Cheesecake Factory won’t make April rent because of coronavirus restrictions

Discussion in 'Wall St. News' started by dealmaker, Mar 26, 2020.

  1. Turveyd

    Turveyd

    You can see the fear, people don't want to go near people this damage is going to take years to undo for some / most so anything involving crowed places and especially food are screwed.
     
    #11     Mar 26, 2020
    KCalhoun likes this.
  2. And people believe that the market will be right back to where it was in a month ago!! Haha
     
    #12     Mar 26, 2020
    KCalhoun likes this.
  3. bone

    bone

    $16 for a pasta entree and $10 for a few sliders on a plate appetizer. Their expenses must be atrocious. Oh, the humanity.

    Oh, wait. The Cheesecake Factory made payments of $88M and $308M to Sam Fox in 2019, and now six months after that deal closed they’re going to skip out on RENT PAYMENTS?

    To summarize, Cheesecake Factory just spent $441M in 2019 to acquire another restauranteur - so now they’re bitchin about not being able to make rent ? :p:finger:

    https://www.google.com/amp/s/www.re...ne-cheesecake-factory-embarks-new-growth-plan
     
    Last edited: Mar 26, 2020
    #13     Mar 26, 2020
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  4. wrbtrader

    wrbtrader

    You do realize the contradiction in your statement ?

    Seriously, how did you hear about something that's been talked about since January if "nobody" is reporting on it ?

    :rolleyes:

    Most of the news I've been hearing about is stimulus packages, not enough medical equipment, FEDs unlimited printing money power, locked in, depression, increased anxiety and even suicides including increasing 911 calls by those already with mental illness.

    It's on social media, TV news including financial networks and world leaders are warning about such including President Trump. Heck, even the medical systems are currently overwhelmed and asking for nurses / doctors / medical staff recently retired from their jobs to return back to work...they're being offered bonuses if they return to work.

    Thus, if you truly feel like "nobody will report on it" is ludicrous considering its already being reported.

    wrbtrader
     
    #14     Mar 26, 2020
  5. Turveyd

    Turveyd

    Haven't seen it reports anywhere yet, but I've got a mate who works for the NHS, 3 suicides last 24hours in this area, which is more than typical being 0.5 so every other day.
     
    #15     Mar 26, 2020
  6. 30 minute wait on a weekday and they don't have the cash to cover rent after two weeks of shutdown? Wow.
     
    #16     Mar 26, 2020
    comagnum likes this.
  7. Cuddles

    Cuddles

    Nobody kills themselves after a 2wk unpaid vacation, and if they do, we're better off protecting the genes of old people
     
    #17     Mar 26, 2020
    Overnight likes this.
  8. volpri

    volpri

    Are such people living in a cave estranged from reality.
     
    #18     Mar 26, 2020
    KCalhoun likes this.
  9. KCalhoun

    KCalhoun

    But they do make ok cheesecake. Best in the world is Junior's in NYC.

    There's gotta be a joke in this story. Govt bailout, "order to go so we can pay our rent " :p
     
    #19     Mar 26, 2020
    Overnight likes this.
  10. Overnight

    Overnight

    Fuckin A' Brooklyn!!!
     
    #20     Mar 26, 2020
    KCalhoun likes this.