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    In this article BTC.CM= AMZN CMG CNBC.com's Pippa Stevens brings you the day's top business news headlines. On today's show, Kate Rogers breaks down Chipotle's blockbuster first quarter and massive digital sales growth. Plus, Eunice Yoon is on the ground in Shanghai testing out China's new digital currency. Dow closes more than 300 points lower following reports of...
    In this article CMGChipotle's quesadillaChipotle Mexican GrillChipotle Mexican Grill's quesadillas were worth the wait. After years of tinkering with the recipe, the burrito chain launched the menu item as a digital exclusive in mid-March. So far, it looks like taking the time to figure it out has paid off for Chipotle. CEO Brian Niccol said Wednesday that about 10% of...
    Taco Bell has opened a “digital only” fast-food joint and bar in Times Square that uses automated kiosks to take food orders — but it will still serve booze the old-fashioned way. The Mexican-themed chain said Tuesday the new location in the heart of Midtown features a bank of 10 kiosks where customers place their orders and pay. Opposite the...
    In this article WMT OCDO-GB KR A shopper holding an umbrella walks towards a Kroger Co. grocery store in Louisville, Kentucky, U.S., on Sunday, April 26, 2020.Stacie Scott | Bloomberg | Getty ImagesKroger said Wednesday that it aims to double its digital sales by the end of 2023, as it races to keep up with grocery shoppers who have...
     Pizza Hut is redesigning thousands of its restaurants to make it easier – and safer -- for customers to order digitally and grab their pies and go. The Plano, Texas-based chain announced Tuesday the introduction of a "Hut Lane" at more than 1,500 locations across the country, specifically dedicated to digital order pickups. The redesign comes after the restaurant chain began...
    Shake Shack is rolling out its own nationwide delivery service in partnership with Uber Eats.Source: Shake Shack Shake Shack is continuing to invest in its digital business after a major shift in consumer habits during the Covid pandemic, launching its own nationwide in-app delivery service as part of an exclusive partnership with Uber Eats. The move expands on its Shack...
    Cheese connoisseurs, it’s time to celebrate: Taco Bell is bringing back the Quesalupa after a five-year hiatus. The Quesalupa quickly became a fan favorite when it debuted in 2016, combining the cheesy traits of a quesadilla with a crispy chalupa shell to create a double layer filled with seasoned beef, lettuce, cheddar cheese, diced tomatoes and a dollop of sour...
    A custom-made quesadilla is only an app away. Chipotle on Tuesday announced its first customizable digital-only entree: the Hand-Crafted Quesadila, available exclusively to customers who order through the restaurant's mobile app. Chipotle on Tuesday announced the Hand-Crafted Quesadilla as its first customizable digital-only entree. (Chipotle) The menu item will be cooked up in Chipotle’s Digital Kitchen locations — a ghost...
    Chipotle's new quesadillasChipotle Mexican Grill The wait is over. After years of testing and tweaking, Chipotle Mexican Grill will finally add quesadillas to its menu nationwide — but only for online orders. The menu addition has been under consideration since at least 2018, but the burrito chain knew a nationwide launch would require new cooking equipment and changing up its...
    New York (CNN Business)Burger King is the latest fast-food chain to establish a rewards program aimed at expanding its customer base and enticing existing patrons to be more loyal. It joins a growing number of restaurants embracing digital payments and rewards incentives during the pandemic. Beginning this week, Burger King is rolling out its new Royal Perks program in five...
    Salad restaurant chain Sweetgreen will open its first location with a drive-thru lane and ordering from parking spots next year as it expands beyond cities into suburban America. It joins the flood of restaurant companies that have unveiled new designs inspired by the coronavirus pandemic. Fast-food chains like Yum Brands' Taco Bell and Restaurant Brands International's Burger King have focused...
    New York (CNN)Chipotle is adding smoked brisket to its menu in select markets in the United States for a limited time.The Mexican food chain says its new beef protein option, which is seasoned with a blend of spices and a Mexican pepper sauce, is already being tested at 64 restaurants in Cincinnati and Sacramento, California.It's the latest comprehensive taste test...
    London (CNN Business)France will require big tech companies to pay its digital services tax, a move that is likely to trigger retaliation by President Donald Trump and pitch the incoming US administration into another trade fight.The 3% tax on revenue from digital services in the country was introduced last year. But the French government had suspended collections while negotiations on...
    France has hit Google, Apple, Amazon and Facebook with tax bills totalling hundreds of millions of dollars in a fresh crackdown on tech giants by European regulators. The new levy will see the firms taxed 3 per cent on earnings from online sales, digital advertising and the sale of private data. France first introduced the tax in 2019 - when...
    PARIS (Reuters) - The French Finance Ministry has sent out notices to big tech companies liable for its digital service tax to pay the levy as planned in December, the ministry said on Wednesday. France suspended collection of the tax, which will hit companies like Facebook and Amazon, early this year while negotiations were underway at the Organisation for Economic...
    Chipotle is set to open its first 'digital-only' kitchen in New York that is without a dining area or employees working the front counter. The move comes as the fast food chain has seen a spike in digital orders amid the coronavirus pandemic and the new facility reflects this success, along with eliminating indoor dining and person-to-person contact. Customers place...
    A customer wearing a protective mask enters a Chipotle Mexican Grill Inc. restaurant in San Francisco, California. .David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill will open the doors to its first digital-only restaurant on Saturday. Unlike a traditional Chipotle location, it will not include a dining room or a line for ordering. Customers have to order...
    By Jordan Valinsky | CNN Business Roughly half of Chipotle’s sales were completed on its app or website last quarter, so it’s opening a first-of-its-kind restaurant to reflect that. On Saturday, the chain is opening its first-ever “digital-only” restaurant in Highland Falls, New York, near the West Point military academy. Unlike the traditional format, the dining room is gone and...
    New York (CNN Business)Roughly half of Chipotle's sales were completed on its app or website last quarter, so it's opening a first-of-its-kind restaurant to reflect that.On Saturday, the chain is opening its first-ever "digital-only" restaurant in Highland Falls, New York, near the West Point military academy. Unlike the traditional format, the dining room is gone and employees can't take orders....
    Apple is revealing its next-generation iPhone Tuesday that is rumored to include 5G connectivity and boast squared-off edges – but new leaks provide more details of what many are calling the iPhone 12. The smartphone is set to have a 30x zoom camera that is capable of focusing in on objects and people three times farther than previous models. Previous...
    A customer receives an order from a worker in a protective mask at the drive-thru of a McDonald's Corp. restaurant in Los Angeles, California, U.S.Kyle Grillot | Bloomberg | Getty Images As consumers increasingly pick up their fast-food orders from the comfort of their car, average drive-thru times across 10 chains slowed down by nearly half a minute, according to...
    NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday: 3M Co., down $2.83 to $159.51. The maker of adhesives and protective equipment is considering selling its food safety business, according to media reports. Lululemon Athletica Inc., up $3.17 to $316.77. The athletic apparel company will resume stock buybacks. Western Digital Corp., up $2.45 to $38.92. The...
    Sony ended its presentation today with the long-awaited price and release date for the PS5 — but stopped short of telling gamers when and where to buy one, until a tweet seemed to make things clearer: pre-orders would begin tomorrow on September 17th. Or so it seemed for an hour or two. Now, it’s become an utter mess. Perhaps eager...
    Sweetgreen's mobile app displays its new collectionsSource: Sweetgreen Sweetgreen is making another push for customers to order salads and warm bowls through its app as its digital orders have soared 178% during the coronavirus pandemic. The privately held chain announced Wednesday a new collection of online-only dishes, including one series that spotlights the typical orders of award-winning chefs like Kwame...
    BEIJING (Reuters) - China’s central bank is partnering up with Didi Chuxing to test the use of its digital currency, which could make China's dominant ride hailing platform one of the world's first's corporate users of a government-created virtual currency. The digital currency research unit of People’s Bank of China (PBOC) is working with Didi to apply digital currency electronic...
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