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17-year-old Mexican chain closes most restaurants after ICE raids
Yahoo Finance· 2025-12-11 08:37
Another long-standing Mexican restaurant chain has closed nearly all of its locations, bringing to a halt years of family dinners, weekly happy hours, and a loyal customer base. Due to an unexpected event, a more severe crisis has now affected the business: the sudden loss of many employees. Mexican restaurants across the U.S. have been struggling with rising labor and food costs fueled by inflation, higher interest rates on their debt obligations, and more cautious consumer spending. This beloved Arizona ...