Casual dining chain TGI Fridays Inc. filed for Chapter 11 bankruptcy in Texas on Saturday with the company's executive chairman saying it still has not fully recovered from the COVID-19 pandemic.

Ray Blanchette’s Sugarloaf Concessions bid $30.5 million for nine locations of the casual-dining concept, including its ...

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 ...

When TGI Friday’s Inc filed for bankruptcy last month, the casual dining chain blamed declining sales and shrinking revenue ...

Over 100 locations have closed in the U.S. in the last year alone, and the company owns and operates only 39 restaurants in ...

Spirit Airlines, the largest budget carrier in the US filed for bankruptcy in November 2024 after suffering mounting losses ...

Vacant restaurant chains are creating prime real estate for a wide range of companies looking for spots to grow, especially ...

TERRE HAUTE, Ind. (WTHI) - A chain restaurant in Terre Haute has a sign on its doors saying it has closed for good. A News 10 ...

TGI Friday's shuttered its restaurant in Haute City Center on Tuesday and laid off its staff, a month after the chain filed ...

Increased costs and altered consumer habits have hit the industry hard. So have higher interest rates on existing debt.