The Kalibrate news round-up: November 2024

In this monthly feature, we look across the industry and mainstream news to uncover some stories of note that we think are worth your attention.

November 22, 2024|2 minutes

Consumers plan to spend $125B over Thanksgiving weekend

Spending on Thanksgiving weekend is expected to be slightly below last year’s $129.5B. The ICSC survey suggests millennials and Gen X will lead the splurge with average spending of $628 and $629. Over half of the survey respondents cited deals and discounts as their primary motivator.

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It took Chipotle just five years to build 1,000 ‘Chipotlanes’

Chipotle opened its 1,000th Chipotlane in just five years, leveraging the digital-forward format to boost convenience, expand into smaller markets, and drive higher sales compared to traditional stores. QSR Magazine’s deep dive is well worth your time.

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Vgo expands partnership with Meijer up to 480 new charging points

Charge point operator, EVgo has expanded its relationship with Meijer to deploy up to 480 new fast charging bays across six states.

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Taco Bell International targeted as a potential growth engine for Yum Brands

Great news for Kalibrate’s UK team as Taco Bell’s parent Yum sees great potential in the market. Taco Bell is expanding its international footprint, aiming for 1,000 units outside the US with key growth in Spain, India, and the UK. This growth is fueled by strong franchise partnerships and digital strategies.

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