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Do I have your legal department to thank? If Applebee's intends to rest on the fact that private business has the right to enact such a policy, it will do it at the peril of it's margins.
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In reality, the financial hit they
might take will be so small as to be unnoticeable. It's an empty threat.
How do I know? I had the same situation with a chain in my hometown that banned carry about two years ago. It was fairly well publicized. As far as I can tell, they're still in business, and not hurting enough to reconsider.
I tried talking to someone at the corporate office at the time, but the chest-beaters had gotten to them first, and the litany of verbal and written abuse had worn them down to the point that they were uninterested in any dialogue on the matter.
If the opportunity still exists in Ohio, it might be worth sitting down in person with someone from Applebee's and talking to them.
Otherwise, their business, their call.