TGI Fridays Is the Latest Fast Casual Franchise to File for Bankruptcy
Labor expenses, inflation and private equity pressures are forcing beloved restaurant brands like TGI Fridays and Red Lobster into bankruptcy, while others close stores to stay afloat.
MORE STORIES LIKE THIS
Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores
Wendy’s CEO Kirk Tanner Steps Down Amid Challenges, Leaving Franchisees Facing Uncertainty
Planet Fitness Franchisees Donate $100K To Support Texas Flood Relief
Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth
Featured Franchise News
Featured Brand News