Restaurant chain TGI Fridays files for financial catastrophe

TGI Fridays filed for Chapter 11 financial catastrophe protection Saturday, changing into presumably the most up-to-date in a series of once-excessive-flying informal dining chains to tumble into turmoil.The extensive image: This three hundred and sixty five days is no longer off direction to survey presumably the most bankruptcies declared in decades originate air of 2020

Restaurant chain TGI Fridays files for financial catastrophe

TGI Fridays filed for Chapter 11 financial catastrophe protection Saturday, changing into presumably the most up-to-date in a series of once-excessive-flying informal dining chains to tumble into turmoil.The extensive image: This three hundred and sixty five days is no longer off direction to survey presumably the most bankruptcies declared in decades originate air of 2020, when the pandemic hit.Chain restaurants had been squeezed between immediate-informal eateries and dwelling cooking as customers tightened their budgets.The COVID pandemic did now not assist both…
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