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What’s Macy’s departure mean for The Cheesecake Factory?

Summary by Ground News
Since the retailer owns the building, Macy's exit might spell an end for the oft-ridiculed yet wildly successful restaurant. The Cheesecake Factory has been a San Francisco stalwart for nearly a quarter-century after opening in 2000. In its last quarter, sales totaled $877 million, beating Wall Street estimates and spurring the company to open nine new locations.

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The San Francisco Standard broke the news in on Friday, March 1, 2024.
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