Latest News of TGI
TGI Fridays Malaysia continues normal operations after US Chapter 11 filing
TGI Fridays Malaysia assures customers of uninterrupted operations despite the US Chapter 11 bankruptcy filing. The global franchise restaurants, including those in Malaysia, are not affected and cont...
TGI Fridays bankruptcy: Concerns about nearly $50 million in unused gift cards
TGI Friday's bankruptcy filing puts $50 million in gift cards at risk. Customers are advised to use them soon. Franchisees worry about honoring cards without reimbursement. Increased competition and m...
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 gif...
-
TGI Fridays bankruptcy: Are more locations closing? Here's what we know so far
By USA Today | 3 days agoTGI Fridays filed for Chapter 11 bankruptcy protection due to financial challenges from the pandemic. Despite closing some locations, many remain open as the company restructures to support franchisee...
-
TGI Fridays Files for Chapter 11 Bankruptcy
By The New York Times | 5 days agoTGI Fridays filed for Chapter 11 bankruptcy protection to restructure and ensure long-term viability amidst financial challenges worsened by the Covid-19 pandemic. The company's restaurants will remai...
-
TGI Fridays files for bankruptcy protection
By Yahoo! Finance | 5 days agoTGI Fridays has filed for bankruptcy protection, planning to restructure under Chapter 11 to ensure long-term brand viability. The company cites financial challenges from COVID-19 and aims to protect ...
-
TGI Fridays bankruptcy: What this means for its restaurants
By Newsweek | 5 days agoTGI Fridays Inc. filed for Chapter 11 bankruptcy, closing 50 US locations. The brand's intellectual property is excluded, and operations for franchisees remain unaffected. The pandemic and capital str...
-
TGI Friday's operator files for bankruptcy amid financial woes
By Yahoo! Finance | 5 days agoAmerican casual dining chain TGI Fridays has filed for Chapter 11 bankruptcy due to financial challenges exacerbated by the pandemic and a failed deal with Hostmore. The company plans to restructure a...
-
TGI Fridays files for bankruptcy; restaurants remain open amid restructuring
By USA Today | 5 days agoTGI Fridays has filed for Chapter 11 bankruptcy due to financial challenges exacerbated by COVID-19. The company plans to restructure, with 39 U.S. locations remaining open. TGI Fridays Franchisor, LL...
-
TGI Friday's operator files for Chapter 11 bankruptcy amid financial woes
By NBC News | 5 days agoTGI Fridays filed for Chapter 11 bankruptcy due to financial challenges exacerbated by COVID-19 and their capital structure. The American casual dining chain aims to restructure to optimize operations...
-
TGI Fridays files for bankruptcy protection as sit-down restaurant...
By New York Post | 5 days agoTGI Fridays filed for Chapter 11 bankruptcy protection due to financial challenges exacerbated by COVID-19, aiming to ensure long-term viability after closing many branches....
-
TGI Fridays files for bankruptcy, as sit-down chain restaurants face broad challenges
By CBS News | 5 days agoTGI Fridays filed for bankruptcy due to COVID-19 impact, aiming to secure the brand's future. Facing competition from delivery services and fast-food chains, the restaurant chain has closed branches a...
-
Restaurant chain TGI Fridays files for bankruptcy protection
By The Guardian | 5 days agoDallas-based TGI Fridays files for bankruptcy protection to ensure the future of its casual dining brand, impacted by COVID-19 and changing dining trends. The chain aims to restructure and remain viab...
-
TGI Fridays files for bankruptcy protection as sit-down restaurant struggles continue
By Yahoo! Finance | 5 days agoTGI Fridays filed for bankruptcy due to financial challenges exacerbated by COVID-19, resulting in the closure of many branches. The company aims to secure long-term viability. Despite this, the brand...
-
TGI Fridays has abruptly closed 50 more restaurants. Here's where in CT
By Yahoo! Finance | 6 days agoOver 50 TGI Fridays locations, including all in Connecticut, closed abruptly. The chain announced shutting down 36 restaurants by year-end as part of a growth strategy. With bankruptcy looming, only 1...