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TGI Fridays is closing 36 "underperforming" locations across the U.S. as part of a broader restructuring. The fast-casual eatery said in a release late Wednesday that it is offering at least 1,000 ...
The company had more than 270 locations worldwide before the closures. Now, there are a little more than 160 TGI Fridays locations across the country and internationally that are currently open ...
TGI Friday's at the time said the move was part of its "ongoing growth strategy." TFI Friday's did not immediately respond to CBS MoneyWatch's request for comment on last week's restaurant closures.
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 ...
TGI Fridays abruptly closed 36 “underperforming” locations across the country, located in "select markets across the U.S." See the list of restaurant closures.
TGI Fridays has closed 50 locations this year, according to Restaurant Business, and this month alone, restaurants in Charlotte, North Carolina; Charleston, South Carolina; ...
That accounts for more than 80% of the total workers impacted by the closures, TGI Fridays said. The news of these closures comes after a few tumultuous years for the chain.
TGI Fridays has been quietly downsizing, with dozens of locations closing in 2024 alone. Just last week, 50 more restaurants were shuttered, bringing the U.S. count down to 163 from 270 at the ...