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Cheesecake Factory

Financing

Roark Capital buys a piece of Cheesecake Factory

 By Peter Romeo on Apr. 20, 2020

The private-equity firm, which owns Arby's and Buffalo Wild Wings, has acquired 200,000 shares of preferred stock for $200 million.

Operations

Is Cheesecake Factory making it?

 By Peter Romeo on Apr. 06, 2020

Per-unit sales are running at about a third of the volume of pre-COVID-19 days, but that's still $3 million in annual per-store revenues. And costs have been aggressively cut.

Operations

Cheesecake says off-premise sales could hit $3M per unit

By Peter Romeo on Apr. 03, 2020

Takeout and delivery business recently jumped 85%, but comps for March fell 46%.

Workforce

Cheesecake Factory furloughs 41,000, cuts executive pay 20%

By Peter Romeo on Mar. 27, 2020

The company said it is negotiating with landlords for a break on rent for the duration of the COVID-19 crisis.

Operations

Cheesecake Factory halts rent payments

By Peter Romeo on Mar. 26, 2020

Landlords have been alerted by letter that restaurants will stop payments beginning with their April obligations.

Financing

Cheesecake Factory says it’s making it through off-premise

By Peter Romeo on Mar. 23, 2020

But conditions forced the temporary closure of 27 properties, the company said.

Operations

Cheesecake Factory starts taking reservations

By Peter Romeo on Feb. 20, 2020

Tables will be set aside on a limited basis for prebookings, a move intended to draw more convenience-driven patrons.

Workforce

What are the best foodservice places to work?

By Peter Romeo on Feb. 19, 2020

A new ranking shows innkeepers may have a better perception within the workforce than most restaurant operations do.

Operations

The restaurant industry’s top news developments of 2019

By Peter Romeo on Dec. 17, 2019

Here's a look back at the events that shaped the business, possibly for years to come.

Financing

Cheesecake Factory leverages Fox deal for better delivery terms

By Peter Romeo on Oct. 30, 2019

The company also said a TV test proved better than expected.

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