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Barron's Streetwise

Chipotle's Back. Also, Who Needs REITs?

Barron's Streetwise

Barron's

Business

4.71.6K Ratings

🗓️ 3 July 2020

⏱️ 24 minutes

🧾️ Download transcript

Summary

The burrito chain's CEO on culinary changes, the pandemic response, and growth potential. Also, Jack takes on real estate. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Twillio.

0:03.0

Powering personalized customer experiences for leading brands.

0:06.0

Visit Twillio.com slash Gartner to learn why Twillio was named a leader in

0:11.0

Gartner's first ever 2023 Magic Quadrant for Communications Platform as a service.

0:20.1

You know, and the next thing you know, we're pivoting to closing dining rooms closing restaurants

0:24.1

summer digital only summer takeout only and it just became real time and kind of in that

0:29.3

moment I also realized holy smokes I think our digital business is going to become the business over the foreseeable future.

0:36.0

And thank God, you know, we had invested the way we had.

0:42.0

Welcome to the Barron Streetwise Podcast. I'm Jack Howe. The voice you just heard, that's Brian

0:47.6

Nickel. He's the CEO of Chipotle Mexican Grill, and I recently grilled him until he spilled all of the beans

0:55.0

about his turnaround efforts at Chipotle including a mobile ordering

0:59.7

makeover that has kept the burritos flying during the pandemic.

1:04.0

We'll also say a few words about Reats, those are real estate investment trusts,

1:08.8

a way for investors to gain some real estate exposure without buying entire buildings.

1:13.8

Chipotle and Reats coming up.

1:17.0

With me as always, our audio producer Meta, hi Meta.

1:20.4

Hi Meta. Hi Meta.

1:21.6

Meta, I ate a very important donut this past week. Hi. stopping at the local bake shop for some sweets. It wasn't really a hard sell if

1:34.2

from being honest. I got the brownie for her and a donut for myself. It was a

1:38.2

pumpkinie glaze type of thing and they put them in a bag. I was walking back

1:42.4

out of the car and there was some outdoor

1:45.0

tables at the bake shop and a couple of them were filled but it wasn't too packed and I've

...

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