TGI Fridays

TGI Fridays to be acquired by U.K. franchisee Hostmore for $220M

By Joe Guszkowski on Apr. 16, 2024

The merger will create a 600-unit global company and take Fridays public on the London Stock Exchange.

How the once-mighty are falling in casual dining

By Peter Romeo on Jan. 30, 2024

Restaurant Rewind: Dominance within the full-service sector has shifted appreciably during the last 20 years. Here’s a look at how the balance of power has shifted, humbling two powerhouses in particular.

Premium

Financing

TGI Friday's closures continue the bar & grill sector's long decline

By Jonathan Maze on Jan. 08, 2024

The Bottom Line: The chain has been struggling in the U.S. for years as domestic consumers shift spending away from traditional bar & grill chains.

Financing

TGI Friday's closes 36 stores, sells more to Ray Blanchette

By Peter Romeo on Jan. 03, 2024

Blanchette, a former CEO of the chain, will operate the stores as a franchisee. The price he paid was not disclosed.

Operations

TGI Fridays bolsters C-suite with two new execs

By Lisa Jennings on Dec. 13, 2023

The former CEO of Via 313 Pizzeria is named U.S. president and COO; and the former COO of Papa Murphy's becomes CFO and president of international for the casual dining brand.

Leadership

TGI Fridays names new CEO for second time this year

By Joe Guszkowski on Oct. 31, 2023

Longtime board member Weldon Spangler will take over after Brandon Coleman resigned for personal reasons.

Food

TGI Fridays goes all-in on appetizers

By Joe Guszkowski on Oct. 24, 2023

The chain is adding a handful of trendy new apps like truffle tot-chos and a margarita shrimp cocktail as it continues a revitalization effort.

Premium

Operations

TGI Fridays wants to become 'more fun than your phone'

By Joe Guszkowski on Oct. 20, 2023

After falling into what new CEO Brandon Coleman called a “sea of sameness,” the storied casual-dining brand is betting things like sushi, mocktails and entertainment will help make it relevant again.

Food