TGI Friday’s Announces It Is Closing Restaurants For Good

TGI Friday’s Announces It Is Closing Restaurants For Good


TGI Fridays, the renowned American restaurant chain, has undertaken a strategic move to close more than 30 underperforming establishments across the United States. This unexpected decision, forming…

TGI Fridays, the renowned American restaurant chain, has undertaken a strategic move to close more than 30 underperforming establishments across the United States. This unexpected decision, forming part of the company’s growth strategy, aims to ensure long-term success and a continued commitment to providing an exceptional dining experience.

The closures, marked by overnight notices on affected locations, impacted states such as New Jersey, Massachusetts, and New York, with a total of 36 restaurants shuttered. Simultaneously, former CEO Ray Blanchette acquired eight corporate-owned restaurants in the Northeast, signifying a noteworthy shift in ownership.

Ray Risley, TGI Fridays’ US president and chief operating officer, emphasized the company’s dedication to delivering a superior guest experience. The move to strengthen the franchise model and close underperforming stores is viewed as an opportunity to optimize operations and position the brand for future success.

Despite the surprise expressed by customers and employees, TGI Fridays assured stakeholders that the closures were necessary for the brand’s sustainability. Approximately 80 percent of affected employees have been successfully transferred to other company locations, demonstrating the brand’s commitment to supporting its workforce during this transition.

This strategic shift follows recent menu enhancements in October 2023, with TGI Fridays introducing sushi and refreshing cocktails to stay competitive. The fate of the sold-off locations remains uncertain, leaving customers and industry observers intrigued about their future. In conclusion, TGI Fridays navigates these changes with a steadfast commitment to its guests and staff, aiming for enduring success in the evolving restaurant industry.

Related Posts

PRAYERS FOR Donald Trump

Former President Donald Trump released a brief health report from his doctor, Dr. Bruce Aronwald, claiming his health is “excellent” and mentioning weight loss due to an…

MY SON TOLD ME I’M TOO OLD TO WEAR RED LIPSTICK

MY SON TOLD ME I’M TOO OLD TO WEAR RED LIPSTICK I’m 75 and I love wearing red lipstick. It makes me feel stylish. Yesterday, I was…

He makes statement following his assassination attempt.

See it below

Did kids have more manners when you grew up, than some kids have nowadays.

Yes..we definitely had more manners back then. We also showed respect to adults, especially our grandparents.

The nine-time Oscar winner died today at Cedars-Sinai Medical Centre in Beverly Hills

A famous Disney songwriter who wrote songs for movies like Mary Poppins and It’s a Small World has died. Richard M. Sherman, who was 95 years old,…

The final moments of Shannen Doherty’s life before she died are hard to watch

It has been confirmed that Shannen Doherty has died after years of living with cancer. The age of her was 53. It breaks my heart to say…

Leave a Reply