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Further motions were also filed with the Bankruptcy Court that, if approved, allow TGI Fridays to continue its customer ...
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TGI Fridays, the Texas-based casual dining restaurant, has filed for bankruptcy protection, blaming issues with its capital structure and the after-effects of the Covid-19 pandemic.
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TGI Fridays filed for bankruptcy on Saturday, joining the ranks of other struggling sit-down chains like Red Lobster.
“It goes great with red sauce and cheese,” he said.
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Restaurant chain TGI Fridays said Saturday it has filed for bankruptcy protection as it looks for ways to "ensure the long-term viability" of the casual dining brand.