A Tennessee mall restaurant now makes a painful closure with diners blaming a decline in foot traffic to its location.
The Cheesecake Factory has officially closed one of its popular mall locations just weeks before closing another restaurant.
As a result, a total of 154 workers will lose their jobs with the restaurant’s closure.
The Cheesecake Factory at the Wolfchase Galleria shopping mall officially closed on July 14, a restaurant manager shared with local CBS affiliate WREG-TV.
“After extensive review and analysis, the company made the difficult decision to discontinue operation of our restaurant in Memphis.
Our last day of service will be July 14, 2024,” the company shared in a statement.
“We have enjoyed being a part of the Memphis community over the last nine years and would like to thank our guests for their patronage.”
Fans of the American chain were disheartened by the news, sharing their grievances on Facebook.
“This is sad…. Memphis is just in shambles,” said Cheesecake Factory customer Kierria Jones.
She attributed the closure to the mall’s decline, comparing it to a “flea market.”
Other Memphis residents on Reddit commented on the state of the Wolfchase Galleria, which opened in 2015.
“It’s definitely been going downhill, but I think it will hold on to its last breath as a zombie for maybe another decade,” said one shopper.
Another local noted that the mall rented out the parking lot for truck parking, bounce houses, and different vendors as it “scrambled for ANY source of revenue.”
The manager of the Tennessee Cheesecake Factory did not offer details on why the restaurant was closing.
They did note, however, that employees were informed just weeks before it closed its doors for good.
The news came as a shock to the employees, especially considering that The Cheesecake Factory is currently in a growth phase with plans to open numerous restaurants this year.
In May, the chain announced it had opened five US locations in the first quarter of 2024.
The Cheesecake Factory also shared that it expects to open up to 22 new locations this year.
However, The Cheesecake Factory location at the mall in Chesterfield, Missouri – 25 miles from St. Louis – will shutter on August 18, per Fox 2.
The restaurant’s lease expires officially on August 31 but will close down beforehand in preparation for the mall’s demolition.
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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois
Other Economy News Today
A beloved grocery chain now confirms unexpected closures across the Northeast taking place by the end of the year.
Grocery chain Stop & Shop has announced that a total of 32 underperforming locations will shutter in the U.S.
The company said the select stores across the Northeast will be closed before the end of the year.
Stores in New Jersey, Massachusetts, New York, Connecticut, and Rhode Island will close by November 2.
In May, the company announced the coming store closures.
“Stop & Shop has evaluated its overall store portfolio and made the difficult decision to close underperforming stores to create a healthy base for the future growth of our brand,” company president Gordon Reid said, per a July 12 press release.
The company’s president added that the closures were essential “to create a healthy base for the future growth of our brand.”
Fortunately, employees will be offered other positions within the company, according to a press release.
The grocery outlet first opened in 2014 and currently has around 400 stores and 60,000 employees, per Fox affiliate KRLD.
Stop & Shop is owned by Ahold Delhaize which also owns Food Lion, Giant Food, and Hannaford.
Which grocery stores are closing?
In New Jersey, 10 locations will close, while only seven will close in New York.
Rhode Island will see two closures and Massachusetts, the home of the first location, will be closing eight.
Five stores will also be closing in Connecticut.
As other chains such as Walmart and Amazon join the grocery business, it has pushed traditional grocery stores out of view, reports The-Sun.
Stop & Shop hopes the closure of underperforming stores will create “future growth” for the company.
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