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TGI Fridays Franchisor, LLC, doing business as TGI Fridays, [a] is an American casual dining restaurant chain focusing primarily on American cuisine. [8] The restaurant's founder said the name stood for "Thank God It's Friday", although the chain's television commercials as of 2010 bowdlerized the phrase as "Thank Goodness It's Friday". [9]
It was the world's largest TGI Fridays franchisee. [ 5 ] In June 2006, The Briad Group made a major investment in its casual-dining division by striking a $119 million deal to acquire Main Street Restaurant Group, Inc. — a publicly traded company — through its wholly owned subsidiary , Briad Main Street, Inc.
The longer one: chains like Pizza Hut and TGI Fridays are up against a triple threat of soaring costs, shifting tastes and an economic climate that makes dining out feel about as sensible as ...
TGI Fridays “will likely use Chapter 11 to seek a buyer for some portion of its business, to reject leases for unprofitable locations and to restructure its debt so it can emerge from bankruptcy ...
The first TGI Fridays location opened in Manhattan, New York, in 1965. In January, TGI Fridays closed 36 "underperforming" locations in 12 states, including in Massachusetts and New Jersey.
(NEXSTAR) — TGI Fridays has closed nearly 50 stores in the U.S. as reports that the chain may become the latest to file for bankruptcy grow. Multiple outlets reported a notable change on the ...