Cheesecake Factory Is On a Rent Strike

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Cheesecake Factory Is On a Rent Strike
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It appears the Cheesecake Factory is first in the revolution, having pretty much declared they’re going on a rent strike in April.

Cheesecake Factory is first in the revolution, having pretty much declared they’re going on a rent strike in April.storefronts nationwide that it won’t be paying rent on April 1.

Cheesecake Factory’s taken a hard hit thanks to social distance measures implemented in many states across the country, having closed several dozen locations and lost 50 percent of its stock worth since the coronavirus pandemic hit the United States.’s rent in a letter, which Eater published in full. Here’s a segment:comply with emergency governmental restrictions. In some locations we are onlyclose. This situation is unprecedented and rapidly evolving.

to evaluate the implications of this situation on our business and we realize the impact this action will have on our landlords. We appreciate our landlords’

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