Malls are using new restaurants to draw consumers as shopping centers reinvent themselves [CNBC]
The Cheesecake Factory Incorporated (CAKE)
Last the cheesecake factory incorporated earnings: 2/19 04:15 pm
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Source: CNBC
Malls are supplementing food court mainstays with more upscale, full-service restaurants, plus introducing food halls catered by local vendors. Some large national chains, like the Cheesecake Factory, Chick-fil-A and Panda Express, are still winning over both customers and mall landlords, despite the shift. Editor's note: This is the third story in a three-part CNBC series about the future of U.S. shopping malls, as developers transform the spaces to add new retailers, experiences and even apartments. Read the first and second parts. Malls used to be the destination for the buzziest stores. Now they're home to the hottest restaurants. The slow death of department stores and rise of online shopping have hurt U.S. shopping malls, particularly over the last decade. The once-essential shopping centers have seen their numbers drop from a peak of 2,500 in the 1980s to roughly 700 these days, according to Coresight Research. But now many in the retail industry say that rumors of t
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News
- TEAMSTERS AT SYSCO HOUSTON AUTHORIZE STRIKE [Yahoo! Finance]Yahoo! Finance
- Malls are using new restaurants to draw consumers as shopping centers reinvent themselves [MSNBC.com]MSNBC.com
- The Cheesecake Factory Incorporated (NASDAQ: CAKE) had its price target raised by analysts at Jefferies Financial Group Inc. from $49.00 to $58.00. They now have a "buy" rating on the stock.MarketBeat
- The Cheesecake Factory Incorporated (NASDAQ: CAKE) had its price target raised by analysts at Raymond James from $51.00 to $56.00. They now have an "outperform" rating on the stock.MarketBeat
- Turning Point: A Breakfast And Lunch Chain About To Spurt [Forbes]Forbes
CAKE
Earnings
- 10/29/24 - Beat
CAKE
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 144
- 11/8/24 - Form 4
- CAKE's page on the SEC website