The restaurant industry has seen a rough stretch of years, and the hits keep coming. One of the bigger names in the food ...
In a statement, the company’s executive chairman Rohit Manocha, said the COVID-19 pandemic and the company’s capital ...
TGI Fridays plans to keep a number of restaurants open as bankruptcy proceedings, announced Saturday, move forward.
Executive Chairman Rohit Manocha said in a statement that the "primary driver of our financial challenges resulted from COVID ...
Another iconic restaurant chain is in financial trouble. TGI Fridays just announced that they have filed for Chapter 11 ...
TGI Fridays has filed for Chapter 11 bankruptcy protection, seeking ways to stabilize its finances as the brand faces ...
TGI Fridays Inc., which owns 39 of the casual dining chain's restaurants, filed for Chapter 11 bankruptcy on Nov. 2.
In the filing, the company listed both assets and liabilities as between $100 million and $500 million.
According to Manocha, the chain's "financial challenges" were the result of the COVID-19 pandemic and their capital structure. Thirty-nine company-owned TGI Fridays locations, included in the ...