Five Guys closed 31 stores last year, even as it grew its presence overall: Here’s where locations shuttered
Five Guys continued to grow its physical footprint last year, but the fast-food burger chain also closed 31 U.S. stores in multiple states, according to its most recent franchise disclosure document. The document, issued in late June, reveals that Five Guys operated 1,583…
Five Guys continued to grow its physical footprint last year, but the fast-food burger chain also closed 31 U.S. stores in multiple states, according to its most recent franchise disclosure document. The document, issued in late June, reveals that Five Guys operated 1,583…
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Why it matters
Five Guys closing 31 stores amid overall growth is routine business activity with limited credit-market impact and no broader systemic or structural implications.
Sources
Fast Company
Five Guys closed 31 stores last year, even as it grew its presence overall: Here’s where locations shuttered
Five Guys continued to grow its physical footprint last year, but the fast-food burger chain also closed 31 U.S. stores in multiple states, according to its most recent franchise disclosure document. The document, issued in late June, reveals that Five Guys operated 1,583…