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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 …
These NY Zip Codes Among Most Expensive In US, According To New Rankings
The Northeast is well-represented in new rankings of the 100 most expensive zip codes in the nation.
Two of the top 10 zip codes according to Property Shark Real Estate Reports are in New York, with both on Long Island, in the Hamptons:
No. 2 Sagaponack (zip code 11962) with a median home sale price in 2023 of $8,075,000,
No. 6 (tie) Water Mill (11976) with a median home sale price in 2023 of $4,500,000.
Six of the Top 10 zip codes are in California, including No. 1 Atherton (94027), located near San Francisco, ($8,300,000 median sales price).
California has 79 of the 100 p…
Target To Close Stores In 4 States, Including NY, Citing Theft, Organized Retail Crime
Citing incidents involving violence and theft, Target announced it is closing nine stores in four states, including one in New York.
The New York store is in Manhattan, at 517 E 117th St.
Three other stores are in California, in the San Francisco/Oakland market, and three in Oregon, in Portland.
The other two stores are in Seattle, Washington.
"We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance," the company said in a statement released Tuesday afternoo…
