Definition of 'focal point'. focal point. The focal point of something is the thing that people concentrate on or pay most attention to. ...the focal point for the town's many visitorsâthe Royal Shakespeare Theatre.
Shake Shack. Shake Shack (NYSE: SHAK) is an American fast casual restaurant chain based in New York City. It started out as a food cart inside Madison Square Park in 2004, and its popularity steadily grew.
If the Shake Shack model continues to thrive as the company grows, it could provide fodder for workers and protesters who say fast-food giants can afford to pay their low-wage employees more and still reap huge profits. Shake Shack workers in Manhattan make a starting wage of $10 an hour, according to Shake Shack's filing. Thatâs higher than both New Yorkâs current minimum wage of $8 an hour and the $8.75 an hour that will become the stateâs base wage starting on January 1 -- though it is still less than the $12.75 it takes for a single person to get by in New York City, according to MIT's living wage calculator.