Chipotle rival closes all US restaurants

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleGuzman y Gomez operates over 260 restaurants across Australia, Singapore and Japan ( Scott Olson/Getty Images)Guzman y Gomez, an Australian-based Mexican restaurant chain, has abruptly closed all of its U.S. locations. The decision affects eight restaurants in the Chicago area, which were the only U.S. locations the chain had opened. Founder and CEO Steven Marks stated the U.S. business was not generating sufficient returns to justify continued investment. Marks noted that achieving success in the U.S. market would require significantly more time and capital than initially anticipated. The closure was effective May 22, with the company inviting U.S. customers to visit its international locations in Australia, Singapore or Japan. In fullMexican restaurant chain abandons plans to expand and closes all US locationsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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