Nov 04, 2024
FILE - People peek into a window of a TGI Friday's restaurant to see what they are serving to-go on Wednesday, March 25, 2020, in Miami Beach, Fla. (AP Photo/Brynn Anderson, File)(Associated Press) – Restaurant chain TGI Fridays says it has filed for bankruptcy protection as it looks for ways to “ensure the long-term viability” of the casual dining brand. The Dallas-based company filed for Chapter 11 bankruptcy protection in a Texas federal court Saturday. Executive Chairman Rohit Manocha said in a statement that the “primary driver of our financial challenges resulted from COVID-19 and our capital structure.” Sit-down chain restaurants more broadly have faced challenges in recent years as diners choose to get food delivered or visit upscale fast-food chains.
Respond, make new discussions, see other discussions and customize your news...

To add this website to your home screen:

1. Tap tutorialsPoint

2. Select 'Add to Home screen' or 'Install app'.

3. Follow the on-scrren instructions.

Feedback
FAQ
Privacy Policy
Terms of Service