Red Lobster in hot water: 23 more closures
It looks like Red Lobster is in hot water, closing 23 more locations by September, bringing this year’s total closures to over 120.
Cheddar
Multiple “underperforming” Shake Shack locations will close in several states, including California.
The chain, known for its burgers and milkshakes, detailed its plans in a document filed to the U.S. Securities and Exchange Commission on Tuesday. The document stated that the company “regularly evaluates its portfolio” of Shake Shack restaurants and has identified underperforming locations — some of which are negatively impacting nearby Shake Shacks by drawing sales away.
Nine Shake Shacks will close in California, Ohio and Texas. No other stores are expected to close based on this evaluation, and the closures won’t impact Shake Shack’s plans to open additional stores in these states, according to the filing.
Shake Shack, headquartered in New York, said management at the affected locations will be offered a position at neighboring Shake Shacks. Hourly team members will be eligible for rehire at other locations.
The news comes as California continues to see retailers and restaurants, including Big Lots and Red Lobster, reduce their footprint in the state.
Which Shake Shack locations in California are closing?
The San Francisco Chronicle reported that six Shake Shacks in California will close. They are located in:
OaklandDowntown Los AngelesCulver CityKoreatown in Los AngelesSilver Lake in Los AngelesWestfield Topanga in Canoga Park
Paris Barraza is a trending reporter covering California news at The Desert Sun. Reach her at [email protected]. Follow her on Twitter @ParisBarraza.
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Publish date : 2024-08-28 12:38:00
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