These 2 Cities Say Goodbye For Good To TGI Fridays As 50 Locations Shut Down - Tasting Table
Briefly

TGI Fridays has been falling apart since the beginning of the COVID pandemic, with diners cutting back on spending and casual dining chains struggling.
Sales for TGI Fridays declined 15% in 2023, marking a significant downturn as the chain has shuttered dozens of locations amid rumors of impending bankruptcy.
The chain has seen a decline to 164 locations nationwide from 213 last week, representing a drastic 50% drop from 329 locations in 2020.
TGI Fridays' struggles are emblematic of larger industry challenges, with casual dining experiencing overall traffic declines while competitors also face decreased unit sales.
Read at Tasting Table
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