Chipotle tests robots to make your food even faster

Chipotle is testing a robotic assembly line to help speed up orders.

Transcript

00:00 I'm JD Durkin reporting from the New York Stock Exchange.

00:02 Stocks were in the red in a big way to close out today's session here on Wall Street.

00:06 The Dow closed down 430 points, the tech-heavy Nasdaq down 1.8 percent, while the S&P 500

00:12 closed down 1.3 percent on the day.

00:15 A lot of red on the big board here today.

00:17 All this comes after today's Jolts report revealed that the labor market is still very

00:21 tight.

00:22 There were 9.6 million open jobs in the month of August.

00:26 That's the highest the U.S. economy has seen since May and far above the 8.8 million that

00:31 were expected.

00:33 This report, as well as Friday's jobs numbers, will be key when the Federal Reserve makes

00:37 its interest rate decision next month.

00:40 Investors are concerned that rates will need to stay higher for longer.

00:43 Meanwhile, Chipotle is now testing if automation can help decrease the time you have to wait

00:48 for your favorite burrito bowl or salad.

00:50 That's right, the company is teaming up with Hyphen, a startup aiming to automate restaurant

00:55 kitchens.

00:56 This technology will only be used on digital orders to begin with, and here's a look at

01:00 how it will work, according to the company.

01:02 If an order includes a bowl or salad, those entrees would be routed to the automated system.

01:07 The bowl moves along the bottom and positions itself under the correct ingredient container.

01:12 The intelligent dispensers portion each ingredient into the bowl.

01:16 If the order includes burritos, tacos, quesadillas or kids meals, a Chipotle team member would

01:22 then use the top of the same station to create those entrees.

01:26 The company says roughly 65% of all of its digital orders are for bowls and salads.

01:31 However, we should point out it's not exactly the first time that Chipotle has ventured

01:35 into automation.

01:36 Last year, the company started using Chippy, a robot that can make tortilla chips in California

01:42 locations.

01:43 That'll do it for your daily briefing.

01:45 From the floor of the New York Stock Exchange, I'm J.D. Durkin with the Street.

01:48 Thanks.

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