$12 Burrito Out of Reach — Chipotle CEO Says Fewer Young Americans Dining Out Amid Student Loan Burden, Unemployment

Retail and restaurant chains are starting to feel the impact of persistent inflation, especially as lower-income customers cut back on spending. Burrito chain Chipotle Mexican Grill Inc. (NYSE:CMG) recently saw its stock tumble 19% in a single day after missing third-quarter revenue estimates and cutting its full-year same-store sales forecast.