TGI Fridays' UK operator Hostmore enters administration amid debt woes

By Yahoo! Finance | Sep 19, 2024 at 04:35 AM EST

UK-based Hostmore, operator of TGI Fridays, to file for administration due to debt challenges. Subsidiary Thursdays will continue operations. Efforts to stabilize finances include selling corporate stores. Administrators appointed, impacting 4,500 jobs.

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