Memphis Chain Restaurants: Hello Panera, Adios Steak & Ale?

I'm not a fan of chain restaurants, but I thought I would share some local news regarding this industry. First, Panera Bread has finally arrived in the Mid-South. The first Memphis area location will be in Cordova in the Trinity Common's strip mall. It was also announced today that Chick-fil-a will be opening a location on Union in Midtown.

On a not so positive note, it is rumored that East Memphis' Steak & Ale will be shutting its doors as a result of its parent company's bankruptcy filing.