TGI Fridays, a popular casual dining chain, has announced that it will be closing thirty-six of its underperforming locations throughout the United States. This news comes as a surprise to many loyal supporters, as it marks the first time in the company’s history that such drastic action has been taken. The locations identified for closure are those that are no longer a part of “Friday’s long-term vision for profitable growth and success,” says CEO John Antioco. While Antioco acknowledges that this decision was “not easy,” he is confident that it will prove to be the necessary move for the company’s future health and prosperity. The majority of the targeted restaurants are situated in shopping centers and smaller cities. Fortunately, the majority of the employees that will be affected by these closings will be provided with the assistance needed to transition into other job opportunities. This news comes as no surprise to the casual dining industry, which has experienced a decline in sales across the board in recent years. More and more consumers are opting to cook meals at home, eat out less often, and spend less on those occasions when they do dine out. It is unfortunate that companies like TGI Fridays are suffering due to this trend, but as Antioco states “it is necessary in order to remain true to our commitment to long-term profitability and success.” It is clear that in today’s competitive environment, businesses must stay agile and make the difficult decisions necessary for survival. By announcing the closure of 36 underperforming locations, TGI Fridays is doing just that. This decision serves as a reminder that, even in tough times, there can be a light at the end of the tunnel, so long as one follows the difficult yet necessary path.