“Fast Food News: Popular Chain Closing Restaurants This Week”
As dining habits change and customers venture out less frequently, restaurant chains are feeling the financial strain. This shift has prompted several companies, including Boston Market, Red Lobster, Pizza Hut, TGI Fridays, Popeyes, Cracker Barrel, and Applebee’s, to close underperforming locations. Now, beloved burger chain Shake Shack is joining the trend.
The company recently announced it will permanently close nine of its locations in California, Texas, and Ohio by Wednesday. CEO Rob Lynch explained, “After careful consideration, we’ve made the tough decision to close a small group of Shacks due to various factors, including underperformance. We remain focused on supporting our team members through this transition and look forward to continuing our growth, opening many more locations across the country.”
Lynch reassured stakeholders that the company “currently does not anticipate closing any additional Shacks based on this evaluation” in the foreseeable future. Shake Shack plans to open dozens of new company-owned restaurants, along with more licensed locations. Currently, the chain operates 510 locations, including 330 in the United States across 33 states and the District of Columbia.
The closures in California include restaurants in Oakland, Bunker Hill, downtown Culver City, Koreatown, Silverlake, and Westfield Topanga. In Texas, the affected locations are at Houston Galleria and in Montrose, while the single Ohio closure is in Polaris.
