Chipotle rival closes all US restaurants

Business & FinanceFood
28 May 2026 • 7:48 AM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Chipotle rival closes all US restaurants

  • 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.

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