Since the year began, several restaurant chains have filed for Chapter 11 bankruptcy. Here's what you need to know.
Casual dining chain TGI Fridays filed for Chapter 11 bankruptcy Nov. 2, citing the COVID-19 pandemic as one of the drivers behind its financial challenges. It’s the latest bankruptcy declaration ...
TGI Fridays will live to see another day, at least while bankruptcy proceedings continue. The casual dining destination filed for Chapter 11 bankruptcy protection over the weekend, calling the ...
TGI Fridays Inc., the company that owns 39 of the restaurant chain's locations across the U.S., filed for Chapter 11 bankruptcy protection on Saturday. Concerns about $49.7 million in outstanding ...
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 ...
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 ...
MANILA, Philippines — Casual American dining chain TGI Fridays Inc. in the United States has filed for Chapter 11 bankruptcy protection for 39 company-owned locations, but its operations in the ...
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 ...
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 ...
It is important to note that TGI Fridays Inc.’s filing pertains solely to its 39 company-owned restaurants in the U.S. and does not include TGI Fridays Franchisor, LLC, which continues to ...
TGI Fridays is the latest restaurant chain to declare bankruptcy. The company filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the Northern District of Texas.