Shake Shack's recent closures, which include five locations in Los Angeles, are attributed to underperformance. CEO Rob Lynch emphasizes that despite this pruning, the company remains focused on growth, with plans to open 80 new restaurants this year.
The closures, part of a broader strategy affecting four states, impacted 112 employees in total. The affected locations include key areas such as Bunker Hill, Silverlake, and Koreatown, highlighting Shake Shack's effort to stabilize its operations.
Collection
[
|
...
]