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Discussion => General Discussion Forum => Topic started by: soflorattler on March 26, 2020, 06:10:36 AM

Title: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: soflorattler on March 26, 2020, 06:10:36 AM
https://ohnotheydidnt.livejournal.com/117523973.html

How to put yourself out of business 101
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: Maroon and Gray on March 26, 2020, 10:04:10 AM
the restaurant business must operate on razor thin margins.
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: ‘87 Alum on March 26, 2020, 03:14:13 PM
If they only reduced the portion sizes.....I’ve not eaten there in 5-6 years but damn if anyone can devour them portions in one sitting....
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: Jaimac on March 26, 2020, 05:24:51 PM
If they only reduced the portion sizes.....I’ve not eaten there in 5-6 years but damn if anyone can devour them portions in one sitting....

A few years back, I read an article in which company execs talked about the portion sizes. Basically it was only a few cents more to have larger portions. The thought was that it kept customers returning to the establishment and it was worth it to their bottom line.
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: BrotherWiregrass on March 26, 2020, 05:53:30 PM
the restaurant business must operate on razor thin margins.

Grocery stores, too.
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: Maroon and Gray on March 26, 2020, 06:26:00 PM
the restaurant business must operate on razor thin margins.

Grocery stores, too.

you need grocery stores, you don't need cheesecake factory. In other words, customers will continue to show for one but not necessarily for the other.
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: BrotherWiregrass on March 26, 2020, 06:41:20 PM
the restaurant business must operate on razor thin margins.

Grocery stores, too.

you need grocery stores, you don't need cheesecake factory. In other words, customers will continue to show for one but not necessarily for the other.

Quote
Grocery stores have thin profit margin unlike other businesses. There are many reasons like there is a lot of competition in the market and hence the retailers have to keep the margins low to attract the buyers. 


Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: Strike79 on March 26, 2020, 11:26:08 PM
the restaurant business must operate on razor thin margins.

Grocery stores, too.

you need grocery stores, you don't need cheesecake factory. In other words, customers will continue to show for one but not necessarily for the other.
THIS!!!

Additionally, unless I’m actually standing in the kitchen observing food prep, hygiene, etc., I’m not f’ing with the food in ANYONE’s restaurant.  :no:
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: Maroon and Gray on March 27, 2020, 12:04:21 AM
If they only reduced the portion sizes.....I’ve not eaten there in 5-6 years but damn if anyone can devour them portions in one sitting....

A few years back, I read an article in which company execs talked about the portion sizes. Basically it was only a few cents more to have larger portions. The thought was that it kept customers returning to the establishment and it was worth it to their bottom line.

With thin margins, wouldn't those 'cents' add up?

My side note, they can KEEP their cheesecake. It looks good, but it ain't NY cheesecake which is firm, not soft.
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: TSU/BAMA on March 27, 2020, 01:00:35 AM
If they only reduced the portion sizes.....I’ve not eaten there in 5-6 years but damn if anyone can devour them portions in one sitting....

A few years back, I read an article in which company execs talked about the portion sizes. Basically it was only a few cents more to have larger portions. The thought was that it kept customers returning to the establishment and it was worth it to their bottom line.

With thin margins, wouldn't those 'cents' add up?

My side note, they can KEEP their cheesecake. It looks good, but it ain't NY cheesecake which is firm, not soft.

My side note, I hate NY cheesecakes. I like soft cheesecakes.  :lol:
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: Strike79 on March 27, 2020, 06:32:57 AM
???^^^uhhhh, if this thread is going to now morph into a conversation about the quality of cheesecake, then I gotta go with my man, M&G^^^. I like my cheesecake “firm” with just a tad of strawberry topping.

Sorry, but “soft” cheesecake is garbage. 👎
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: soflorattler on March 27, 2020, 07:53:18 AM
 :lol: :lol:
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: ‘87 Alum on March 27, 2020, 08:26:33 AM
I am now wondering if they are doing this as a preemptive socialist strategy to file for bankruptcy protection....since our govt leaders are now all socialists....
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: Bison 4 Life on March 27, 2020, 09:33:54 AM
Restaurants are more about real estate than food. Learned that from reading the creators of McDonalds biography .
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: Capler on March 27, 2020, 07:59:09 PM
So we ll can call up the bank and tell them we are not paying our mortgage?
Title: Re: The Cheesecake Factory tells landlords it will not be paying rents on April 1
Post by: klg14 on March 27, 2020, 08:20:15 PM
Restaurants are more about real estate than food. Learned that from reading the creators of McDonalds biography .

Yes, McDonalds is really a real estate company.