Malls are using new restaurants to draw consumers as shopping centers reinvent themselves
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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
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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
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