Tuesday, August 22, 2017

SHANGHAI CALLING! SHAKE SHACK IS SHANGHAI BOUND

New York’s Beloved Burger, Hot Dog and Frozen Custard Stand Heads to Mainland China

NEW YORK, Aug 22 (Bernama-BUSINESS WIRE) -- Come on by, Shanghai! Shake Shack’s expansion plans in Asia are heating up. After announcing in July that the first-ever Hong Kong location will open in 2018, plans are now underway for Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE:SHAK) and its licensee, Maxim’s Caterers Limited, to open the first restaurant in mainland China by 2019.

Maxim’s Caterers Limited has more than 60 years of experience in food and retail as a diversified operator of full-service and quick-service restaurants, bakeries, and coffee shops in Asia. As a highly respected and proven operator, Maxim’s is perfectly fit to bring Shake Shack to Shanghai and Shake Shack is proud to partner with Maxim’s Caterers Limited to open 25 total Shacks in Shanghai and East China through 2028.

http://mrem.bernama.com/viewsm.php?idm=29857

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