During the first hearing about TGI Fridays' bankruptcy process, franchisees had concerns about nearly $50 million in ...
According to Reuters, the amount of unused gift cards — $49.7 million, to be exact — exceeds the company’s available cash, ...
TGI Fridays franchisees are worried that they could be on the hook for $49.7 million in outstanding customer gift card ...
American casual restaurant chain TGI Fridays declared bankruptcy to restructure. But can it afford to cover the $50 million in gift cards out there?
In Woodbridge, Virginia, LongHorn Steakhouse will take over an old TGI Fridays. In Watertown, New, York, a former Red Lobster is being converted to a Northern Credit Union bank. And Chick-fil-A is ...
TGI Fridays Inc., the casual dining restaurant chain, filed for Chapter 11 bankruptcy Saturday. The company said the COVID-19 pandemic was the “primary driver of our financial challenges,” in ...
When TGI Friday’s declared bankruptcy, there were still nearly $50 million in TGI Fridays gift cards in circulation ... do your own analysis before making any investment based on your own ...
TGI Fridays just filed for bankruptcy, while Chili's is thriving. Here's a comparison of the same meal at both restaurants.
And, in January, 36 locations were also shut down. TGI Fridays did not respond to the Journal Sentinel’s requests for comment on if any Wisconsin locations were part of either round of closures.
At TGI Fridays, the proposition has always been clear: When you arrive at any of the chain’s locations, you are there not just for the loaded potato skins or bourbon-sauced steaks or candy ...
Buca Di Beppo followed suit this summer. Now, TGI Fridays is heading down the same path. Fridays filed for bankruptcy protection over the weekend, on November 2, CNN reported. The restaurant chain ...