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Tuesday, nov 12
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52°
Tuesday, nov 12
Tag:
Franchise
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…
Business
Artichoke Basille's Pizza Opening Another North Jersey Store
New Jersey is getting yet another Artichoke Basille's Pizza store. A Jersey City location is set to open this spring on Bay Street. The new outpost marks the second of five franchised stores to open across New Jersey as part of a deal inked by customers and owners Premal and Leela Shanghvi in 2018. Artichoke currently has a store in Hoboken and is planning another one in Red Bank. The franchised Jersey City location will be 800 square feet, and will offer both dine-in and takeout. The restaurant’s interior will feature flawlessly preserved brick walls from the 1880s as we…