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The recent closures of Red Lobster and TGI Fridays locations have sparked concerns within the restaurant industry, as both chains face challenges due to shifting consumer preferences and economic pressures. Red Lobster, once a dominant seafood restaurant, and TGI Fridays, known for its casual dining experience, have struggled to maintain their foothold amid competition from fast-casual eateries and changing dining habits. These closures are part of broader trends in the industry, where legacy chains must adapt to new consumer demands, such as healthier menu options and enhanced delivery services, in order to stay relevant and financially viable.