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Old Nov 19, 2008 | 9:48 am
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mrviognier
 
Join Date: Jul 2008
Location: San Luis Obispo, CA (SBP)
Programs: AA EXP 2M, Delta Flying Col., US Air Gold, Marriott Plat, Hilton Plat, SPG Plat, Hertz Pres.Cir.
Posts: 152
Watch Out for 1st Quarter 09.

Have been all over the U.S. selling vino, and - if there was any doubt - the economy positively sucks. A lot of high-profile restaurants (both independents and chains) are singing the blues...and holding out hope that a strong 4th quarter is gonna save them.

I hope it does, but I've got my doubts.

Makes me think that by March of 09 we'll be hearing about a lot of our favorite restaurants closing their doors or filing BK. Depressing.
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