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Thursday, dec 26
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Franchise
Business
McDonald's Launching Revamped Value Menu In New Year: Here's When
McDonald’s will ring in the new year by serving more for less. The fast food giant will unveil its new “McValue” menu nationwide starting on Tuesday, Jan. 7. McValue will include current fan-favorites, like the $5 Meal Deal, and a new “Buy One, Add One for $1” offer, allowing customers to mix and match their order. Breakfast options include classics like the sausage McMuffin and hash browns, while lunch offerings feature the 6-piece chicken McNuggets and double cheeseburger. McDonald’s is also extending through next summer its $5 Meal Deal, a combination of a McDouble or McChicken sandwi…
Business
TGI Fridays Files For Bankruptcy Weeks After Sudden Closures Of At Least 12 Restaurants
Casual dining chain TGI Fridays has filed for bankruptcy several weeks after at least 12 of its restaurants suddenly closed. The company filed the Chapter 11 petition on Saturday, Nov. 2, in Texas, near its Dallas headquarters. Founded in New York City in 1965, TGI Fridays has 95 restaurants in the US, 39 of which the company owns and operates. The other 56 are independent franchises not involved in the bankruptcy petition. The company said that all those locations will remain open. According to the TGI Fridays website and other reports, the following locations are now listed as permanent…