OK, yes, in this economy, I don’t relish any business going under.
But still, I think this might be good for the county’s soul:
A new study by AlixPartners, an international business-advisory firm, suggests that up to 40 percent of the nation’s chain restaurants could be fighting for their very survival within the next 12 months.
The startling study reveals that many chains are taking a beating as a result of a combined one-two punch of fewer diners spending less money and massive debt. AlixPartners’ analysts described the plight of the industry as worrisome, citing low-price, quick-service eateries as the lone bright spot.
Four out of ten chain restaurants may go under in the next year? Does that mean that we can say goodbye to bland and “fun” places like TGI Friday’s and Applebee’s in favor of locally-run restaurants serving ethnic and local cuisine that have some heart?
Can we do away with crap like Buffalo chicken tenders, blossoming onions, and fried cheese spooge?
A guy can dream.