business news in context, analysis with attitude

• The Wall Street Journal reports that “Chipotle Mexican Grill Inc. plans to open restaurants in Europe, beginning in London late this year, as the upscale fast-food chain continues expanding while higher-priced competitors are floundering amid a sharp pullback in discretionary spending … Although most of its growth will continue to be in the U.S., Chief Executive Steve Ells said Chipotle may open restaurants in other European cities.
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