Shake Shack Clusters Near Other Dining Chains, Increasing Opportunities for Visits

In site selection, proximity to complementary operators can act as a force multiplier.

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Co-tenancy: % of Shake Shack locations where other brand is located within 0.25 miles, week of Apr. 27, '26. Cross-visitation: % of Shake Shack visitors that visited other brand at least once, April 2025-March 2026.

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