September 30, 2014

Scrolling Headlines:

UMass falls short at home to UNH 1-0 -

Tuesday, September 30, 2014

Tennis shines in West Point Invitational -

Tuesday, September 30, 2014

SGA to launch new binge drinking awareness campaign -

Tuesday, September 30, 2014

UMass rugby captain Devin Ibanez: ‘I’m just a rugby maniac’ -

Tuesday, September 30, 2014

SGA discusses University’s confidential informant policy -

Tuesday, September 30, 2014

Akron upsets ACC foe, Toledo outruns Central Michigan -

Tuesday, September 30, 2014

Electro-pop duo Cherub takes its sweet sound to Pearl Street -

Tuesday, September 30, 2014

Fight for college affordability continues -

Tuesday, September 30, 2014

U.S. News ranks UMass among top 30 public universities -

Tuesday, September 30, 2014

Battling arguments -

Tuesday, September 30, 2014

Tim McGraw comes back strong in ‘Sundown Heaven Town’ -

Tuesday, September 30, 2014

No arrests made at UMass Homecoming tailgate and game -

Tuesday, September 30, 2014

Alt-J diversifies and grows in ‘This Is All Yours.’ -

Tuesday, September 30, 2014

FSU holds off the Wolfpack while Hill leads the Aggies to an overtime victory -

Tuesday, September 30, 2014

UPDATE: UMass Police Department and Student Affairs officials to conduct review of confidential informant policy -

Monday, September 29, 2014

UMass men’s soccer shut out by UNH, 1-0, on Sunday -

Monday, September 29, 2014

The best ways to decorate your dorm room -

Monday, September 29, 2014

UMass needs to actively combat sexual assault -

Monday, September 29, 2014

Northwestern District Attorney’s office hosts National Prescription Drug Take-Back Day -

Monday, September 29, 2014

Students celebrate return of UMass football with tailgate festivities -

Monday, September 29, 2014

Chipotle may raise prices

There’s bad news for fans of Chipotle. The Mexican restaurant is considering raising its prices.

The company blames food price inflation for the potential hike, according to the Chicago Tribune, saying the meat and dairy products are ingredients responsible for the raise.

The antibiotic-free meats and organic ingredients the chain serves up in its “premium” items, make the chain more susceptible to changes in food costs, as it frequently cannot nail down prices on these items, according to the Tribune.

The potential price hike won’t happen until at least midway through 2013, according to Chief Financial Officer of Chipotle Mexican Grill, Inc. John Hartung, who announced the news at the ICR XChange Investor Conference on Thursday in Miami, Fl.

A typical Chipotle meal currently costs about $9, according to The Huffington Post.

Lately, Chipotle – which has 1,400 locations nationwide, including one recently erected in Hadley – has been taking a beating in the stock market, suffering setbacks due to both rising food prices and increased competition from chains such as the ever-cheap Taco Bell, according to HuffPost.

And of course, the slow economy has dampened people’s enthusiasm to go out for dinner.

But Chipotle has a plan.

Starting in March, the company is planning on unrolling a “significant” advertising campaign, according to the Tribune. Using radio, television, outdoor and print media, the company hopes to lure in more customers.

In addition to striving to bring more people through the doors, Chipotle will be experimenting with new menu items that can be produced at a cheaper cost.

One of the items the chain will be experimenting with is tofu, according to the Tribune. Starting next month, the chain will be selling “sofritas” in the San Francisco Bay area. Sofritas are made from a braised, shredded organic tofu.

Later this month, Chipotle will start offering a catering service in Chicago, according to the Tribune. They intend to make the service nationwide during the coming months.

The company is also dabbling in Asian Food. In 2011, it opened a Southeast Asian grill called ShopHouse in Washington D.C., according to the Tribune. They are planning to open a second ShopHouse in Los Angeles during the first half of this year.

Katie Landeck can be reached at klandeck@student.umass.edu.

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