The Cheesecake Factory Incorporated today announced the opening of
its 13th Grand Lux Cafe at The Shoppes at the Palazzo
located in The Palazzo Resort-Hotel-Casino in Las Vegas, Nevada. The retail
bakery portion of the restaurant opened on December 30, 2007 in conjunction with
the opening of The Palazzo casino. The full restaurant is expected to open on
January 5, 2008 in conjunction with the planned opening of The Palazzo hotel
tower. The restaurant contains approximately 17,300 square feet and 400 seats.
“This opening marks our 21st
new restaurant opened in fiscal 2007, in-line with our targeted development goal
for the year,” said David Overton, Chairman and CEO.
About The Cheesecake Factory Incorporated
The Cheesecake Factory Incorporated created the upscale casual dining segment
in 1978 with the introduction of its namesake concept and continues to define it
today with the two highest productivity concepts in the industry. The Company
operates 139 restaurants throughout the U.S. under The Cheesecake Factory® name with an extensive menu of more than 200 items and
average annual unit sales of approximately $10.6 million. Grand Lux Cafe®, the Company’s second concept, has
13 units in operation across the U.S. offering a broad menu of more than 150
items and average annual unit sales of approximately $12.6 million. The Company
also operates two bakery production facilities in Calabasas Hills, CA and Rocky
Mount, NC that produce over 50 varieties of quality cheesecakes and other baked
products. Additionally, the Company operates one self-service, limited menu
express foodservice operation and licenses two bakery cafe outlets to another
foodservice operator. For more information, please visit
thecheesecakefactory.com.