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Popular Fast Food Restaurant Closing Stores In Several States [Shake Shack]
iHeart Daily News Update ^ | August 29, 2024 | Jason Hall

Posted on 08/29/2024 1:36:56 PM PDT by SharpRightTurn

Shake Shack plans to close multiple "underperforming" restaurants in several U.S. states, according to a document filed to the U.S. Securities and Exchange Commission on Tuesday (August 27).

The popular chain plans to close nine stores located in California, Ohio and Texas, however, no other stores are expected to be affected and the plan won't impact expansion in the three states, according to the filing. All Shake Shack management affected by the closures will be offered positions at neighboring locations and hourly employees will be eligible for rehire.

Six of the nine Shake Shacks scheduled to close are in California and located in Oakland, Downtown Los Angeles, Culver City, Koreatown in Los Angeles, Silver Lake in Los Angeles and Westfield Topanga in Canoga Park, according to the San Francisco Chronicle. The other three closures are reported to be in Columbus, Ohio, and Houston, Texas.

The fast food chain does, however, still have more than 20 locations in the Los Angeles area, which includes California's first drive-thru location opened earlier this month, as well as nearly 330 locations in the U.S. and more than 400 globally. Shake Shack is the latest national brand to experience closures in the state of California and nationally, following Big Lots and Red Lobster's decisions to reduce their footprint.


TOPICS: Business/Economy; Miscellaneous; News/Current Events
KEYWORDS: closures; shack; shake
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Schadenfreude: https://freerepublic.com/focus/f-news/4261574/posts

["Shake Shack promises that by 2025, their leadership will be 50% Black"]

1 posted on 08/29/2024 1:36:56 PM PDT by SharpRightTurn
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To: SharpRightTurn

it only took one eat there at it’s flagship in Manhattan way back before it went public to know it was doomed.

maybe it was the way the fans blew all the kitchens greasy air out onto the sidewalk so that pedestrians who were bothered by it had to switch sides to avoid breathing that convinced me.

then after all the ipo hooplah I couldn’t wait for the market to render its judgment. 10 years of artificially low interest rates and other games prolonged that event.


2 posted on 08/29/2024 1:41:10 PM PDT by xoxox
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To: xoxox

I guess it actually started as a kiosk in a park near Union Square area but the store 86th was sickening.


3 posted on 08/29/2024 1:42:46 PM PDT by xoxox
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To: SharpRightTurn

“Underperforming”, the new term that describes restaurants and other businesses that can’t stay open because inflation made them too expensive for people to afford.


4 posted on 08/29/2024 1:43:34 PM PDT by adorno (CCH)
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To: adorno

Wait just one damn minute. Lowbridge just posted they’re committed to DEI. What gives?


5 posted on 08/29/2024 1:45:31 PM PDT by DIRTYSECRET
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To: SharpRightTurn
People are finally adjusting to the new normal (inflation).

And many people are using GLP-1 drugs (JD Vance?)

6 posted on 08/29/2024 1:47:18 PM PDT by MinorityRepublican
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To: DIRTYSECRET

Maybe they are anticipating the benefit of DEI hiring?


7 posted on 08/29/2024 1:47:54 PM PDT by vetvetdoug
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To: SharpRightTurn

8 posted on 08/29/2024 1:49:42 PM PDT by Jane Long (The role of the GOP: to write sharply-worded letters as America becomes a communist hell-hole.)
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To: SharpRightTurn

I tried it once here it Texas, felt like it was way overpriced. Maybe slightly better food at double the price of other fastfood places.


9 posted on 08/29/2024 1:50:08 PM PDT by Truthsearcher
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To: adorno

They were overpriced BEFORE inflation.


10 posted on 08/29/2024 1:50:18 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: DIRTYSECRET

Hiring a team to ensure that happens takes money. Apparently a lot of it.
Just glad to hear they aren’t closing because of crime or high operational costs (excluding diversity, which is probably connected to taxpayer dollars).


11 posted on 08/29/2024 1:50:24 PM PDT by momincombatboots (BQEphesians 6... who you are really at war with.)
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To: DIRTYSECRET

They’re committed to DIE is sounds like.


12 posted on 08/29/2024 1:56:30 PM PDT by Tommy Revolts (,,)
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To: SharpRightTurn

Their normal shakes are pretty good. The current special shakes, Peach and Strawberry Donut, do not seem worthwhile.

They have a fried portobello mushroom you can have in a sandwich that is fun.

Currently, they have a promo for a free shake of any type with a $10 purchase.

It’s an indulgence we’ve allowed ourselves, and the first time for Shake Shack.


13 posted on 08/29/2024 1:57:50 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: SharpRightTurn; lowbridge

Ties into your post earlier?


14 posted on 08/29/2024 1:59:29 PM PDT by IllumiNaughtyByNature (Polls are designed to sell more ads & polls only. If it's not a horse race the money dries up.)
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To: Jane Long
Shake Shack @shakeshack promises that by 2025, their leadership will be 50% Black.

The woke Left always claims that they want company management, government cabinets, etc. to “look like America.” So, if we were to actually do that a management team of say, 16 people, would consist of 11 white people, 2 black people, maybe 2 Hispanics and 1 Asian person. Of course, we know that’s not what they really want. What they really mean by “diverse” is 100% black.

15 posted on 08/29/2024 2:02:01 PM PDT by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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To: Truthsearcher

“double the price of other fastfood places.”

That goes for “Five Guys” burger joint, too. At there ONCE and never again.


16 posted on 08/29/2024 2:05:54 PM PDT by ProtectOurFreedom (“When exposing a crime is treated like a crime, you are being ruled by criminals” – Edward Snowd)
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To: IllumiNaughtyByNature; lowbridge

Yes, a tie-in to lowbridge’s article: https://freerepublic.com/focus/f-news/4261574/posts


17 posted on 08/29/2024 2:06:25 PM PDT by SharpRightTurn (“Giving money & power to government is like giving whiskey & car keys to teenage boys” P.J. O’Rourke)
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To: SharpRightTurn

https://www.msn.com/en-us/money/other/shake-shack-plans-to-open-80-new-locations-in-2024/ar-BB1lUzYu


mean while plan on opening 80 new locations?


18 posted on 08/29/2024 2:08:05 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: SharpRightTurn

Not popular enough, apparently


19 posted on 08/29/2024 2:10:09 PM PDT by bigbob
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To: PeterPrinciple

“mean while plan on opening 80 new locations?”

If true, here’s hoping they all go belly-up when people find out they are Didn’t-Earn-It driven and openly discriminate against Whites.


20 posted on 08/29/2024 2:11:41 PM PDT by SharpRightTurn (“Giving money & power to government is like giving whiskey & car keys to teenage boys” P.J. O’Rourke)
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