72-year-old breakfast diner chain closes iconic location
Yahoo Finance·2025-11-29 09:12
Classic casual restaurant chains have been closing locations nationwide this year as economic challenges force many out of business. Iconic bar and grill chain TGI Fridays has been shutting down its restaurant locations, since it filed for Chapter 11 bankruptcy over a year ago on Nov. 4, 2024. The company had 39 corporate-owned locations and 122 franchised locations in the U.S., but the franchise locations did not file for bankruptcy. The company sold 27 of those remaining locations and closed the other ...