Sit-down chain restaurants have more broadly faced challenges in recent years as diners choose to get food delivered or visit upscale fast food chains. Restaurant chain TGI Fridays filed for ...
TGI Fridays has been on a mission to revitalize its brand. In 2024, the chain filed for Chapter 11 bankruptcy and began closing underperforming locations. By the following year, fewer than 100 were ...
Red Lobster, TGI Fridays, Boston Market, BurgerFi, Buca di Beppo, and Rubio’s all filed for bankruptcy or closed hundreds of locations in 2024. The common thread isn’t what most people think. The ...
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