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TGI Fridays Files For Bankruptcy Amid High Inflationary Difficulties
9 months ago
14
News
TGI Fridays
closing
bankruptcy
richard
moore
executed
Dallas Texas
Christina Aguayo
Salem News Channel
Restaurant chain TGI Fridays says it has filed for bankruptcy protection as it looks for ways to “ensure the long-term viability” of the casual dining brand. The Dallas-based company filed for Chapter 11 bankruptcy protection in a Texas federal court over the weekend. Many restaurants have filed for bankruptcy and are closing down shops due to the difficulty operating in a high inflation economy.
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