180.00 Dollar US$ TGI Fridays U.K. loses 36 stores and 1,000 jobs despite rescue deal Chino Valley

Published date: January 19, 2025
  • Location: 1091 Rz, Chino Valley, Florida, United States

The United Kingdom division of casual-dining chain TGI Fridays is saved for now after private equity firms, Breal Capital and Calveton U.K., News Today have jointly acquired 51 out of the 87 TGI Fridays stores put up for sale by former U.K. TGI Fridays master franchisee, News Today Hostmore PLC. According to The Independent, although nearly 2,400 jobs were saved across the remaining 51 U.K. locations of the American chain, News Today the remaining 36 stores were shuttered immediately, leaving 1,012 former TGI Fridays employees now out of work.

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