167.00 Dollar US$ TGI Fridays U.K. loses 36 stores and 1,000 jobs despite rescue deal Saint Paul

Published date: January 28, 2025
  • Location: 730 75, Saint Paul, South Dakota, United States

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

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