During the first hearing about TGI Fridays' bankruptcy process, franchisees had concerns about nearly $50 million in ...

TGI Fridays franchisees are worried that they could be on the hook for $49.7 million in outstanding customer gift card ...

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.

According to Reuters, the amount of unused gift cards — $49.7 million, to be exact — exceeds the company’s available cash, ...

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 ...

You’ve reached your account maximum for followed topics. TGI Fridays filed for Chapter 11 bankruptcy due to financial challenges and declining revenue. Company restructuring aims to optimize ...

Over the weekend, the restaurant chain filed for Chapter 11 bankruptcy protection, which the company said was due to a decrease in traffic following the Covid-19 pandemic. "The primary driver of ...

TGI Fridays’s executive chairman, in a statement. The company has not announced any additional closures. The Chapter 11 filing affects the parent company, which operates 39 corporate-owned ...

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 ...