TGI Fridays is closing 36 restaurants amid Chapter 11 bankruptcy proceedings.. Learn what’s next for the iconic brand ...
Things aren’t looking peachy for TGI Friday’s as a whole. The brand is currently trying to emerge from Chapter 11 bankruptcy, ...
NEW YORK, Jan 2 (Reuters) - Bankrupt restaurant chain TGI Fridays received court approval on Thursday to sell nine of its 39 corporate-owned locations, raising $34.5 million to repay its creditors.
TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection after ...
Former TGI Fridays CEO Ray Blanchette will take over management of TGI Fridays’ remaining restaurants as the company works on its bankruptcy protection, the Wall Street Journal reported Thursday.
However, according to Eat This, Not That!, the chain is still “on the brink of total collapse” months later: Nearly 40 ...
DALLAS — Dallas-based TGI Friday's has reached a deal to sell its locations at DFW Airport and a few other corporate-owned locations in Maryland to restaurant operator Mera Corp. for $34.5 ...
Restaurants generally did not have a very good 2024. Some forecasts suggest 2025 could be just as bad, or worse. Red Lobster and TGI Fridays are just a couple of the chains that struggled last year.
The chain that spread happy hour and family dining across America has unpaid bills and a vacant headquarters. One restaurant owner sees a revival plan. This fall, the TGI Fridays chief financial ...
TGI Friday’s and lawyers representing Sugarland Hospitality didn’t immediately return messages seeking comment. The case is TGI Friday’s Inc., number 24-80069, in the US Bankruptcy Court for ...