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TGI Friday's Franchises Fret a Run on $50 Million in Gift Cards

By Yahoo! Finance   |   Nov 4, 2024 at 07:33 PM EST
TGI Friday's Franchises Fret a Run on $50 Million in Gift Cards

TGI Friday's bankruptcy raises concerns about $50 million in unused gift cards. Franchisees worry about being reimbursed if customers redeem them in a surge. The company plans to continue honoring gift cards during bankruptcy to drive sales.

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