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☆ Chipotle says customers can't get enough of its Chicken al Pastor – and it means it's having to spend less on pricier beef
  + stars: | 2023-07-27 | by ( Grace Dean | ) www.businessinsider.com   time to read: +3 min
Chipotle says its limited-edition Chicken al Pastor is boosting sales and attracting new customers. Chicken al Pastor was added to its menus in March, and according to CEO Brian Niccol, one in five customer orders at the chain now include the protein. "We've got a benefit because Chicken al Pastor has really shifted some of our customers from the more expensive beef into the less expensive chicken," CFO Jack Hartung said in an earnings call on Wednesday. Chicken al Pastor isn't just cheaper for Chipotle to make, it's also helping to attract new customers, the company said. Plus, it was a fairly straightforward dish to launch because it's made using Chipotle's existing adobo chicken, which is then mixed in an al pastor marinade.
Persons: Chipotle, al, –, al Pastor, Brian Niccol, We've, Jack Hartung, Price, isn't, it's, marinade, morita, Niccol Organizations: Service, Bureau for Labor Statistics Locations: Wall, Silicon, Canada, Germany, France
☆ Why Everyone Is Moving to Florida: Jobs, Economy, Cost of Living, Taxes
  + stars: | 2023-03-09 | by ( Emil Skandul | ) www.businessinsider.com   time to read: +12 min
For other states to compete, they will need to pay attention to what Florida is doing right. Floridians pay no income tax and fewer taxes overall than people in states like New York, California, or Massachusetts. But a low tax rate isn't the only thing people care about. Despite having a budget half the size of New York's and a larger population, Florida, by many metrics, is able to do significantly more with the taxes it collects. Florida is also outshining New York and other major population centers in tackling the soaring cost of housing.
☆ This CEO cut the working week, but not pay, at his factory – and says workers are now more productive and stick around for longer
  + stars: | 2023-01-21 | by ( Stephanie Stacey | ) www.businessinsider.com   time to read: +4 min
DiamondBack Covers reduced its 40-hour week to 35 without cutting pay for workers. He thinks that blue-collar workers and their employers can both benefit from a shorter working week. The idea of cutting workers' hours without cutting pay, sometimes called the "four-day week", is gaining traction, but it's a movement that's often associated primarily with desk jobs. DiamondBack Covers, which makes heavy-duty covers for pickup trucks, employs about 115 workers at its factory in Philipsburg, Pennsylvania. The shorter week also appears to help attracting new staff at a time when many factories have struggled to find workers.
☆ The surprise lettuce crisis cost Olive Garden's owner as much as $5 million in 3 months
  + stars: | 2022-12-18 | by ( Ryan Hogg | ) www.businessinsider.com   time to read: +2 min
Olive Garden has lost nearly $5 million in the space of three months, its parent firm's chief financial officer said. At its quarterly analyst call for its fiscal Q2 2023, Darden Restaurants chief financial officer Raj Vennam estimated that issues with lettuce production cost between $4 million to $5 million. Darden has faced mounting costs this year, with Vennam saying costs are up 20% for chicken and dairy year on year. The hit from rising prices for lettuce — a bedrock of Olive Garden's never-ending salad — was a shock. It was, call it, $4 million to $5 million impact in the quarter, that's meaningful," Vennam said.
☆ Recession 2023: Looking after your pets is getting pricier, so here's 6 ways you can save money
  + stars: | 2022-11-06 | by ( Stephanie Stacey | Weekend Business News Fellow | Read More | ) www.businessinsider.com   time to read: +7 min
Pet food prices rose 14% between September 2021 and September 2022, according to the Bureau for Labor Statistics. Fifty percent are shopping for cheaper alternatives to their standard pet food, and 35% say they've had to reduce the frequency of their visits to grooming services. More worryingly: 46% of pet owners said that they've decided to forego or delay veterinary treatments in the wake of inflation — including dental procedures and X-Rays. She told Insider: "Google searches for "can I give my dog paracetamol?" have surged recently, as we fear people are seeking to self-medicate animals and avoid vet costs."
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