How the Cheesecake Factory defied the restaurant industry’s rules of success

Re:How the Cheesecake Factory defied the restaurant industry... by fbdab103 on Friday July 28, 2023 @12:06AM (#36903018)

This was way too engaging. Has there ever been a more recent follow-up with updated numbers?

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Re:How the Cheesecake Factory defied the restaurant industry... by lotsofpulp on Friday July 28, 2023 @09:05AM (#36906202)

I imagine it would be the same situation. I am not sure what the purpose of this presentation was anyway, Costco was never in any danger from Amazon. They are in two completely different markets.

The cost of energy and labor to deliver big, heavy goods to an individual's house is obviously more than the cost for individuals to go to a giant store and get it themselves.

If Amazon had opened a store like Costco selling bulk goods, then it might have made sense.

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Re:How the Cheesecake Factory defied the restaurant industry... by MSD1976 on Friday July 28, 2023 @04:26PM (#36912822)

Costco stock dropped 10% when AMZN bought Whole Foods: https://money.com/amazon-whole-foods-costco-wal-mart/

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Re:How the Cheesecake Factory defied the restaurant industry... by ProjectArcturis on Friday July 28, 2023 @09:45AM (#36906682)

Costco's profit was $2.7B when this was written. It was $6B over the last year.

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