New York
CNN
—
Some followers of TGI Fridays have been probably stunned this week after they discovered their native restaurant completely closed as a result of the chain abruptly shut down dozens of places across the US.
The chain mentioned in a release that it closed 36 “underperforming” eating places as a part of its “ongoing progress technique,” which additionally consists of additionally a shakeup of its govt ranks and promoting some eating places again to its former CEO.
TGI Fridays launched an inventory of closed eating places to CNN, which encompasses 12 states. New Jersey has probably the most places closed with seven, adopted by six in Massachusetts and 5 in New York. (See the checklist under).
Previous to the closures, TGI Fridays had about 270 US places — a footprint that has dwindled lately. About 80% of “whole impacted workers” have been provided switch alternatives, the corporate mentioned.
“Our prime precedence has all the time been delivering a superior expertise for every TGI Fridays visitor, and we’ve recognized alternatives to optimize and streamline our operations to make sure we’re greatest positioned to satisfy – and exceed – on that model promise,” mentioned Ray Risley, US president and chief working officer, within the launch.
Different adjustments carried out on the practically 60-year-old chain embrace promoting eight beforehand corporate-owned places, all within the Northeast US, to its former CEO Ray Blanchette. He had been TGI Fridays’ chief govt for 5 years till Might 2023.
Blanchette has an “unmatched understanding of the TGI Fridays enterprise and the restaurant’s dedication to delivering excellence for visitors,” the chain mentioned in regards to the sale, including that he’ll “lead the places into a brand new part of revitalization.”
TGI Fridays is privately owned by TriArtisan Capital Advisors, a personal fairness agency, so monetary outcomes aren’t launched. Nonetheless, the corporate mentioned final yr that whole gross sales have been projected to achieve $1.6 billion in 2022 with same-store US gross sales rising at 8% in comparison with 2019.
It additionally modified up its menu in latest months to maintain up with its rivals, notably Applebee’s and Chili’s, by including sushi, refreshing its cocktail menu and giving its appetizer choice a makeover.
Right here’s the total checklist:
- Fresno, California: 1077 E. Herndon Ave. 93720
- Denver, Colorado: 8104 Northfield Blvd., 80238
- Longmont, Colorado: 125 Ken Pratt Blvd., 80501
- Newington, Connecticut: 3025 Berlin Turnpike, 06111
- Ormond Seaside, Florida: 24 Ocean Shore Blvd., 32176
- Royal Palm, Florida: 580 N. State Highway 7, 33411
- Berlin/Marlbourough, Massachusetts: 601 Donald Lynch Blvd., 01752
- Danvers, Massachusetts: 49 Newbury St., 01923
- Dedham, Massachusetts: 750 Windfall Hwy, 02026
- Mansfield, Massachusetts: 280 College St. Suite A100, 02048
- North Attleboro, Massachusetts: 1385 S. Washington St., 02760
- Seekonk, Massachusetts: 1105 Fall River Ave., 02771
- Bowie, Maryland: 15207 Main Lansdale Blvd., 20716
- Columbia, Maryland: 8330 Benson Dr., 21045
- Amherst, New Hampshire: 124 NH-101A Ste. 28, 03031
- Eatontown, New Jersey: 180 NJ-35 Ste. 6000, 07724
- Hacksensack, New Jersey: 411 Hackensack Ave., 07601
- Iselin/Woodbridge, New Jersey: 401 Gill Ln., 08830
- Malrton, New Jersey: 970 Rte. 73 N., 08053
- Princeton, New Jersey: 3535 US-1 #275, 08540
- Springfield, New Jersey: 40 US-22, 07081
- Wayne City Middle, New Jersey: 71 Route 23 South, 07470
- Albany, New York: 1475 Western Ave, 12203
- Bay Shore, New York: 1725 Dawn Hwy., 11706
- Hauppauge, New York: 3045 Expy Drive N., 11749
- Massapequa, New York: 5204 Dawn Hwy., 11762
- Woodbury Township, New York: 5 Centre Dr., 10917
- Willow Grove, Pennsylvania: 2500 W. Moreland Rd., 19090
- Corpus Christi, Texas: 5217 S. Padre Island Dr., 78411
- Houston Almeda, Texas: 12895 Gulf Fwy., 77034
- North Arlington, Texas: 1524 N. Collins Road, 76011
- The Woodlands, Texas: 1105 Lake Woodlands Dr., 77380
- Fredericksburg, Virginia: 1160 Carl D Silver Pkwy, 22401
- Manassas, Virginia: 7401 Sudley Rd., 20109
- Springfield, Virginia: 6751-B Frontier Dr., 22150
- Woodbridge/Potomac Mills, Virginia: 13237 Value Ave., 22192