What Do The Apple Store and Cheesecake Factory Have In Common?

Axios has a story about how one can make a snap judgement about the health of a mall based on the presence of two businesses – the Apple Store and the Cheesecake Factory.

Nobody is surprised by the Apple Store’s impact:  As one analyst says, “People go to the mall to go to Apple. They don’t go to a mall and end up at Apple.”

But Cheesecake Factory?  

According to Axios, “About 93% of loans backed by malls with a Cheesecake Factory are current on their payments, compared to around 72% of those without one.”

KC’s View:

I have no explanation for this.  My feeling always has been that the Cheesecake Factory’s menu is way too big to be anything other than mediocre at everything.  But I suppose for some folks, the plethora of choices is reassuring.

The post What Do The Apple Store and Cheesecake Factory Have In Common? appeared first on MNB.

MorningNewsBeat Member since October 25, 2020

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For more than 30 years, Kevin Coupe has been bringing to readers and audiences a wealth of experience, sharp storytelling skills, provocative and contextual insights, unique worldview and serious levity about the world of business and consumers. https://morningnewsbeat.com

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