The motto of TGI Fridays is “In here, it’s always Friday.”
However, Fridays are running out because the chain has more closures and fewer locations than ever before.
TGI Fridays recently closed further sites, reducing their total number of restaurants to 125, according to Nation’s Restaurant News. This time, New York, Nevada, and Pennsylvania are the places that have been closed.
TGI Fridays closed many of its restaurants last October, reducing its total number to 164. They have been busy…closing down locations, as basic math demonstrates.
Known for its flair and pizazz, the once-thriving restaurant brand is having trouble. They have resurfaced after filing for bankruptcy in November 2024, but they are still in a downward trajectory.
The corporation had three CEO changes in a short period of time in 2023, suggesting that the corporate aspect of the issue may be somewhat to blame.
The franchise may be coming to an end as a whole if TGI Fridays continues to close its locations.
