Chipotle To Open Restaurants In Europe

The Wall Street Journal:

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.

As the restaurant industry in the U.S. turned increasingly dour last year, major brands turned their attention abroad, where business remained relatively…