Latest News About Guzman y Gomez closes all US locations

announced pullout from the US market, underwhelming performance prompting a renewed focus on Australia, Singapore, and Japan. one-off hit 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 action from employees in the US over notice on closures has been reported. The move 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.