Shake Shack Opens 2 Istanbul Stores as Mall Dining Shifts on the Road to 2027
Two new Shake Shack stores are now open in Istanbul: Koru Florya opened on 30 September 2026 and Kurtköy MRF Cadde on 1 October 2026 (Perakende.org, 6 October 2026). The brand’s first store in Türkiye opened in 2013.
Here is what it means for you. In Istanbul in autumn 2026, eating out is being redistributed between malls, known locally as AVMs, and high streets. According to Perakende Türkiye on 1 October 2026, mall turnover rose 30% in the first eight months of 2026, while food and beverage rose 33%. If you run a restaurant, your competitor on the road to 2027 is not just the shop next door; it is the first search result on your customer’s phone.
Where and when did Shake Shack open its two new Istanbul stores?
The Koru Florya store opened on 30 September 2026 and the Kurtköy MRF Cadde store on 1 October 2026. As “Cadde” (street) in its name suggests, the Kurtköy store is a high-street location, so the brand is using the street as well as the mall.

How does Shake Shack use the licensing model in its global growth?
Outside the US, it grows through licensing. According to Shake Shack’s Q2 2026 shareholder letter, the brand has 703 restaurants worldwide, 297 of them licensed. The letter also lists the Istanbul locations. This is not investment advice.
Why is mall food and beverage spending pulling away from other categories on the road to 2027?
Because shoppers are shifting their budgets from things to experiences. Perakende Türkiye reports mall turnover up 30% in the first eight months of 2026, against average inflation of 31.68% in the same period. Food and beverage at 33% and entertainment at 42% run ahead of overall turnover; fashion at 26% and footwear at 17% fall behind.

Which restaurants do global chain openings in Istanbul affect, and how?
The winners are food businesses that offer an experience and are easy to find. The squeezed side is independent places selling burgers, chicken and desserts on the same street or food court as the new chain. Indirectly affected are mall managers, food suppliers and courier networks.
What does a big chain opening change online for a restaurant operator?
It changes the order in local search. When a new brand opens, map results for searches like “burger near me” get reshuffled. A business with an incomplete profile, old photos or wrong opening hours slips down that list.
What should a mall or high-street restaurant owner prepare this week?
BU BÖLÜMÜN ÖZETİ
- Update your profile this week
- Choose your signature item this week
- Log your first measurement this week
Three things: an up-to-date map profile, one clear signature item and a search ad limited to your area. If you want local search ads set up and measured, we handle that work as part of our Google Ads consulting.
Update your profile this week
Check your opening hours, menu photos and contact details. Reply to recent reviews. Add at least one new photo before the weekend.
Choose your signature item this week
Pick the one item on your menu that sets you apart from the chain, and feature it in your window, your profile and your ads. When everyone sells everything, customers come for one thing. That item’s name should match you in search.
Log your first measurement this week
Write weekly orders, average basket and direction requests from your map profile into one table. Look at the same table again in four weeks. One principle holds: if customers cannot find you when they search, how well you cook never reaches them.

Quick Summary
- Shake Shack opened Koru Florya on 30 September 2026 and Kurtköy MRF Cadde on 1 October 2026 (Perakende.org).
- The brand has 703 restaurants worldwide, 297 of them licensed (Shake Shack Q2 2026 shareholder letter).
- Mall turnover rose 30% and food and beverage 33% in the first eight months of 2026 (Perakende Türkiye, 1 October 2026).
- The first half of 2027 is expected to be tough, with recovery in the second half (Perakende Türkiye).
- For a restaurant operator, the first jobs are the map profile, a signature item and a search ad limited to your area.
Short Glossary
- Licensing model
- Licensing model is the method used by a brand to grow abroad by allowing a local company to operate its restaurants.
- Tenant mix
- Tenant mix is the plan used to decide how many brands from which categories sit in which areas of a mall.
- Sales per square metre
- Sales per square metre is the measure used to track the turnover a space generates for each square metre of floor area.
Frequently Asked Questions
Next Step
If you want to see together where your restaurant stands in local search and on the map, fill in the consult your expert form. You can find more analysis on our retail page, where we interpret the retail agenda for you.
Sources: Perakende.org, 6 October 2026 · Shake Shack Inc. Q2 2026 Shareholder Letter, 5 August 2026 · Perakende Türkiye, 1 October 2026 (mall turnover data)
Updated: October 2026
Sık Sorulan Sorular
The ShackBurger, Chicken Shack, Chicken Bites, fries, lemonade, ice cream and milkshakes form the core of the menu. Seasonal items are added on top. Prices and opening offers are not in the report.
The report calls the store “MRF Cadde”. A different street name appears in other sources, and it has not been confirmed whether the two refer to the same place. We use the report’s name.
No, the report gives neither the total number of stores in Türkiye nor the local operator. Floor area, seating capacity and staff numbers were not disclosed either.
In Q2 2026, 11 licensed restaurants opened and 3 closed, a net gain of 8. Closures are reported alongside openings. Growth in the licensed network moves through both.
The company aims to open 40 to 45 new licensed restaurants in 2026. The letter, however, does not break down openings by country.
A global brand grows on a local partner’s capital and street knowledge. The model raises a question similar to Coffy’s conversion model, which invites independent cafés under its sign.
Visitor numbers are at the same level as a year earlier. So the number of people coming to the mall is not rising; where they spend is changing. Here is the surprise: it is not the crowd that grows, it is the time spent at the table.
The same report expects the first half of 2027 to be harder, with recovery in the second half. Textiles and fashion are named as the most affected areas. Occupancy at successful malls sits in the 95-100% band, and new large-scale mall investment is limited.
When occupancy is high and new malls are few, a good food and beverage unit gains value. Mall managers may give experience brands more room in the tenant mix. That is a forecast, not a certainty, but the data point the same way.
Let’s say you run a burger place a few streets from the new Kurtköy store. It is early evening, your tables are half full, order slips pile up by the till, and everyone walking past carries another brand’s bag. Your customers have not forgotten you; they just see the other name first on their phones. In the first weeks curiosity sends foot traffic there, and your job is to be the second name that comes to mind once the curiosity fades.
In a food court, people decide in seconds. When a known sign moves in next to you and your menu and display are not sharp, customers walk straight past. Putting one signature item up front helps protect your average basket.
As food and beverage pulls in more turnover, a mall’s sales per square metre lean harder on that category. For suppliers, chain contracts are big but heavily negotiated, while independent customers are small but loyal.
Diners often pick a restaurant from the map. Current menu photos, correct hours and fresh reviews make you as visible as a chain’s sign.
Visibility on a delivery platform depends on the platform’s own priorities as much as on your menu layout and delivery time. We looked at how platform-side changes affect restaurant partners in our piece on the leadership change at Yemeksepeti, the Turkish food delivery platform. If you can also take orders on your own website, you are not tied to platform commission alone.
Narrow your ads to the area you actually deliver to or that is within walking distance. A short ad that puts your signature item first works harder in those searches than a budget spread across the whole city.
The source report does not give the total number of stores in Türkiye. What is known is that the first store opened in 2013 and that Koru Florya and Kurtköy are the newest additions.
Update your map profile, put the one item that sets you apart up front and narrow your ads to your immediate area. These three steps make sure you are found in the wave of curiosity too.
There is no definite answer; food spending is ahead of overall turnover, but the first half of 2027 is expected to be tough. This is not advice, so run your rent and revenue numbers with your own figures.
