Description: You see them all across the country, in shopping malls and street corners, suburban towns and city centers: zombie restaurants. Many of the undead are part of familiar chains that filed for Chapter 11 bankruptcy protection this year: Friendly’s, Chevys, Sbarro, Perkins. The zombie restaurants, barely bringing in enough cash to cover basic expenses, always seem to be one sizzling fajita or glazed chicken skewer away from a merciful end, but somehow keep hanging on  leaving too many restaurants chasing after scarce dining dollars.
Source: NYTimes.com
Date: 12/27/2011
Questions for discussion:
- How does the industry adjust to the supply and demand for service?
- Do you think any of the chains can be revived?
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