SorcererMickey
April 3rd, 2008, 13:25
Cheesecake Factory pulls out of Downtown Disney
Monday, March 31, 2008 - 11:23 AM PDT
The Cheesecake Factory is closing its restaurant at DisneyQuest in Downtown Disney at Walt Disney World.
The Calabasas Hills-based company says its Cheesecake Factory Express will close in May when its 10-year lease at DisneyQuest expires. The restaurant will lay off its 55 employees, who can apply for positions at other Cheesecake Factory locations.
The restaurant will be replace with FoodQuest, a counter-service eatery owned and operated by Disney.
The Cheesecake Factory Express opened in 1998. Intended to be a prototype restaurant for the company. The Walt Disney Co. (NYSE: DIS) planned to build numerous DisneyQuests, and Cheesecake Factory agreed to operate its express restaurant concept inside each of the multi-story, high-tech arcades.
Although Disney opened a DisneyQuest in Chicago, it closed in 2001. The Orlando location of the Cheesecake Factory Express was a one-of-a-kind facility for the restaurant chain.
The Cheesecake Factory Inc. was founded in 1978 and operates 139 restaurants in the U.S. under the Cheesecake Factory name. The company generated $1.5 billion in revenues in 2007.
Source: http://www.bizjournals.com/losangeles/stories/2008/03/31/daily5.html
Monday, March 31, 2008 - 11:23 AM PDT
The Cheesecake Factory is closing its restaurant at DisneyQuest in Downtown Disney at Walt Disney World.
The Calabasas Hills-based company says its Cheesecake Factory Express will close in May when its 10-year lease at DisneyQuest expires. The restaurant will lay off its 55 employees, who can apply for positions at other Cheesecake Factory locations.
The restaurant will be replace with FoodQuest, a counter-service eatery owned and operated by Disney.
The Cheesecake Factory Express opened in 1998. Intended to be a prototype restaurant for the company. The Walt Disney Co. (NYSE: DIS) planned to build numerous DisneyQuests, and Cheesecake Factory agreed to operate its express restaurant concept inside each of the multi-story, high-tech arcades.
Although Disney opened a DisneyQuest in Chicago, it closed in 2001. The Orlando location of the Cheesecake Factory Express was a one-of-a-kind facility for the restaurant chain.
The Cheesecake Factory Inc. was founded in 1978 and operates 139 restaurants in the U.S. under the Cheesecake Factory name. The company generated $1.5 billion in revenues in 2007.
Source: http://www.bizjournals.com/losangeles/stories/2008/03/31/daily5.html