Friday, December 6, 2024

Simon Property Group (SPG) owned Keystone Mall, "Beginning of the End" with Saks 5th Avenue leaving..affecting adjoining Cheesecake Factory

Keystone Mall's anchor high-end store Saks 5th Avenue leaving July 2024, is indicator of "Beginning of the End. Possibly spillover, with the next-door Cheesecake Factory.


NY Post article on correlation between Cheesecake Factory & mall-success. I.e. CF chooses "successful" malls..

https://www.reddit.com/r/deadmalls/comments/18z88c7/what_actually_are_the_signs_of_a_dying_mall


Cheesecake Factory just lost *valued* foot-traffic, from  next-door (now closed) Saks 5th Avenue..

Now what??

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