Chipotle accelerates Middle East expansion in partnership with Alshaya


July 18, 2023 | By RetailME Bureau

Chipotle accelerates Middle East expansion in partnership with Alshaya

Chipotle Mexican Grill has signed its first-ever development agreement with Alshaya Group to open restaurants in the Middle East and accelerate its international expansion efforts. In partnership with Alshaya Group, Chipotle will initially open new restaurants in the UAE and Kuwait early next year before expanding further across the region.  

“We are proud to be Chipotle’s first and only franchise partner, as we continue to enhance our portfolio by bringing world leading brands to our customers across our markets,” said Mohammed Alshaya, Executive Chairman of Alshaya Group.

“Leveraging Alshaya’s market expertise will enable us to quickly gain access to these vibrant economies,” added Brian Niccol, Chairman and Chief Executive Officer of Chipotle Mexican Grill. “We are excited to offer guests in the Middle East our responsibly sourced, classically cooked real food, and look forward to furthering our purpose to cultivate a better world in this new territory.”

Chipotle’s existing international portfolio of owned and operated restaurants includes 33 locations in Canada; 15 in the UK with three more opening this summer; six locations in France; and two in Germany. In North America, the company currently owns and operates over 3,200 restaurants and is targeting 8-10% growth per year for the foreseeable future. Chipotle plans to open more than 255 new restaurants this year with a long-term target of 7,000 locations in North America.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Sunil Kumar and Ali Saeed Juma Albwardy, Spinneys

One of UAE’s leading fresh food retailers, Spinneys has announced its intention 

Continue Reading

April 19, 2024 | By RetailME Bureau
Laura Manning, Managing Director & Founder, BRW Society

Launched in 2019 by Laura Manning, UAE-based homegrown brand BRW Society completes 

Continue Reading

April 5, 2024 | By Rupkatha B
Rajiv Warrier, Chief Executive Officer, Choithrams

Since the launch of its first store in the UAE five decades 

Continue Reading

March 20, 2024 | By RetailME Bureau
Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC

Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC holds 

Continue Reading

February 29, 2024 | By Rupkatha B
Hani Weiss, Chief Executive Officer, Majid Al Futtaim Retail

In 1995 regional retail conglomerate Majid Al Futtaim introduced Carrefour to the 

Continue Reading

February 26, 2024 | By RetailME Bureau
Prashant Parameswaran, Managing Director and Chief Executive Officer of Tata Consumer Soulfull

Tata Soulfull, a leading name in the ‘good-for-you’ snacks and breakfast cereals 

Continue Reading

February 22, 2024 | By Rupkatha B
Jean-Luc Graziato, Chief Commercial Officer of Majid Al Futtaim – Retail and Alia Al Harmoodi, Acting CEO of the Environment, Health and Safety Agency

Majid Al Futtaim – Retail, which holds the exclusive franchise to operate 

Continue Reading

February 20, 2024 | By RetailME Bureau
Krishna Dhanak, Managing Director, Alpen Capital

In an exclusive interview Krishna Dhanak, Managing Director, Alpen Capital shared insights 

Continue Reading

February 19, 2024 | By Rupkatha B
Majed M. Al-Tahan, Co-founder & Managing Director, Danube Online

As digital transformation across the retail industry continues to accelerate, the expectations 

Continue Reading

December 19, 2023 | By RetailME Bureau
Frederic Levy-Perrault, CEO, Al Raya Supermarket

Saudi Arabia-based grocery retail chain Al Raya Supermarket serves over 100,000 customers 

Continue Reading

December 15, 2023 | By RetailME Bureau
Ahmad AR. BinDawood, Chief Executive Officer, BinDawood Holding

BinDawood Holding has a rich Saudi heritage, spanning over 50 years, 38 

Continue Reading

December 13, 2023 | By RetailME Bureau
Majid Al Futtaim Retail commits to Collaborative Impact Goals at COP28

Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour 

Continue Reading

December 8, 2023 | By Rupkatha B




Download Images RetailME Magazine