TGI FRIIYS CEO CEO explains how the company returns after it is submitted to bankruptcy in 2024.
The TGI imprint fell on Friday in the United States significantly.
The series’s website included 85 restaurants across the country, less than a third of the number that works in the United States at the beginning of 2024, when there were about 270, CNN mentioned Tuesday.
In November, with TGI Frias Inc. Chapter 11 bankruptcy procedures, more than 160 were widespread throughout America, according to the port. There was closure and sales TGI restaurants on Friday since then.
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At that time, she said that Tgi Frdys Inc. The bankruptcy has entered “to allow the company to explore strategic alternatives to ensure the long -term brand’s validity.”

The TGI imprint fell on Friday in the United States significantly. (Lynne Cameron / Pa Images via Getty Images)
The franchise sites were not included in 56 concessions in 41 countries in the process of Chapter 11, according to their press release in November, in which he declared bankruptcy.
A representative of TGI FRIX FOX Business said: “The story of TGI FRIDAIS-a prominent series of famous restaurants that invented informal food, the concept of individual bar, and the Long Island-is not the closure but the new structure and the new strategy.”
The Ray Blanchette was chosen to lead TGI FRIDAIS and created the Sugarloaf TGIF administration. He was previously the CEO of the series from 2018 to 2023.
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“The brand, which is distinguished from the entity that applied for bankruptcy, is now led by the concessions, while enabling the advisory council for a friend of the concession and the formation of decisions at the brand level.” “The effect of bankruptcy on less than 10 % of the system.”
The TGI FRIDYS imprint currently includes 391 restaurants in 41 countries, according to the company.

Tgi Frdys is also looking to attract a younger audience. (Bruce Bennett / Getti Emiez)
BLANCHETETE, which leads TGI FRIIYS return efforts, recently told its first 100 days, the company has already promoted 80 % of its list, with A. New menu and cocktail Launch at the level of the country on May 13.
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Tgi Fridess also looks at attracting a younger audience and “changing the brand’s voice and facility” with more focus on Social mediaHe said in the interview.
Daniela Jenovies contributed to this report.
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