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Cranberry Journal

Thursday, October 29, 2026

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Markets
  • S&P 5007,720.39−0.30%
  • Nasdaq26,184.73−1.38%
  • Dow52,342.56−0.25%
  • 10-yr yield4.99%−1.11%
  • Crude$102.84+0.82%
At the close · Oct 29

Casual Dining

Tagged stories

The cream-coloured frontage of a Cheesecake Factory restaurant with red lettering and white awnings, behind palm trees, hedges and a flowering bougainvillea, below a white apartment building.
Business

The Cheesecake Factory Served 9.5 Per Cent More Guests Last Quarter. At Chipotle, Transactions Rose 0.8 Per Cent.

Comparable sales at The Cheesecake Factory's namesake restaurants rose 15.2 per cent in the third quarter, with traffic up 9.5 per cent, the company said on 27 October. A day later Chipotle reported comparable sales up 2.1 per cent, with transactions up 0.8 per cent. Cheesecake Factory's management says it is too early to tell how lasting its new, younger guests will be.

By Margaret Holloway  

Empty dark leather booths and tables set for service in a restaurant dining room lined with large potted plants and pendant lamps.
Business

True Food Kitchen Raised $100 Million in 2022. It Entered Bankruptcy With Two Weeks of Cash.

True Food Kitchen, the health-food restaurant chain backed by Oprah Winfrey, filed for Chapter 11 on Sunday and closed 12 of its 46 restaurants. It had about $1.6 million of unrestricted cash, enough for roughly two weeks, and $42.1 million of funded debt, including merchant cash advances. The investor that led its $100 million round in 2022 is now lending it $20 million to stay open while it looks for a buyer.

By Thomas Gutierrez