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Guzman y Gomez exits US after succumbing to ‘graveyard’ for Australian fast food chains
BUSINESS
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Guzman y Gomez exits US after succumbing to ‘graveyard’ for Australian fast food chains

By Jonathan Barrett Business editorMay 22, 2026·Source: The Guardian·4 views

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Company founder Steven Marks says US stores will close as it can no longer justify cost of trying to break into crowded marketFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGuzman y Gomez is closing its US business after failing to establish itself in a market already rich with Mexican food, confirming the American country’s reputation as a “graveyard” for Australian fast food companies.The Mexican-themed chain told shareholders on Friday that the performance of its US stores had not been acceptable, despite its well-publicised plans to “become the best and biggest restaurant company in the world”. Continue reading...

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Originally reported by The Guardian. Read the original article

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