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It seems like TGI Fridays will keep the lights on for the time being. The casual dining chain had to file for Chapter 11 bankruptcy recently. The executive chairman of TGI Fridays, Rohit Manocha,...
About a week ago, news outlets reported the chain was considering bankruptcy. It has since shuttered 50 restaurants, including one in Reynoldsburg.
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 Friday's has faced its fair share of hardships in recent years, leading to mass closures. According to its store locator, just 136 locations remain in the United States as of January 2025.
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.
As fast-casual eateries have dug into TGI Fridays market share, the pandemic caused shutdowns, and customers were leery of eating in a sit down restaurant. TGI Fridays isn't alone either — other ...
Ground Round/Gold Fork saw a stabilization of the company's identity and menu enhancements from a 60-item menu to a 200-item menu. Highlights of the Ground Round turnaround included enhanced employee training, improved management-employee communications, increased margins from 12% to 20% profit, doubled restaurant productivity and reduced the ...
Midway on High, also known as Midway Bar and Restaurant or simply Midway, is a bar located in Columbus, Ohio, adjacent to the main campus of Ohio State University. Directly across the street from the Ohio Union , the High Street bar has been open since 2012 and since its opening has been owned by local firm A&R Creative.