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Shake Shack Jumps With Burger Chain Boosting Labor Productivity.

Authors :
Tang, Alicia
Source :
Bloomberg.com; 10/31/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Shake Shack Inc. exceeded sales expectations in the last quarter, attributing the success to a new workforce model that increased labor productivity to levels not seen since 2019. The company's same-store sales grew by 4.4%, surpassing analyst predictions and previous year's growth. Shake Shack's focus on operational improvements, data reporting, and new worker schedules led to reduced customer wait times and plans to expand its locations by 80 to 85 next year. CEO Rob Lynch's strategies include marketing initiatives, operational enhancements, and drive-thru optimization to attract more customers. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180634128