Market Chatter: Shake Shack Launches First Loyalty Program

MT Newswires Live
28 May

Shake Shack (SHAK) is launching its first loyalty program in a bid to increase sales by having customers visit its stores more often, Bloomberg reported Wednesday, citing an interview with the company's chief growth officer Steph So.

The burger chain will begin offering users of its app discounts and promotions aimed at increasing the visit frequency of its customers, and it will unveil a broader loyalty program later in the year, the report said.

Shake Shack did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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