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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 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.
TGI Fridays is continuing with its plan of closing over 30 underperforming locations this year in an attempt to accomplish its ongoing growth strategy. The decision came to light amid Chapter 11 ...
TGI Fridays isn't alone either — other restaurant chains that have recently filed for bankruptcy include Red Lobster, Ruby Tuesday's, and Sbarro. Though many are hoping for a rebound with ...
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 Franchisor, LLC, doing business as TGI Fridays, [a] is an American casual dining restaurant chain focusing primarily on American cuisine. [8] The restaurant's name stands for "Thank God It's Friday". [9] TGI Fridays operates over 600 locations in 55 countries, [2] [3] including 124 in the United States. [4]
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 ...
TGI Fridays said it shuttered 36 “underperforming locations” as part of a larger “long-term growth strategy” to revitalize the brand.