Connect with us

Hi, what are you looking for?

Your Retire Invest


Lights Out at 36 TGI Fridays: Major Closures Across US

TGI Fridays, one of America’s most beloved bar and grill chains, has announced that it will be closing 36 of its less successful locations across the U.S. The news was made public on October 21st, 2020 and comes as the restaurant industry continues to struggle due to the COVID-19 pandemic.

With over 600 locations across the nation, the company has been a popular spot for families, friends and coworkers to grab a bite to eat and drinks. While other chains have turned to creative ways to keep up their dining options, such as takeout, drive-thru, and outdoor dining, TGI Fridays had been largely unable to do so.

“Unfortunately, due to closures and restrictions dictated by various state and local governments associated with the pandemic, some of our TGI Fridays U.S. restaurants had to temporarily close, while others experienced reduced operations,” said The Briad Group, who oversees TGI Fridays. “We have assessed the performance of each of our franchises during this difficult time and have identified approximately 36 locations as underperforming. We will be closing those locations in the weeks ahead.”

The exact locations have yet to be announced, but what is certain is that this pandemic has been taking its toll on the restaurant industry. While it may be difficult news for some, TGI Fridays stated that it is their hope to continue to provide their typical American-style dining experience once the pandemic passes, as safety measures continue to improve.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Editor's Pick

Controversy ensued recently when a vocal group within the Republican party (in the United States) began to make the argument that the Speaker position,...


In an effort to promote stronger loyalty among customers, Delta Air Lines has recently announced changes that will make it more difficult to earn...

Top News

Intensified aerial strikes in and around the Hamas-controlled Gaza Strip have been met with retaliatory releases of Israeli hostages by the militant organization. On...


Citigroup, one of the world’s leading multinational investment banks and a behemoth in the financial services sector, recently unveiled plans to trigger a significant...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 YourRetireInvest. All Rights Reserved.