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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 [update] bowdlerized the phrase as "Thank Goodness It's Friday ...
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 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 ...
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.
It previously closed 36 locations in January. A list of the affected locations has not been released. According to Bloomberg, TGI Fridays is preparing to file for Chapter 11 bankruptcy. Other ...
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 ...
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 ...