Latest News from TGI FRIDAYS

TGI Fridays Signs Its First US Franchise Development Deal in Over a Decade

TGI Fridays filed for Chapter 11 bankruptcy in late 2024 and closed a net of over 200 US locations in two years, leaving the chain with just 69 domestic restaurants by mid-2026. On October 1, its new owner Sugarloaf Hospitality announced the brand's first US franchise development agreement in more…