It is indeed difficult to mourn the demise of two lousy restaurant chains that marketed lousy food and pathetic atmosphere as a good time.Let’s keep our fingers crossed for the demise of TGI Friday’s, Applebee’s, Chilli’s and the like. Could this effect an improvement in the average national diet? Will Metromedia Restaurant Group, the owner of the two chains, elect to erect better restaurants in their place, should the market for mid-price restaurants recover?
One thing is absolutely certain. This collapse could not possibly be the consequence of a struggling economy.