Closing a business isn't easy. However. it's part of a market economy; the stuff that doesn't work shuts down, resources then can shift to the stuff that does work financially. "Creative destruction" is the term coined by Joseph Shumpeter to describe that process.
However, employees are part of those resources getting shifted. The cold mesoeconomics in the textbook translates to being laid off when applied on a personal scale; getting shifted feels like getting shafted. Bigger businesses are supposed to give warnings of a closing to employees by law, but smaller businesses aren't covered, and there are some loopholes even for the beeg boys.
This story out of Mobile showed up on the FB trendy box, where a Cheddar's restaurant packed it in without warning.
Cheddar's on Airport Boulevard posted the signs Monday morning, to the surprise of all employees.
Employees tell Local 15 News everything seemed normal Sunday night at work, but Monday morning they got an email from corporate saying that effective immediately, Cheddar's is ceasing its operations at the Mobile location.
I recall going to the Cheddar's in Lexington; it was a nice sit-down restaurant in that "casual dining" bucket. However, restaurants are a rather competitive marketplace; a trip past most mall quadrants can point to a restaurant or two that used to be there. In Midland, Chi-Chis is now Buffalo Wild Wings, Fazolis got replaced by a Panera, and Damons got torn down and replaced by an Olive Garden.
Sometimes, those closures happen without warning. In Lexington, the Don Pablos I used to hit for lunch closed overnight in a similar scenario as the Cheddar's case in Mobile. I remember going there for lunch on a Monday only to see that they had closed up after Sunday night; a Herald-Leader piece I read at the time (search engines aren't getting it for me) noted that the employees didn't even get an e-mail, just a note on the front door. A Chicago-style pizza place went in about a year later in that iteration of creative destruction.
The logic behind not telling employees of the store's pending demise is that it would lead to employees leaving right away, causing the store to close even sooner than planned. It might also cause business in that lame-duck period to dry up; some folks might want to go one more time, but national chains might want to keep up appearances before pulling the plug. Also, restaurants don't have going out of business sales, since they only have a small amount of perishable inventory that doesn't lend itself to selling at 50% off.
However, that's cold logic if you get an e-mail from corporate HQ telling you the store has gone the way of the dodo. Hard-to-avoid logic, but cold nonetheless.