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TGI Fridays Closing These 'Underperforming' Northeast Restaurants
TGI Fridays is closing nearly 30 "underperforming" locations across the northeast and will sell eight restaurants to the chain's former CEO, the chain said in a news release.
The 27 closures include restaurants in Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Virginia. In total, 36 TGI Fridays locations are shutting down nationwide.
The company says about 1,000 employees, which represent more than 80% of those impacted, will be offered transfer opportunities.
"As we continue along our path of transformation to revitalize the Fridays brand and …
