TGI Fridays is closing 36 restaurants amid Chapter 11 bankruptcy proceedings.. Learn what’s next for the iconic brand ...
Things aren’t looking peachy for TGI Friday’s as a whole. The brand is currently trying to emerge from Chapter 11 bankruptcy, ...
Blanchette's company Sugarland Hospitality offered $30 million for the sold locations at the start of TGI Friday's bankruptcy, according to court documents. TGI Fridays has received offers for ...
TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection after ...
Related: A look at TGI Fridays’ recent turbulence leading up to bankruptcy Last January ... its reverse takeover plan of the entire Friday’s system failed. After closing 36 underperforming ...
However, according to Eat This, Not That!, the chain is still “on the brink of total collapse” months later: Nearly 40 ...
TGI Friday's filed for bankruptcy in November after closing nearly 40 locations, including one in North Texas, early last year. There are five TGI Friday's locations at DFW Airport, according to ...
Another blow to America’s dining scene hit in November 2024, when TGI Friday's, a casual family hangout, filed for Chapter 11 bankruptcy. The chain blamed mounting debt and lingering post ...
When TGI Friday’s declared bankruptcy, it was just the latest restaurant chain to run up the white flag in 2024. Red Lobster filed Chapter 11 before that and Denny’s, while not declaring ...
A Texas bankruptcy court will now decide aspects of TGI Friday’s fate, including Blanchette’s plans to buy up some TGI Fridays restaurants through an auction among bidders slated for this month.
The case is TGI Friday’s Inc., number 24-80069, in the US Bankruptcy Court for the Northern District of Texas.