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Friday, May 20, 2022

Cheesecake Opens First Restaurant in Canada

Cheesecake Factory opened a restaurant outside Toronto, the Calabasas company’s first outlet in Canada, the company announced Tuesday. The restaurant at the 3401 Dufferin St. in North York, Ontario features imported limestone floors, custom mosaic tile columns and hand painted murals. The company has 197 restaurants under the Cheesecake brand. “The Cheesecake Factory’s opening provides exciting new choices for shoppers and area residents,” the company said in a statement. Shares of Cheesecake (CAKE) closed Wednesday down 29 cents, or less than a percent, to $44.92 on the Nasdaq.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

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