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The Latest Breaking News from TGI Fridays

TGI Fridays’ former CEO, who introduced sushi to a restaurant chain famous for potato skins and mozzarella sticks, will step up to oversee more than 400 locations post-bankruptcy

Ray Blanchette served as CEO from 2018 to 2023, a time when Fridays struggled during the pandemic.

Fortune

The great children’s menu rip-off: Restaurants accused of serving ready meals to kids

A study found that meals were typically not being made on site

The Independent UK

UK restaurant chains ripping parents off with ready meals – study

The Soil Association investigation ranks UK restaurants after it uncovered unhealthy meals and a lack of freshly prepared options on kids’ menus.

The Independent UK

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TGI Fridays and Pizza Hut could go: The future of the classic chain restaurant no longer seems bottomless

IN FOCUS: Chain restaurants were once the cornerstones of British dining, loved for their affordability and reliability. But rising costs, changing tastes and the pressures of a shifting dining landscape are pushing them to the brink. Can they adapt, asks Hannah Twiggs, or are they destined to become relics of…

The Independent UK

Jimmy Kimmel feuds with Elon Musk: ‘At least my children like me’

Late-night hosts discuss Trump’s legal future, Musk’s ties to the White House and Democrats’ lessons from Harris’s loss

The Guardian - US

TGI Fridays files for bankruptcy

The company said in a statement that the COVID-19 pandemic was the “primary driver of our financial challenges"

Salon

TGI Fridays is worried it won't have enough cash if customers redeem $50 million in outstanding gift cards that don't expire

Franchisees are concerned the restaurant chain will be unable to reimburse them for cashed-in vouchers dating back as early as 2003.

Fortune

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Iconic restaurant chain files bankruptcy after closing locations

The Street

TGI Fridays blames pandemic for bankruptcy

TGI Fridays, which has 461 locations worldwide, has filed for Chapter 11 bankruptcy.

The Street

TGI Friday's Is Latest Fast-Casual Restaurant Chain To Go Bankrupt

The company that owns and operates 39 outlets in the U.S. blamed its misfortunes on the COVID-19 pandemic and 'our capital structure.'

International Business Times

Iconic restaurant chain closes more locations before bankruptcy

The Street

Another restaurant chain closes locations, but no bankruptcy yet

The Street

Iconic restaurant chain ready to file Chapter 11 bankruptcy

The Street

TGI Fridays secures rescue deal but more than 1,000 UK jobs lost

Private equity groups Calveton and Breal Capital to buy 51 restaurants, although 35 outlets will close

The Guardian - UK

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International Business Times

Struggling TGI Fridays Closes Dozens More Restaurants

While 1,000 people lost their jobs, 2,000 others were saved.

The National (Scotland)

Reports of 'mass closures' of TGI Fridays across UK sparks concerns from union

REPORTS of staff being "shut-out" of TGI Fridays sites amid "mass closures" across the UK have sparked concern from a workers…

The Guardian - UK

TGI Fridays ‘close to rescue deal’ that could save more than 2,000 UK jobs

Administrators reportedly in talks with Calveton and Breal Capital, which could buy up to 55 of 87 restaurants

The Independent UK

Foodies react as long-standing restaurant chain owner enters administration

Fans of the chain mourned the prospect of never eating ‘Sesame Chicken’ dish again

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Evening Standard

TGI Fridays owners collapse into administration: full list of UK restaurants affected

The American restaurant chain opened its first UK outlet in Birmingham in 1986 and spread nationwide — but the glory days appear to be over

The National (Scotland)

Company with eight Scottish restaurants collapses into administration

A COMPANY with a number of restaurants across Scotland has entered administration...

The Guardian - UK

TGI Friday’s UK future in doubt as owner reveals plan to enter administration

Brand could disappear, with 87 restaurants and 4,500 jobs at risk after talks over rescue deal collapse

The Street

Sports Illustrated

NFL Fact or Fiction: Packers Will Miss the Playoffs After Jordan Love Injury

Plus, did the Giants make a mistake trading for Brian Burns? And is it time for the Browns to bench Deshaun Watson?

The Street

Struggling bar and restaurant chain selling all its locations

The sales would involve a major business-model change for the popular restaurant chain.

Salon

Buca di Beppo shuts down 13 restaurants

The Italian-American restaurant chain cited a decrease in sales, staffing challenges and rising food costs

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