Cheesecake Factory won't pay April rent as coronavirus hurts restaurants

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The national chain's decision to withhold payments comes as the company's dining rooms remain temporarily closed due to the COVID-19 pandemic.

The Cheesecake Factory is expected to skip April rent payments at its restaurants in a bid to shore up its finances as the coronavirus rages on., comes as the company's dining rooms remain temporarily closed due to the COVID-19 pandemic.

"We have very strong, longstanding relationships with our landlords," The Cheesecake Factory said in a statement."We are certain that with their partnership, we will be able to work together to weather this storm in the appropriate manner." Most locations of The Cheesecake Factory are still open for takeout and delivery. The company said on Monday that it was able to"operate sustainably at present under this model."

 

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Theirs? Fuck you Cheesecake , I will never set foot inside again.

The second the stay in place orders started coming in, these assholes couldn't tell the landlords fast enough that they weren't paying rent, now, laying off a lot of workers AND the CEO and other corporate scumbags are only taking a 20% paycut while other CEOs are foregoing

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