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TGI Fridays Files For Bankruptcy

Posted by Ally Reid at Sunday, November 3, 2024 at 6:38 PM

Restaurant chain TGI Fridays has filed for Chapter 11 bankruptcy protection. The company says it hopes to "ensure the long-term viability" of the chain after struggling to stay afloat since the COVID-19 pandemic. TGI Fridays has closed more than 100 restaurants this year and currently operates 163 locations nationwide, down from more than 600 locations in 2008. Source: CBS

REUTERS/Nate Raymond

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