TGI Fridays U.K. loses 36 stores and 1,000 jobs despite rescue deal

TGI Fridays U.K. loses 36 stores and 1,000 jobs despite rescue deal

155.00 £
Art, collections
Tuesday 03:28
Italy
Emilia-Romagna
Comenzano Get directions →
3641 Rb - Middenweg 77
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ID: 100162
Published 2 days ago by RamonToth58
155.00 £
In Art, collections category
Middenweg 77, 3641 Rb Comenzano, Emilia-Romagna, Italy
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The United Kingdom division of casual-dining chain TGI Fridays is saved for News Today now after private equity firms, Breal Capital and Calveton U.K., have jointly acquired 51 out of the 87 TGI Fridays stores put up for sale by former U.K. TGI Fridays master franchisee, Hostmore PLC. According to The Independent, although nearly 2,400 jobs were saved across the remaining 51 U.K. locations of the American chain, News Today the remaining 36 stores were shuttered immediately, leaving 1,012 former TGI Fridays employees now out of work. Read more

Published on 2025/01/28

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The United Kingdom division of casual-dining chain TGI Fridays is saved for News Today now after private equity firms, Breal Capital and Calveton U.K., have jointly acquired 51 out of the 87 TGI Fridays stores put up for sale by former U.K. TGI Fridays master franchisee, Hostmore PLC. According to The Independent, although nearly 2,400 jobs were saved across the remaining 51 U.K. locations of the American chain, News Today the remaining 36 stores were shuttered immediately, leaving 1,012 former TGI Fridays employees now out of work.

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RamonToth58
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