TGI Friday's files for Chapter 11 bankruptcy
In the filing, the company listed both assets and liabilities as between $100 million and $500 million.
TGI Fridays’ ex-CEO—who introduced sushi to a restaurant chain famous for potato skins and mozzarella sticks—will step up to oversee hundreds of locations post-ban…
Blanchette, who led the restaurant from 2018 to 2023, will step in with his company as new management for more than 400 TGI ...
TGI Fridays bankruptcy: Concerns about nearly $50 million in unused gift cards
During the first hearing about TGI Fridays' bankruptcy process, franchisees had concerns about nearly $50 million in outstanding gift cards.
mlive
Restaurant chain blasts competitor going through bankruptcy in social media exchange
The national restaurant chain replied to a comment by saying "like this if you thought TGI Fridays was closed." ...
Restaurant Business Online
TGI Fridays management company acquires brand's U.K. division
CEO Ray Blanchette’s Sugarloaf Management bought the casual-dining chain’s 49 U.K. locations amid a strong international ...
AOL
TGI Fridays’ closure after 40 years in Coral Springs leaves only memories
The furniture is gone. Signage has been removed. Even the door handles are no more. The closure of the Coral Springs’ TGI Fridays location, at 855 N. University Drive, has left only memories for ...
TGI Fridays CEO buys back U.K. stores in Sugarloaf deal
The TGI Fridays U.K. locations have changed hands twice in one year, and now returns to Ray Blanchette’s Sugarloaf TGIF ...
The Caterer
TGI Fridays sold by Calveton UK and Breal Capital
All 49 remaining TGI Fridays restaurants in the UK have been sold by Calveton UK and Breal Capital to Sugarloaf ...