Chipotle heads south of the border with opening of 1st location in Mexico

By DEE-ANN DURBIN Chipotle Mexican Grill is coming to Mexico Related Articles Google faces off with US governing body in attempt to break up company in search monopoly circumstance China warns countries against making transaction deals with the US unfavorable to Beijing Wall Street and the dollar tumble as investors retreat further from the United States Worried about latest Wall Street turmoil and its effects on your retirement or investments The Denver Post wants to hear from you Metro Denver a leader nationally for how fast unsold homes are piling up The California-based chain commented Monday it s planning to open a restaurant in Mexico early next year its first location south of the demarcation in its -year history Chipotle is partnering with Alsea in Mexico City a company that operates Domino s Starbucks Burger King Chili s and other brands in South America and Europe Alsea plans to explore additional expansion in Mexico and other locations in the region Nate Lawton Chipotle s chief business rise officer noted the company is confident that its menu will resonate with Mexican diners The country s familiarity with our ingredients and affinity for fresh food make it an attractive increase territory for our company Lawton revealed in a comment But at least one U S -based Mexican chain has struggled to make it in Mexico Taco Bell opened a limited outlets in Mexico City in but they closed within two years The brand opened another store in Monterrey Mexico in which also didn t last The expansion arrives as President Donald Trump s tariffs on Mexican imports could increase costs for U S Chipotle locations Last week the U S Commerce Department announced it plans to withdraw from a agreement suspending an antidumping analysis into fresh tomato imports from Mexico That termination set to take effect July means the bulk tomatoes from Mexico will be subject to a tariff Chipotle gets around half of its avocados from Mexico but so far those are not subject to tariffs Chipotle which was founded in Denver in has restaurants and plans to open up to new locations this year It has been focused on growing its international footprint Last year it partnered with Alshaya Group to open a restaurant in Kuwait its first new sector in a decade It now has three restaurants in Kuwait and two in the United Arab Emirates