The company told landlords it can't pay due to the coronavirus pandemic.
Cheesecake Factory said this same climate would make it impossible for the company to pay rent.
“Due to these extraordinary events, I am asking for your patience and, frankly, your help,” Overton wrote, adding that he hoped to begin making rent payments “as soon as reasonably possible.”that the company hopes to lean on its “strong, longstanding relationships” with landlords. “We are certain that with their partnership, we will be able to work together to weather this storm in the appropriate manner,” Clark said.
According to Statista, Cheesecake Factory operates close to 300 locations in the United States and CanadaSome on Twitter hailed the restaurant chain for unexpectedly championing a cause favored by many who are struggling to make ends meet after losing work due to the pandemic:
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