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TGI Fridays said it shuttered 36 “underperforming locations” as part of a larger “long-term growth strategy” to revitalize the brand.
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 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 Fridays released a list of closed restaurants to CNN, which encompasses 12 states. ... the company said last year that total sales were projected to reach $1.6 billion in 2022 with same-store ...
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.
Most TGI Fridays closing are in New Jersey, Massachusetts and New York. A release described the restaurants as underperforming. See the full list.
(NEXSTAR) — TGI Fridays has closed nearly 50 stores in the U.S. as reports that the chain may become the latest to file for bankruptcy grow. Multiple outlets reported a notable change on the ...
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 ...