uncertainty shapes the choices we make. At the end of the day, Chipotle, and their burritos aren't going anywhere. But this moment highlights just how much we look to our food, not just for nourishment, but for a sense of comfort in a world that constantly shifts beneath our feet.
Yahoo
27-03-2025
- Business
- Yahoo
False rumor of Chipotle going bankrupt, closing stores spreads online
The rumors about Chipotle filing for bankruptcy and closing restaurants in 2025 are just that: Rumors. The misinformation spread about the closure of the fast-casual eatery on social media Thursday and Friday appeared to have started after Spanish media outlet Unión Rayo published a report about the closure of Farmesa Fresh Eatery, a spinoff venture Chipotle invested and tested for a few months in 2023. The story's promotional image previously showed the Chipotle logo, Newsweek reported. Numerous users took to X to express frustration with the alleged closures. "Chipotle is closing all restaurants & is declaring bankruptcy. The number of businesses declaring bankruptcy is very eerie," an X user posted Thursday morning. X users were still posting reactions to the rumors days later, wondering how Chipotle could be filing for bankruptcy. "how chipotle goin bankrupt when i get a bowl with extra chicken and guac everyday?????" another X user wrote. Chipotle spokesperson Erin Wolford refuted the rumors on Saturday, sharing in a statement that the "false information stemmed from an inaccurate online article confusing Chipotle with a venture it tested in 2023." Chipotle contacted the international site to correct the story and has since received an apology for the "false article" written last week. Unión Rayo did not immediately respond to USA TODAY's request for comment on Tuesday. Chipotle actually has plans to expand, contrary to the disinformation spread by the rumor mill. "We anticipate opening between 315 to 345 new restaurants this year with at least 80% including a (digital drive-thru) Chipotlane," Wolford said. Chipotle posted its fourth quarter and full year financial snapshot last month, revealing to investors in a Feb. 4 earnings call that the company's total revenue for 2024 was $11.3 billion, a 14.6% increase from 2023. The earnings call indicated zero debt and over $2 billion in cash reserves, Wolford said. "Chipotle had another outstanding year," Scott Boatwright, Chipotle CEO, said in a news release. "I want to make sure that as we continue to scale Chipotle, everything we do is in service of our guests or those who serve our guests." Chipotle opened 304 company-owned restaurants with 257 locations, including a Chipotlane, and three internationally licensed restaurants in 2024, the company said. Chipotle also recently introduced a new protein option: Honey Chicken. According to Chipotle's website, there are 77 locations in Washington. Seattle has 10 locations, the most of any city in Washington. Vancouver has seven, Spokane has four and Bremerton has one. Chipotle's corporate headquarters is located in Newport Beach, California. Farmesa Fresh Eatery was a restaurant concept tested by Chipotle for a few months in a Santa Monica food hall in 2023. "Farmesa is a fresh, bold concept featuring delicious proteins, greens, grains and vegetables that are inspired by Chipotle's Food with Integrity standards," Chipotle said in a February 2023 news release. The "eclectic" menu was curated by Nate Appleman, a James Beard Award-winning Chef who also serves as the Director of Culinary Innovation at Farmesa, and previously led menu innovations for Chipotle in the mid to late 2000s. Farmesa was slated to serve a variety of bowls complete with a protein, green or grain, two sides, a choice of five sauces, and a topping option that cost between $11.95 to $16.95. Contributing: Gabe Hauari, USA TODAY This article originally appeared on Kitsap Sun: False rumor of Chipotle going bankrupt, closing stores spreads online Sign in to access your portfolio
USA Today
26-03-2025
- Business
- USA Today
Is Chipotle closing? Panic breaks out over restaurant's unfounded bankruptcy rumor
Is Chipotle closing? Panic breaks out over restaurant's unfounded bankruptcy rumor Show Caption Hide Caption Chipotle CEO says it will absorb tariff costs President Trump's proposed tariffs on major trading partners are affecting the U.S. economy, but Chipotle plans to keep prices stable for their customers. Cheddar The rumors about Chipotle filing for bankruptcy and closing restaurants in 2025 are just that: Rumors. The misinformation spread about the closure of the fast-casual eatery on social media Thursday and Friday appeared to have started after Spanish media outlet Unión Rayo published a report about the closure of Farmesa Fresh Eatery, a spinoff venture Chipotle invested and tested for a few months in 2023. The story's promotional image previously showed the Chipotle logo, Newsweek reported. Numerous users took to X to express frustration with the alleged closures. "Chipotle is closing all restaurants & is declaring bankruptcy. The number of businesses declaring bankruptcy is very eerie," an X user posted Thursday morning. X users were still posting reactions to the rumors days later, wondering how Chipotle could be filing for bankruptcy. "how chipotle goin bankrupt when i get a bowl with extra chicken and guac everyday?????" another X user wrote. Chipotle spokesperson Erin Wolford refuted the rumors on Saturday, sharing in a statement that the "false information stemmed from an inaccurate online article confusing Chipotle with a venture it tested in 2023." Chipotle reached out to international site to correct the story and has since received an apology for the "false article" written last week. Unión Rayo did not immediately respond to USA TODAY's request for comment on Tuesday. What is Farmesa Fresh Eatery? Farmesa Fresh Eatery was a restaurant concept tested by Chipotle for a few months in a Santa Monica food hall in 2023. "Farmesa is a fresh, bold concept featuring delicious proteins, greens, grains and vegetables that are inspired by Chipotle's Food with Integrity standards," Chipotle said in a February 2023 news release. The "eclectic" menu was curated by Nate Appleman, a James Beard Award-winning Chef who also serves as the Director of Culinary Innovation at Farmesa, and previously led menu innovations for Chipotle in the mid to late 2000s. Farmesa was slated to serve a variety of bowls complete with a protein, green or grain, two sides, a choice of five sauces, and a topping option that cost between $11.95 to $16.95. Chipotle not closing, but expanding Chipotle actually has plans to expand, contrary to the disinformation spread by the rumor mill. "We anticipate opening between 315 to 345 new restaurants this year with at least 80% including a (digital drive-thru) Chipotlane," Wolford said. Chipotle posted its fourth quarter and full year financial snapshot last month, revealing to investors in a Feb. 4 earnings call that the company's total revenue for 2024 was $11.3 billion, a 14.6% increase from 2023. The earnings call indicated zero debt and over $2 billion in cash reserves, Wolford said. "Chipotle had another outstanding year," Scott Boatwright, Chipotle CEO, said in a news release. "I want to make sure that as we continue to scale Chipotle, everything we do is in service of our guests or those who serve our guests." Chipotle opened 304 company-owned restaurants with 257 locations including a Chipotlane, and three international licensed restaurants in 2024, the company said. Chipotle also recently introduced a new protein option: Honey Chicken. Contributing: Gabe Hauari, USA TODAY
Yahoo
26-03-2025
- Business
- Yahoo
Is Chipotle closing? Panic breaks out over restaurant's unfounded bankruptcy rumor
The rumors about Chipotle filing for bankruptcy and closing restaurants in 2025 are just that: Rumors. The misinformation spread about the closure of the fast-casual eatery on social media Thursday and Friday appeared to have started after Spanish media outlet Unión Rayo published a report about the closure of Farmesa Fresh Eatery, a spinoff venture Chipotle invested and tested for a few months in 2023. The story's promotional image previously showed the Chipotle logo, Newsweek reported. Numerous users took to X to express frustration with the alleged closures. "Chipotle is closing all restaurants & is declaring bankruptcy. The number of businesses declaring bankruptcy is very eerie," an X user posted Thursday morning. X users were still posting reactions to the rumors days later, wondering how Chipotle could be filing for bankruptcy. "how chipotle goin bankrupt when i get a bowl with extra chicken and guac everyday?????" another X user wrote. Chipotle spokesperson Erin Wolford refuted the rumors on Saturday, sharing in a statement that the "false information stemmed from an inaccurate online article confusing Chipotle with a venture it tested in 2023." Chipotle reached out to international site to correct the story and has since received an apology for the "false article" written last week. Unión Rayo did not immediately respond to USA TODAY's request for comment on Tuesday. Farmesa Fresh Eatery was a restaurant concept tested by Chipotle for a few months in a Santa Monica food hall in 2023. "Farmesa is a fresh, bold concept featuring delicious proteins, greens, grains and vegetables that are inspired by Chipotle's Food with Integrity standards," Chipotle said in a February 2023 news release. The "eclectic" menu was curated by Nate Appleman, a James Beard Award-winning Chef who also serves as the Director of Culinary Innovation at Farmesa, and previously led menu innovations for Chipotle in the mid to late 2000s. Farmesa was slated to serve a variety of bowls complete with a protein, green or grain, two sides, a choice of five sauces, and a topping option that cost between $11.95 to $16.95. Chipotle actually has plans to expand, contrary to the disinformation spread by the rumor mill. "We anticipate opening between 315 to 345 new restaurants this year with at least 80% including a (digital drive-thru) Chipotlane," Wolford said. Chipotle posted its fourth quarter and full year financial snapshot last month, revealing to investors in a Feb. 4 earnings call that the company's total revenue for 2024 was $11.3 billion, a 14.6% increase from 2023. The earnings call indicated zero debt and over $2 billion in cash reserves, Wolford said. "Chipotle had another outstanding year," Scott Boatwright, Chipotle CEO, said in a news release. "I want to make sure that as we continue to scale Chipotle, everything we do is in service of our guests or those who serve our guests." Chipotle opened 304 company-owned restaurants with 257 locations including a Chipotlane, and three international licensed restaurants in 2024, the company said. Chipotle also recently introduced a new protein option: Honey Chicken. Contributing: Gabe Hauari, USA TODAY This article originally appeared on USA TODAY: Is Chipotle closing? What to know after rumor causes online panic Sign in to access your portfolio
