Chipotle Mexican Grill

The food safety crisis that took the wind out of the sails of formerly high-flying Chipotle Mexican Grill has finally taken a toll on the chain’s executive suite.   The chain announced that Monty Moran has stepped down as co-CEO and from his board seat, effective immediately. Chipotle founder Steve Ells, currently co-CEO, will be the sole chief executive. He will also remain chairman.   

Chipotle Mexican Grill is thinking about getting into the burger business.

The fast-casual giant, which is still struggling to recover financially from food-safety problems that surfaced last summer, filed a trademark application for "Better Burger" as part of a business diversification move to open a burger restaurant chain.

Denver -- Chipotle Mexican Grill Inc. is going on a hiring binge.

The chain will hold its first-ever “National Career Day,” on Sept. 9, with the goal of hiring 4,000 new employees.

In terms of employment, Chipotle is considered one of the more desirable fast-food chains, offering higher-than-average wages. In June, the company announced it planned to offer benefits previously available only to salaried workers to all employees, including full tuition reimbursements, sick pay, and paid vacation days.

Purchase, N.Y. -- Chipotle Mexican Grill has opened at Orange Plaza, an 815,000-sq.-ft. Middletown, N.Y. power-center owned by National Realty & Development Corp.

Orange Plaza’s anchors include a Wal-Mart Supercenter, The Home Depot, Kohl’s Department Store, Burlington Coat Factory, Marshalls, Bed Bath & Beyond and Staples.

The center draws shoppers from a 12-mile radius with a population of more than 157,000. Approximately 20,000 of the 46,000 vehicles passing the center every day are shopping center destination trips.