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Nearly 50 locations of TGI Fridays abruptly closed within the past week, an ominous sign for the chain as a reported bankruptcy looms. According to TGI Fridays’ store locator, the chain has 164 ...
The chain’s restaurant locator showed 213 restaurants were open just last week, ... TGI Fridays had 270 U.S. locations at the beginning of the year. It previously closed 36 locations in January.
Restaurant locations owned and operated by third-party entity TGI Fridays Franchisor, LLC will also stay open. According to CNN, TGI Fridays shuttered 50 locations last week before filing for ...
TGI Fridays had 270 locations nationwide at the start of the year, according to CNN. In January, it closed 36 “underperforming” locations throughout the U.S. in order to “focus on ...
At the start of 2024, TGI Fridays had over 270 locations nationwide. After the most recent string of closures in states like New Jersey, Connecticut, Ohio, Texas and New York, only 163 stores ...
The chain peaked in 2008, having 601 restaurants in the US generating $2 billion in revenue. By 2023, sales had fallen to $728 million. [7]In October 2009, Haymarket broke the world record for biggest profit made in any week, throughout TGI Fridays' history, and it has been home to several past winners from the bartenders Olympics, a contest started by Scoggin.
TGI Friday's quietly closed dozens of restaurant locations last week as the chain reportedly prepares to file for bankruptcy protection.. The company's store locater currently lists 164 locations ...
TGI Fridays said it operates 39 company-owned locations and has secured financing to keep the restaurants open during bankruptcy. The bankruptcy will not affect 56 franchised restaurants, which ...