Business
Chipotle store front New York
(Michael M. Santiago/Getty Images)
Take the wrap

Chipotle “Mexican Grill” is coming to Mexico for the first time in 2026

The chain is expanding into its fare’s homeland — something that rival Taco Bell has already failed to do twice.

Millie Giles

Anyone in Mexico that’s stumped as to where they could possibly go to get a taco or a burrito finally has an answer: Chipotle Mexican Grill is opening its first-ever outpost in the country, the company announced on Monday.

Step asada

The California-based chain said it will partner with Alsea — a Mexico City-based restaurant operator that has successfully brought brands like Starbucks, Chili’s, and the Cheesecake Factory to Latin America — to open a new location in Mexico in early 2026. In the press release, Chipotle confidently cited “familiarity with [their] ingredients” as a reason why the brand’s “classically-cooked” food will “resonate with guests in Mexico.” 

However, American takes on its southern neighbor’s cuisine don’t always hit in the Mexican market. Even Yum! Brands’ Taco Bell, the biggest Mexican restaurant chain in the US with over 8,000 locations, has twice tried — and twice failed — to open in the country.

Chipotle and Taco Bell sales chart
Sherwood News

Despite its failure in the home of its namesake fare, Taco Bell has still seen sales soar over the last decade, peaking at $17 billion last year. And while Chipotle isn’t quite at that level going into its southern expansion, it’s growing more quickly than its closest rival, with restaurant revenues up 15% year over year.

Fillings the gap

Though it’s opened more than 90 international units since 2008, including 58 locations in Canada and 20 in the UK, Chipotle has never expanded to the native land of many of its dishes. Now, though, could be the perfect time.

As prices of produce imported from Mexico to the US are expected to rise on President Trump’s 25% tariffs, Chipotle has been on a mission to find avocados from alternate sources to make its (famously not free) guacamole, along with many other imported ingredients. Opening restaurants in its primary supplying country not only keeps menu prices low in stores in that region, but could also help to hedge against higher costs domestically by staying close to the source, per Quartz.

Even with Chipotle’s prices surging in recent years, it seems that people keep coming back for the chain’s fresh, customizable creations — regardless of the fact that its burrito bowls and salads aren’t exactly what you’d get in Mexico. But, with Taco Bell serving as an example of a rapidly growing, rapidly modernizing chain that just couldn’t crack the Mexican market, time will tell whether Chipotle’s calidad will outshine its autenticidad among local consumers.

More Business

See all Business
Family Watching Baseball On Tv

Netflix and Disney+ probably only added ad-tier subscribers this year, says Morgan Stanley

As streaming prices climb, ad-free subscribers are becoming a rarity.

Aldi Grand Opening

Discount stores are having a moment in America, drawing high- and low-income consumers alike

Everyone loves a deal in 2025 — and Aldi, Walmart, and Dollar Tree are all cashing in.

Millie Giles12/17/25
business

Report: OpenAI won’t pay a dime in cash for its 3-year licensing deal for Disney IP

More financial details behind the landmark deal that will grant OpenAI three years of access to Disney intellectual property are coming out, and they’re pretty surprising.

The deal will reportedly see OpenAI pay zero dollars in licensing fees, instead compensating Disney in stock warrants. It was previously reported that Disney would invest $1 billion into OpenAI as part of the agreement.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

business

Ford says it will take $19.5 billion in charges in a massive EV write-down

The EV business has marked a long stretch of losing for Ford, and today the automaker announced it will take $19.5 billion in charges tied, for the most part, to its EV division.

Ford said it’s launching a battery energy storage business, leveraging battery plants in Kentucky and Michigan to “provide solutions for energy infrastructure and growing data center demand.”

According to Ford, the changes will drive Ford’s electrified division to profitability by 2029. The company will stop making its electric F-150, the Lightning, and instead shift to an “extended-range electric vehicle” that includes a gas-powered generator.

The Detroit automaker also raised its adjusted earnings before interest and taxes outlook to “about $7 billion” from a range of $6 billion to $6.5 billion.

Ford’s write-down is one of the largest taken by a company as legacy automakers scale back on EVs, giving EV-only automakers a market share boost.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.