Shake Shack to open ten additional stores in Malaysia by 2031
The chain now expects to have more than 45 Shake Shacks across Korea, Singapore, and Malaysia that year.
Shake Shack has expanded its partnership with licensee SPC Group, announcing their plan to open ten additional restaurants in Malaysia by 2031.
The companies’ latest agreement increases the total number of contracted Shake Shack outlets with SPC Group to 45 by that year.
“We continue to be blown away by the enthusiasm of our fans throughout the world and are thrilled to announce our further development in Southeast Asia,” Michael Kark, chief global licensing officer of Shake Shack, said in a statement. “This represents our sixth country in Asia, and together with the SPC Group, we expect to have more than 45 Shake Shacks across Korea, Singapore, and Malaysia by 2031.”
"SPC Group and Shake Shack have established a successful long-time partnership, bringing 28 Shacks to Korea and Singapore over the past five years,” added HeeSoo Hur, SPC Group Korea vice president.