The Pomp Letter
The Pomp Letter
Chipotle, Digital Orders, and Mortgages
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Chipotle, Digital Orders, and Mortgages

To investors,

There are two stories that I found interesting this morning.

Digital-only Stores

The first is that Chipotle is going to open their first digital-only restaurant. You can think of this as the restaurant equivalent of a ghost kitchen. It has no dine-in seating area and there is no opportunity for customers to come inside and order. The entire …

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