TGI Fridays

Restaurant · Calverton

1

@eater

Friday’s Will Close Up to 20 Percent of Its Locations | Eater

"Once a casual dining and sports-bar chain that depended on dine-in traffic, the company—whose CEO Ray Blanchette says revenue is down about 50% despite pickup and delivery—faces severe strain: up to 20% of its 386 locations may close permanently, earlier plans to merge with Allegro Merger Corp. and go public were canceled, and management describes the situation as “triage” focused on cash to keep the business solvent. To adapt, the chain is piloting socially distanced parking-lot party tents for outdoor dining in New Hampshire, a tactic that could expand to serve items such as boneless wings." - Jaya Saxena

https://www.eater.com/2020/5/28/21273086/tgi-fridays-will-close-up-to-20-percent-of-locations-permanently

12281 Tech Rd, Silver Spring, MD 20904 Get directions

locations.tgifridays.com
@tgifridays

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