Mosaic News

Buy Me A Coffee
News without borders
Friday, 29 May 2026
Mosaic News is free to read — but not free to run. Your (monthly) donation keeps it going. →
United States·Trade & Economy

Guzman y Gomez exits US market after failed expansion attempt

Friday, 22 May 2026, 06:37 · 1 min read

Australian Mexican-themed fast food chain Guzman y Gomez (GyG) is shutting its US operations, closing eight restaurants in the Chicago area after failing to gain traction in a market dominated by established rivals such as Chipotle. Co-chief executive Steven Marks said the business could no longer justify further investment, citing poor sales momentum and far greater time and capital requirements than anticipated, with the exit expected to cost up to US$40 million. The withdrawal reinforces the United States' reputation as a "graveyard" for Australian fast food brands — previous casualties include Crust Pizza and Oporto — while GyG refocuses on its 237 Australian outlets and growing presence in Singapore and Japan.

Sources
The GuardianGuzman y Gomez exits US after succumbing to ‘graveyard’ for Australian fast food chains ↗︎
This article was automatically compiled by AI from the sources above. It may contain inaccuracies. Always read the original sources for the full context.