Guzman y Gomez

A new chain bagel shop, Call Your Mother, has reignited a long-standing debate in Wicker Park over corporate versus independent businesses. Local business owners, including Bill Jacobs of Piece Pizzeria and Ashley Ortiz of Antique Taco, have criticized the chain's expansion, which is backed by private equity firm Invus, while noting the recent closure of corporate taco chain Guzman y Gomez.

Mexican-themed Australian fast food chain Guzman y Gomez faces a class action lawsuit in the US over allegations of terminating staff without adequate pay or notice after closing its Chicago stores. The legal claim was filed in a US federal trial court in Illinois following the company's decision to abandon its US expansion plans.

Guzman y Gomez, an Australian Mexican-themed fast food chain, is closing its US operations after failing to compete in the crowded American market. Founder Steven Marks cited unacceptable store performance and inability to justify continued investment costs. The closure reinforces the US market's reputation as a 'graveyard' for Australian fast food chains.

Guzman y Gomez shares surged up to 20% following the company's announcement to exit the U.S. market and refocus on its core Australian operations. The strategic decision to abandon U.S. expansion in favor of strengthening its home market presence drove positive investor sentiment.

Australian fast-food chain Guzman y Gomez has decided to exit the United States market, ending its expansion efforts in the competitive quick-service restaurant sector. The company is retreating from the challenging US market after attempting to establish a presence there.