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Is Chipotle Closing All Its Restaurants After Filing for Bankruptcy? Here’s What We Know
Rumors of Chipotle filing for bankruptcy and closing locations stemmed from a misreported article about a spinoff restaurant. Chipotle confirmed these claims are false and plans to open 345 new restaurants, ensuring customers it remains open for business.
Recent rumors circulating on social media have left many Chipotle fans in a state of panic, with claims that the beloved restaurant chain is filing for bankruptcy and set to close all its locations. Let’s set the record straight and find out what’s really happening.
According to KTLA, the frenzy began when the Union Rayo media outlet published a story on March 20 about the closure of a Chipotle spinoff restaurant called Farmesa Fresh Eatery. Unfortunately, the article mistakenly included a photo of Chipotle, and this misinformation quickly spread like wildfire across social platforms.
Chipotle is famous for its generously-sized burritos, bowls, quesadillas, and tacos, proudly serving organic ingredients at nearly 4,000 locations worldwide. Unsurprisingly, the rumors sent burrito lovers into a frenzy. One social media user expressed disbelief, questioning, “How is Chipotle going bankrupt when I get a bowl with extra chicken and guac every day????”
Amidst the chaos, another user humorously suggested, “They’re talking about Chipotle closing, I’ll chain my wrist to the door don’t play with me,” highlighting the deep connection many have to the restaurant.
In response to the widespread concerns, Chipotle issued a statement to clarify the situation. A spokesperson for the chain told Good Morning America, “The claim that Chipotle is closing restaurants is false. The false information stemmed from an inaccurate online article confusing Chipotle with a venture it tested in 2023. The story has since been corrected.”
Furthermore, as a testament to their growth, Chipotle plans to open 345 new restaurants this year. This expansion clearly indicates that the chain is on solid ground and committed to serving its loyal customers for years to come.
So, if you were worried about your next burrito fix, rest easy! Chipotle is not closing its doors, and the rumors can safely be put to rest. Keep enjoying your favorite meals, and stay tuned for those new locations popping up soon!
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