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☆ Say goodbye to Ruby Tuesday and Chili’s. These are the hot new restaurants at the mall
▼ + stars: | 2024-04-28 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +5 min

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. At the same time, many national chains are prioritizing drive-thru locations over their sit-down restaurants in malls. Chick-fil-A restaurants were only located in mall food courts for the company’s first 20 years. “Traditional mall restaurants were casual dining chains like Chili’s, TGI Fridays, and quick-service restaurants in food courts.

Persons: Ruby, What’s, Paul Hennessy, ”, Chris Simms, Simms, Gabby Jones, Mark Hunter, CBRE, RJ Hottovy, ” Hottovy, David Kim, ” Kim, It’s Organizations: New, New York CNN, Anadolu Agency, Getty, “, Food, JCPenney, Nordstrom, Green, Westfield Garden, Bloomberg, Deloitte, NV Locations: New York, Applebee’s, Orlando , Florida, Paramus , New Jersey, United States, Greenbriar, Atlanta, Korean, Henderson

☆ Chick-fil-A's first-ever restaurant — a 56-year-old location in an Atlanta mall — is closing
▼ + stars: | 2023-05-19 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Chick-fil-A's oldest restaurant is closing on Sunday after 56 years of operation, The Atlanta Journal-Constitution reported. The restaurant in Greenbriar Mall, Atlanta, first opened in 1967 and sold chicken sandwiches for $0.59. "At the time, the concept of a shopping mall restaurant was groundbreaking," Chick-fil-A says in a history of the Greenbriar Mall store, describing it as a "pioneer in the modern-day food court." The restaurant later relocated to a larger spot in the mall. Chick-fil-A's first free-standing restaurant didn't open until nearly two decades later in North Druid Hills, northeast Atlanta.

☆ Chick-fil-A’s first-ever restaurant is closing
▼ + stars: | 2023-05-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Chick-fil-A’s first-ever restaurant is closing after more than a half-century in business. Opened in 1967, the Greenbriar Mall food court location in Atlanta is set to close on Saturday, according to local reports. It’s unclear why the restaurant is closing and Chick-fil-A didn’t immediately return CNN’s request for comment. In 1997, a plaque was installed at the mall restaurant to celebrate its 40th anniversary and celebrate how the company pioneered in-mall dining. Its success led him to evolve the restaurant into the Chick-fil-A chain, and some consider that to be the first Chick-fil-A location.

A once-bustling logistics mergers-and-acquisitions market is quieting down as slipping freight demand and higher borrowing costs dampen deal making in the sector. Company valuations are moderating in a softening freight market and rising borrowing costs are making deals tougher to complete. The market for freight and logistics companies surged during the pandemic as retailers sought to rush goods to consumers, fueling strong growth in shipping demand, higher freight rates and record profits for companies ranging from regional truck operators to international freight forwarders. Foreign-based ocean carriers and freight forwarders have also shown great interest in the U.S. logistics market as they seek to expand their end-to-end supply-chain services. But logistics companies looking to expand their reach and private-equity firms looking to expand existing logistics portfolios are still hunting deals.

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