Mid-day Extra: Saying "adios" to a Mexican food great
Share Now on:
Earlier this month, the owner of the restaurant chains El Torito, Chevys Fresh Mex, and Acapulco
filed for bankruptcy, citing falling sales and customers with less disposable income on their hands.
The news seemed to fly a bit under the radar — perhaps because of the flood of big businesses going under in recent years; or maybe because tastes for Mexican food have steadily drifted towards trendy food trucks and taquerias serving up ice cold horchata.
But the end of this chain of restaurants also marks the end of an interesting slice of American culinary history. Without El Torito and its sister restaurants, a plate of refried beans smothered with cheese, a “wet burrito,” or even a margarita, might never have found their way to your table (or stomach).
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.