Photo by Keenan Constance (Pexels).

Shake Shack to open 10 Malaysian stores by 2031

The burger stand operator is present in five Asian markets.

American burger company Shake Shack and its South Korea-based licensee SPC Group have expressed plans to open 10 Shacks in Malaysia by 2031, starting with the first Shack in 2023, the company announced in a news release.

The new agreement is set to raise the total number of contracted Shake Shacks with SPC Group to 45 by 2031. Currently, SPC Group has 30 brands and over 7,000 stores worldwide, including five markets in Asia.

Shake Shack is a modern day “roadside” burger stand that showcases its 100% natural Angus beef burgers, chicken sandwiches and flat-top Vienna beef dogs, spun-fresh frozen custard, crinkle cut fries, craft beer and wine.

Since the original Shack opened in 2004 in New York City’s Madison Square Park, the company has expanded to more than 350 locations in 30 US States and the District of Columbia, including more than 120 international locations including London, Hong Kong, Shanghai, Singapore, Philippines, Mexico, Istanbul, Dubai, Tokyo, and Seoul.

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

And Uniqlo raised prices for some products due to high production costs.
Changsha Qianbaizhi Food Trading was amongst the first to access e-CNY.
The high inflation in the country has led to a boost in sales in cheaper private brands.
The used goods market has seen rapid growth in the past decade.
The company is targeting to open more than 500 stores in Malaysia in five years.
It rose to 24% from 20% during the high alert period in Southeast Asia.
In Singapore, over 40% of Shopline merchants adopted social commerce.
Recovery of consumer spending relies on the vaccination against COVID-19.
The joint venture aims to expand SMEs’ credit access. 
Alibaba said these technology trends will rise in the next two to five years.
This will launch an extensive product range and offer free scheduled delivery.
The burger stand operator is present in five Asian markets.
But an analyst fears that this will fall short of reaching profitability.
The company seeks to expand its Greater Bay Area operations, currently with eight stores.
The delivery company is seeking to expand its operations to 15 Indian cities.