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Shake Shack signs deal to open Israel chain
Shake Shack credit: Manu Padilla Shutterstock
[30]Israeli digital farm management co CropX raises $30m [31]Akamai to
acquire Israeli API co Neosec
19 Apr, 2023 18:10
[32]שלח תגובה במייל Shira Sapir
US hamburger chain Shake Shack today signed a deal with Harel Wizel and
Yarzin-Sella Group to set up and operate a chain in Israel.
US hamburger chain Shake Shack today signed a deal with Harel Wizel and
Yarzin-Sella Group to set up and operate a chain in Israel. The first
outlet will open in 2024 in Tel Aviv and according to Shake Shack by
2033, there will be 15 chains around Israel.
Shake Shack serves classic American fare and plans adapting its menu to
Israeli tastes by creating a partnership with local companies. The
Israeli menu will include the US chain's flagship Shackburger as well
as chips, shakes, beer, wine, ice cream, and more. "From the very first
moment Harel Wizel and Yarzin Sella Group approached us, we were blown
away by their incredible passion for Shake Shack and their expertise in
operating global brands," said Michael Kark, Chief Global Licensing
Officer of Shake Shack. "We have long admired the rich and diverse food
culture of Israel, and we couldn’t be more excited to arrive in Tel
Aviv and reach 15 Shacks across Israel by 2033."
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[33]Pret a Manger credit: Shutterstock
Fox signs deal to bring Pret a Manger to Israel
Harel Wizel added, "We're thrilled to bring the iconic Shake Shack
experience to Israel and share our passion for high-quality
ingredients, hospitality, and community. We will secure access to the
best locations all around the country, ensuring that we can bring the
Shake Shack experience to as many people as possible. Together, we're
committed to creating a memorable Shake Shack experience for all our
guests."
Yarzin Sella Group chairman Yuval Sella said, "We are honored to bring
this beloved American brand to our local market and provide our guests
with the same exceptional quality and experience that Shake Shack is
known for worldwide. This is an exciting milestone for our company, and
we look forward to sharing the joy of Shake Shack with the people of
Israel. Shake Shack has long been a brand that I have admired, and
after getting to know the amazing people behind it, I am even prouder
and more excited to bring it to Israel."
Since the original Shake Shack opened in 2004 in New York City's
Madison Square Park, the company has expanded to over 450 locations
worldwide, including 295 in 32 US states, and over 155 international
locations across London, Hong Kong, Shanghai, Singapore, Mexico City,
Istanbul, Dubai, Tokyo, Seoul and more. The company is traded on Wall
Street with a market cap of $2.3 billion.
Yarzin Sella Group and Harel Wizel's Fox-Wizel recently signed a
franchisee agreement with international fresh food chain Pret a Manger
to operate outlets in Israel.
Published by Globes, Israel business news - [34]en.globes.co.il - on
April 19, 2023.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.
[35]נושאים למעקב >>
Shake Shack credit: Manu Padilla Shutterstock
Shake Shack credit: Manu Padilla Shutterstock
[36]Fox signs deal to bring Pret a Manger to Israel
[37]עוד דעות >>
Shira Sapir
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