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Stock impact report

Say goodbye to Ruby Tuesday and Chili's. These are the hot new restaurants at the mall [CNN]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: CNN
Over the last few decades, malls became the town center of many American communities. But the pandemic, over-building and a move by consumers toward discount and online shopping changed all that. As anchor department stores left malls, so did some name-brand chains like Ruby Tuesday, Chili's, Applebee's and others. What's taking their place illustrates a large shift in US tastes: There's a boom in smaller and regional restaurant chains with a local following. Plus a much wider menu of global cuisines. Ad Feedback Landlords are counting on emerging restaurant brands like Lazy Dog, Gen Korean BBQ and Postino Wine Café to draw customers back to malls. So-called “eatertainment” concepts such as Puttshack and Topgolf, which can extend the amount of time people spend in a mall, are expanding. One fast-growing chain targeted to families, Kura Revolving Sushi Bar, delivers plates to diners on conveyer belts as rolling robots serve drinks. Tableside monitors offer games, cartoons and to Show less Read more
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