Will 2009 Be a Bad Year for Restaurants?

FlyerTalk member mrviognier cautions to Watch Out for 1st Quarter 09.

This is because the worldwide economy is currently in such bad shape that there is a real possibility that some restaurants might not be able to last through these difficult financial times. Some may even be forced to file for bankruptcy.

Other FlyerTalk members speculate that now many not be a good time to purchase restaurant gift cards for future use.

Are the predictions that dour? Will a strong fourth quarter save some, if not many, restaurants?

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