TGI Friday’s Restaurant Closings 2020 : Why The Restaurant Chain Is Closing 386 Locations . TGI Friday’s will likely suffer the fate of many restaurants amid the fallout of the coronavirus pandemic, as the company reportedly won’t reopen the doors at 386 locations after seeing a sharp decline in sales.
TGIF Holdings, LLC and Allegro Merger Corp., jointly announced a merger that would result in TGI Fridays becoming a publicly listed company . Allegro is a publicly traded special purpose acquisition company listed under ALGR on NASDAQ.
SomeOne started by reducing the brand name down to just Fridays , based on the fact that the meaning of TGI had become lost and confused over time.
Thank God It’s Friday. TGIF . Thank God I Found You.
The Best & Worst Menu Items at TGI Friday’s Best : Spinach and Artichoke Dip. Worst: Wings Roulette Platter. Best : Beyond Meat Cheeseburger, Green Style. Worst: Cheddar Bacon Omelet Burger. Best : Caesar Salad with Grilled Chicken—Lunch Portion. Worst: Chinese Chicken Salad. Best : Bacon Ranch Chicken Sandwich.
More Restaurant Closings In 2020 : IHOP , Applebee’s To Shutdown Locations. Franchisor Dine Brands Global (DIN) announced that up to 100 IHOP restaurants would close over the next six months, and 15 Applebee’s locations will shutter in the fourth quarter.
Major Restaurant Chains that Closed in 2020 (Or Are Closing Lots of Locations) Brio Tuscan Grill is an upscale casual-dining Italian restaurant. Denny’s is not going out of business. Dunkin’ is not going out of business. IHOP is not going out of business. McDonald’s is not going out of business.
Burger King reported plans to close up to 250 restaurants in 2019, with closures coming into effect this year and over the next few years. According to Restaurant Business , ” Burger King executives said the company plans to close 200 to 250 low-volume locations per year over the next couple of years.”
Ray Blanchette (Oct 2018–)
It was first used in the early 1970s by a disk jockey with the name of Jerry Healy. He lived in Ohio and worked for the WAKR radio station. He coined the phrase “Thank God it’s Friday!” Later it was abbreviated to TGIF and became a catchphrase used by many people.
TGI Friday’s – short for Thank Goodness It’s Friday – is an US brand that six years ago was owned in the UK by Whitbread, which she says failed to nurture or invest in the business. Eventually Whitbread sold it to leisure conglomerate Carlson, which owns the TGI Friday’s franchise in the rest of the world.