Fast-Casual IPOs: A Follow-Up

Shake Shack shook up an otherwise relatively slow news stretch this Monday by filing a prospectus for an IPO. It was a move that investors and restaurant industry observers had been waiting for, and although Shake Shack didn’t list an estimated price range or number of shares to be offered, the 63-unit New York-based chain is poised […]

Shake Shack Concedes Nixing Crinkle Fries Was a Mistake

Last fall, I discussed the teachable moment Panda Express encountered when it tried to swap brown rice for white rice in its signature fried-rice recipe. Many customers were outraged, and the chain—the third-largest fast-casual restaurant brand in the U.S. by sales—put the matter to a public vote. White rice won handily, and the original fried-rice […]

Three Chains Betting on Burger Growth in the U.K.

Next month, three buzzed-about burger concepts from abroad—American chains Shake Shack and Five Guys Burgers and Fries, and South Africa’s Steers—are set to make their big London debut. Five Guys and Shake Shack will host grand-opening celebrations on 4 and 5 July, respectively; Steers also reportedly will open the first week of July. The owners […]