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The Latest Breaking News from TGI Fridays

7 Restaurant Chains That Quietly Closed Dozens of Locations

The restaurant industry operates on razor-thin margins, and the post-pandemic economic landscape of 2025 has been particularly challenging. While a major bankruptcy filing grabs headlines, a more subtle trend is reshaping American dining: the quiet, mass closure of locations by established chains. These companies are not officially going out of…

Grocery Coupon Guide

Candyfloss machines and photo booths part of TGI Friday’s new look

IN FULL

The Independent UK

TGI Friday celebrates ‘comeback’ with new menu after rescue deal

The US-themed restaurant was bought out of administration in October

The Independent UK

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TGI Fridays hails ‘comeback’ with new menu launch after UK chain rescued

The US-themed restaurant and cocktail bar said it had undergone a significant transformation since being bought out of administration in October.

Evening Standard

6 Restaurants That Got Sued Over Their “Fresh Ingredients”

The terms “fresh,” “natural,” and “clean” are powerful marketing words in the restaurant industry. Diners are increasingly seeking out food they perceive as wholesome and honestly prepared. Many restaurant chains have built entire brands around these claims. However, sometimes these marketing promises clash with the reality of their ingredients or…

Grocery Coupon Guide

This Gen Xer turned $2,500 on a credit card into a multimillion-dollar business and quit his 9-to-5 for good

Hella Cocktail Co. cofounder and CEO Jomaree Pinkard quit his NFL consulting career and turned a hobby with his two best friends into a multimillion-dollar business.

Fortune

Beleaguered TGI Fridays has changed 85% of its menu in bid to extract chain from bankruptcy threats

At its peak, the family restaurant had 600 restaurants nationwide – now it has just 85 locations remaining

The Independent UK

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TGI Fridays restaurant closures: Full list revealed as iconic Leicester Square branch shuts down

TGI Fridays has closed a string of branches in recent months – including its flagship London restaurant

Evening Standard

TGI Fridays Leicester Square flagship shuts down

But the hospitality showed remarkable resilience last year according to new figures

Evening Standard

TGI Fridays’ former CEO, who introduced sushi to a restaurant chain famous for potato skins and mozzarella sticks, will step up to oversee more than 400 locations post-bankruptcy

Ray Blanchette served as CEO from 2018 to 2023, a time when Fridays struggled during the pandemic.

Fortune

The great children’s menu rip-off: Restaurants accused of serving ready meals to kids

A study found that meals were typically not being made on site

The Independent UK

UK restaurant chains ripping parents off with ready meals – study

The Soil Association investigation ranks UK restaurants after it uncovered unhealthy meals and a lack of freshly prepared options on kids’ menus.

The Independent UK

TGI Fridays and Pizza Hut could go: The future of the classic chain restaurant no longer seems bottomless

IN FOCUS: Chain restaurants were once the cornerstones of British dining, loved for their affordability and reliability. But rising costs, changing tastes and the pressures of a shifting dining landscape are pushing them to the brink. Can they adapt, asks Hannah Twiggs, or are they destined to become relics of…

The Independent UK

Jimmy Kimmel feuds with Elon Musk: ‘At least my children like me’

Late-night hosts discuss Trump’s legal future, Musk’s ties to the White House and Democrats’ lessons from Harris’s loss

The Guardian - US

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Salon

TGI Fridays files for bankruptcy

The company said in a statement that the COVID-19 pandemic was the “primary driver of our financial challenges"

Fortune

TGI Fridays is worried it won't have enough cash if customers redeem $50 million in outstanding gift cards that don't expire

Franchisees are concerned the restaurant chain will be unable to reimburse them for cashed-in vouchers dating back as early as 2003.

International Business Times

TGI Friday's Is Latest Fast-Casual Restaurant Chain To Go Bankrupt

The company that owns and operates 39 outlets in the U.S. blamed its misfortunes on the COVID-19 pandemic and 'our capital structure.'

The Guardian - UK

TGI Fridays secures rescue deal but more than 1,000 UK jobs lost

Private equity groups Calveton and Breal Capital to buy 51 restaurants, although 35 outlets will close

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International Business Times

Struggling TGI Fridays Closes Dozens More Restaurants

While 1,000 people lost their jobs, 2,000 others were saved.

The National (Scotland)

Reports of 'mass closures' of TGI Fridays across UK sparks concerns from union

REPORTS of staff being "shut-out" of TGI Fridays sites amid "mass closures" across the UK have sparked concern from a workers…

The Guardian - UK

TGI Fridays ‘close to rescue deal’ that could save more than 2,000 UK jobs

Administrators reportedly in talks with Calveton and Breal Capital, which could buy up to 55 of 87 restaurants

The Independent UK

Foodies react as long-standing restaurant chain owner enters administration

Fans of the chain mourned the prospect of never eating ‘Sesame Chicken’ dish again

Evening Standard

TGI Fridays owners collapse into administration: full list of UK restaurants affected

The American restaurant chain opened its first UK outlet in Birmingham in 1986 and spread nationwide — but the glory days appear to be over

The National (Scotland)

Company with eight Scottish restaurants collapses into administration

A COMPANY with a number of restaurants across Scotland has entered administration...

The Guardian - UK

TGI Friday’s UK future in doubt as owner reveals plan to enter administration

Brand could disappear, with 87 restaurants and 4,500 jobs at risk after talks over rescue deal collapse

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