Malls are using new restaurants to draw consumers as shopping centers reinvent themselves
Portfolio Pulse from
Mall owners are increasingly incorporating upscale restaurants and food halls to attract consumers, hoping that dining experiences will lead to more shopping. This strategy is part of a broader effort to reinvent shopping centers.
December 19, 2024 | 1:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The Cheesecake Factory (CAKE) could benefit from malls incorporating more upscale dining options, as it aligns with their full-service restaurant model.
As malls focus on upscale dining to attract consumers, The Cheesecake Factory, known for its full-service restaurant model, could see increased demand for its locations within malls.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50