NASDAQ, 11.21.13
The Cheesecake Factory Inc. ( CAKE ), one of the most recognized upscale casual dining restaurant in the U.S. operating since 1972, has been on an expansion spree for quite some time. With the resurgence of consumer confidence, management plans to unveil another nine units in 2013 on the national front.
The restaurateur recently unveiled the third restaurant in San Diego, California. The 9,780 square-feet restaurant, located in The Headquarters at Seaport District, can accommodate around 270 diners at a time.