Current:Home > NewsShake Shack to close 9 restaurants across 3 states: See full list of closing locations -FundSphere
Shake Shack to close 9 restaurants across 3 states: See full list of closing locations
Poinbank Exchange View
Date:2025-04-07 15:47:55
Popular burger chain Shake Shack is closing nine underperforming locations across three states, the company confirmed in an emailed statement to USA TODAY on Thursday.
The closures include six locations in California, two in Texas and one in Ohio, according to the chain. The company said in the report it "currently does not anticipate closing any additional Shacks based on this evaluation" for the foreseeable future.
"After careful consideration, we’ve made the tough decision to close a small group of Shacks due to various factors, including underperformance," said Shake Shack CEO Rob Lynch in the statement obtained by USA TODAY. "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 also said in the statement the chain plans to open 40 new company-owned locations and 40 more licensed locations this year.
Since Shake Shack opened its original location in 2004 in New York City's Madison Square Park, the company has expanded to over 510 locations, including 330 across 33 states and the District of Columbia, and over 180 international locations, according to the company's 2023 financial results.
Which Shake Shack locations are closing?
According to the company, the Shake Shack locations impacted include:
- Oakland, California
- Bunker Hill, California
- Downtown Culver City, California
- Koreatown, California
- Silverlake, California
- Westfield Topanga, California
- Polaris, Ohio
- Houston Galleria, Texas
- Montrose, Texas
The company expects to complete the closures by Sept. 25, 2024, according to the report filed with the SEC.
Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at [email protected].
veryGood! (714)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- US Rep. Ilhan Omar, a member of the progressive ‘Squad,’ faces repeat primary challenge in Minnesota
- Vince Vaughn makes rare appearance with children at Hollywood Walk of Fame ceremony
- KFC expands $5 value menu to include nuggets, drums and more: See what's on the menu
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- With over 577,000 signatures verified, Arizona will put abortion rights on the ballot
- Florida now counts 1 million more registered Republican voters than Democrats
- 'QUEEEEEN': Raygun of Olympics breakdancing fame spotted busting moves, gains fan in Adele
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Massachusetts fugitive wanted for 1989 rapes arrested after 90-minute chase through LA
Ranking
- North Carolina justices rule for restaurants in COVID
- Katie Holmes Makes Rare Comments on Bond With 18-Year-Old Daughter Suri
- Older Americans prepare themselves for a world altered by artificial intelligence
- Blink Fitness gym chain files for bankruptcy, here's what it means for locations around US
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Texas’ overcrowded and understaffed jails send people awaiting trial to other counties and states
- 3 people killed in fire that destroyed home in small town northeast of Seattle
- Stud Earrings That We Think Are 'Very Demure, Very Cutesy'
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Truth Social reports $16M in Q2 losses, less than $1M in revenue; DJT stock falls 7%
Paige DeSorbo Shares Surprising Update on Filming Summer House With Pregnant Lindsay Hubbard & Carl Radke
Young Thug racketeering and gang trial resumes with new judge presiding
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Gwen Stefani cancels Atlantic City concert due to unspecified 'injury'
50 best friend quotes to remind you how beautiful friendship really is
A Full Breakdown of Jordan Chiles and Ana Barbosu's Olympic Controversy That Caused the World to Flip