Citing the pandemic, TGI Fridays files for bankruptcyTGI Fridays' parent company filed for bankruptcy primarily due to COVID-19 pandemic impacts, seeking a long-term survival strategy.
TGI Fridays is worried it won't have enough cash if customers redeem $50 million in outstanding gift cards that don't expireTGI Fridays faces Chapter 11 bankruptcy challenge compounded by $49.7 million in potentially redeemable gift cards.
TGI Fridays, the Casual Dining Chain, Files for BankruptcyTGI Fridays has filed for Chapter 11 bankruptcy to restructure and address financial difficulties, while continuing to operate all its U.S. locations.
TGI Fridays Files for Chapter 11 BankruptcyTGI Fridays filed for Chapter 11 bankruptcy, citing financial challenges exacerbated by COVID-19 and a declining middle-class spending power.
TGI Fridays files for bankruptcy protection, looking for ways to "ensure the long-term viability"TGI Fridays has filed for Chapter 11 bankruptcy primarily due to challenges posed by the Covid-19 pandemic.
Restaurant chain TGI Fridays files for bankruptcy protectionTGI Fridays seeks Chapter 11 bankruptcy protection due to financial struggles exacerbated by COVID-19 and declining dine-in business.
Citing the pandemic, TGI Fridays files for bankruptcyTGI Fridays' parent company filed for bankruptcy primarily due to COVID-19 pandemic impacts, seeking a long-term survival strategy.
TGI Fridays is worried it won't have enough cash if customers redeem $50 million in outstanding gift cards that don't expireTGI Fridays faces Chapter 11 bankruptcy challenge compounded by $49.7 million in potentially redeemable gift cards.
TGI Fridays, the Casual Dining Chain, Files for BankruptcyTGI Fridays has filed for Chapter 11 bankruptcy to restructure and address financial difficulties, while continuing to operate all its U.S. locations.
TGI Fridays Files for Chapter 11 BankruptcyTGI Fridays filed for Chapter 11 bankruptcy, citing financial challenges exacerbated by COVID-19 and a declining middle-class spending power.
TGI Fridays files for bankruptcy protection, looking for ways to "ensure the long-term viability"TGI Fridays has filed for Chapter 11 bankruptcy primarily due to challenges posed by the Covid-19 pandemic.
Restaurant chain TGI Fridays files for bankruptcy protectionTGI Fridays seeks Chapter 11 bankruptcy protection due to financial struggles exacerbated by COVID-19 and declining dine-in business.
The last TGI Fridays restaurant in central London has shut for goodTGI Fridays has faced a significant decline, closing 36 restaurants in three months, signaling a further downturn for the brand in the UK.
American restaurant chain's Romford site shutting despite rescue dealTGI Fridays Romford has closed immediately due to the company going into administration, affecting over 1,000 jobs.A rescue deal saved 51 restaurants, but 35, including Romford, were not included.
Rescue deal for TGI Fridays struck - London Business News | Londonlovesbusiness.comA rescue deal for TGI Fridays saves nearly 2,400 jobs, but leads to 1,000 job losses as 35 restaurants permanently close.
TGI Fridays flagship restaurant closes and 'more hospitality venues remain extremely vulnerable' - London Business News | Londonlovesbusiness.comTGI Fridays flagship restaurant in Leicester Square has permanently closed, highlighting the struggles of the UK's hospitality sector.
Croydon TGI Friday's set to close after chain enters administrationTGI Fridays in Croydon is closing as part of a larger administration process impacting 35 restaurants across the UK.
TGI Fridays to close 35 UK restaurants with more than 1,000 staff to lose jobsTGI Fridays has closed 35 UK restaurants immediately, resulting in over 1,000 redundancies, while 51 sites were acquired to salvage jobs.
The last TGI Fridays restaurant in central London has shut for goodTGI Fridays has faced a significant decline, closing 36 restaurants in three months, signaling a further downturn for the brand in the UK.
American restaurant chain's Romford site shutting despite rescue dealTGI Fridays Romford has closed immediately due to the company going into administration, affecting over 1,000 jobs.A rescue deal saved 51 restaurants, but 35, including Romford, were not included.
Rescue deal for TGI Fridays struck - London Business News | Londonlovesbusiness.comA rescue deal for TGI Fridays saves nearly 2,400 jobs, but leads to 1,000 job losses as 35 restaurants permanently close.
TGI Fridays flagship restaurant closes and 'more hospitality venues remain extremely vulnerable' - London Business News | Londonlovesbusiness.comTGI Fridays flagship restaurant in Leicester Square has permanently closed, highlighting the struggles of the UK's hospitality sector.
Croydon TGI Friday's set to close after chain enters administrationTGI Fridays in Croydon is closing as part of a larger administration process impacting 35 restaurants across the UK.
TGI Fridays to close 35 UK restaurants with more than 1,000 staff to lose jobsTGI Fridays has closed 35 UK restaurants immediately, resulting in over 1,000 redundancies, while 51 sites were acquired to salvage jobs.
TGI Fridays rescue leads to 1,000 job losses and 35 closures despite private equity buyoutThe rescue of TGI Fridays UK results in 35 branch closures and over 1,000 job losses, provoking backlash over staff treatment during redundancies.
TGI Fridays Files for Chapter 11 Bankruptcy. It Will Be Missed.Friday has lost its significance as a day of rest and celebration in a world dominated by constant work.
TGI Fridays close to rescue deal' that could save more than 2,000 UK jobsA rescue deal for TGI Fridays UK could save over 2,000 jobs by selling up to 55 restaurants to new owners.
Rescue deal saves Wembley branch of American restaurant chainTGI Fridays UK has saved 51 locations after a rescue deal, but 35 have closed immediately, impacting over 1,000 employees.
TGI Fridays rescue leads to 1,000 job losses and 35 closures despite private equity buyoutThe rescue of TGI Fridays UK results in 35 branch closures and over 1,000 job losses, provoking backlash over staff treatment during redundancies.
TGI Fridays Files for Chapter 11 Bankruptcy. It Will Be Missed.Friday has lost its significance as a day of rest and celebration in a world dominated by constant work.
TGI Fridays close to rescue deal' that could save more than 2,000 UK jobsA rescue deal for TGI Fridays UK could save over 2,000 jobs by selling up to 55 restaurants to new owners.
Rescue deal saves Wembley branch of American restaurant chainTGI Fridays UK has saved 51 locations after a rescue deal, but 35 have closed immediately, impacting over 1,000 employees.
TGI Friday's at The O2 will stay open as chain enters administrationThe TGI Friday's branch at The O2 has been saved from closure despite the chain entering administration.
Future of east London TGI Fridays revealed after rescue dealTGI Fridays Stratford restaurant saved from closure through a rescue deal.
TGI Friday's at The O2 will stay open as chain enters administrationThe TGI Friday's branch at The O2 has been saved from closure despite the chain entering administration.
Future of east London TGI Fridays revealed after rescue dealTGI Fridays Stratford restaurant saved from closure through a rescue deal.
TGI Fridays secures rescue deal but more than 1,000 UK jobs lostThe rescue deal for TGI Fridays' UK arm saves 51 locations but results in 35 closures and over 1,000 job losses.
TGI Fridays reveals all 35 restaurants closing across the UK 'immediately'TGI Fridays shuts down 35 stores in the UK with 1,012 job losses while saving 51 locations and nearly 2,400 jobs.
TGI Fridays secures rescue deal but more than 1,000 UK jobs lostThe rescue deal for TGI Fridays' UK arm saves 51 locations but results in 35 closures and over 1,000 job losses.
TGI Fridays reveals all 35 restaurants closing across the UK 'immediately'TGI Fridays shuts down 35 stores in the UK with 1,012 job losses while saving 51 locations and nearly 2,400 jobs.
Rescue deal fails to save Enfield branch of American restaurant chainThe Enfield TGI Fridays branch closed suddenly despite a rescue plan that saved many other locations.
TGI Friday's UK future in doubt as owner reveals administration plansHostmore's decision to appoint administrators places the future of TGI Fridays UK and 3,000 jobs in jeopardy amidst severe financial difficulties.
TGI Friday's CMO on getting the 'forgotten and tired' food chain back on the radarTGI Friday's hired Rhiannon Scarlett as CMO in 2022 for data-driven decision-making.Scarlett aims to revive TGI Friday's brand image through digital transformation.