Chipotle Says Young Adults Are Eating Out Less as Rising Costs and Loan Payments Bite
CHICAGO — Executives at Chipotle Mexican Grill say younger customers — especially those between the ages of 25 and 35 — are visiting less frequently as economic pressures mount. The fast-casual chain cited rising unemployment, slower wage growth, and renewed student loan repayments as key factors keeping young adults from dining out as often. Financial…