this post was submitted on 02 Jan 2025
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Minneapolis - St. Paul Metro

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[–] HauntingScience@programming.dev 9 points 10 months ago (1 children)

TGIF’s quality, the only thing they had going on for them, took a nosedive in the last decade or so. This was meant to happen, it actually lasted longer than what I expected.

Outback Steakhouse is the next one on my list to fill for bankruptcy.

[–] RockaiE@lemmy.world 5 points 10 months ago

owned the brand for 40 years before selling it to a private equity firm in 2014.

Looks like a decade on the dot. Whatever loopholes these equity firms are using to strip these businesses of all value and saddle them with debt, while not being responsible for said debt needs to be closed. They'll sell out your entire town to make a buck and not give a damn what it does to you.

[–] Jimmycakes@lemmy.world 3 points 10 months ago* (last edited 10 months ago) (2 children)

Haven't they been going out of or gone out of business for like 20 years. If they wanna make money bottle up the jack Daniel's sauce and sell it at the store

[–] SwingingTheLamp@midwest.social 1 points 10 months ago

They already do.

[–] m_f@midwest.social 1 points 10 months ago

They closed down a location near me that's been open for quite a while, so it seems like this might be different