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