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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
4/22/25 11:07AM

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.

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Fox and News Corp slide as investors digest $3.3 billion Murdoch succession settlement

Fox and News Corp shares dropped on Tuesday after Rupert Murdoch’s heirs agreed to a $3.3 billion settlement to resolve a long-running succession drama.

Under the deal, Prudence, Elisabeth, and James Murdoch will each receive about $1.1 billion, paid for in part by Fox selling 16.9 million Class B voting shares and News Corp selling 14.2 million shares. The stock sales will raise roughly $1.37 billion on behalf of the three heirs.

The new trust for Lachlan Murdoch will now control about 36.2% of Fox’s Class B shares and roughly 33.1% of News Corp’s stock, granting him uncontested voting authority over both companies for the next 25 years. Originally, the Murdoch trust was designed to hand over voting control of Fox and News Corp to Prudence, Elisabeth, Lachlan, and James after his death.

Investors are weighing the trade-off. Clear leadership under Lachlan may resolve conflict internally, but the share dilution, executed at a roughly 4.5% discount, means long-term investors now hold slightly less clout than before.

Both companies’ stocks were trading close to all-time highs prior to the announcement.

385 ✈️ 434

Boeing on Tuesday announced that it delivered 57 commercial jets in August, its best total for the month in seven years. That brings its year-to-date delivery total to 385 planes, eclipsing its full-year 2024 figure by about 11%.

The August figure marked Boeing’s second-highest delivery total of 2025 and represented a 43% jump from the same month last year. Through August, Boeing has boosted its deliveries by 50% from last year.

The plane maker is still trailing its European rival Airbus, which delivered 61 planes in August and 434 year to date.

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