Guzman Y Gomez to Cease All US Operations
The fast-casual chain has closed 8 Chicagoland locations, the company announced this past week.
ground.newsstated closing all American locations, underwhelming performance prompting a renewed focus on Australia, Singapore, and Japan. a single upfront impact to finances, as leadership says the company needs additional time and capital to revitalize the US market. Plan is to pursue expansion via franchise conversions. Legal cases from employees in the US over notice on closures has been noted. The exit comes after closing eight Chicagoland locations this past week, aligning with the broader shift away from the US market toward other regions. Further details were given on timing beyond the closing all US locations and the franchise-led expansion approach.