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Originally Posted by new kid in town
Anybody got news on the Five Guys rumor in Retail Talk?
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I saw it, but, there is really nothing new there that we didn't already know 4-5 years ago.
Five Guys is committed to the Moncton market. When they first set up on the east coast, they wanted locations in Halifax, Moncton and St. John's (NL). Moncton is still waiting.
The issue in Moncton is that most of the major plazas already have burger joints with restrictive covenants preventing any new burger restaurants from setting up shop. Five Guys has yet to find a suitable location.
Personally, I don't knw why they haven't set up in the Petitcodiac or Champlain plazas across from CF Champlain. I don't think there is anything stopping them from going there. Another possibility is the new Dieppe Blvd plaza where the new Shoppers is, and where Superstore is going.
In any event, Dieppe would be the safer option, given that Big League (which is a Five Guys clone) has locked up the northwest end.