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Under Blanchette’s leadership, TGI Fridays—known for its warm spinach-and-artichoke dip, chicken strips, and bacon-and-cheese-smothered potato skins—began selling sushi in partnership with ...
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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 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.
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.
As an appetizer in restaurants, potato skins have been around since approximately the 1970s and documented making them as early as 1974. Many restaurants such as TGI Fridays, Prime Rib Restaurant, and R.J. Grunts of Lettuce Entertain You Enterprises have claims to be some of the first restaurants to serve the dish.
TGI Fridays Inc. — the owner and operator of 39 domestic restaurants — filed for Chapter 11 bankruptcy on Nov. 2 as a strategic move to address financial burdens caused by pandemic-driven ...
TGI Fridays released a list of closed restaurants to CNN, which encompasses 12 states. New Jersey has the most locations closed with seven, followed by six in Massachusetts and five in New York ...