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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.
Do you remember any other TGI Fridays locations on the Treasure Coast?
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,...
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.
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 ...
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.
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 ...
Nearly 50 locations of TGI Fridays abruptly closed within the past week, an ominous sign for the chain as a reported bankruptcy looms.