TGI Fridays’ Struggles in America: Can It Bounce Back?
Once a beloved American dining staple, TGI Fridays is facing tough times in the U.S., filing for Chapter 11 bankruptcy due to rising operational costs, shifting consumer trends, and high debt—now totaling approximately $500 million. But there’s good news for fans in India and other global markets: thanks to its franchise-based model, TGI Fridays’ India operations remain unaffected and continue to thrive independently.
In our latest video, we explore the reasons behind TGI Fridays’ financial troubles in the U.S., the impact of pandemic-related closures, and the high costs of running a casual dining brand today. We’ll also discuss the resilience of TGI Fridays India, which operates autonomously and remains a popular choice for American-style dining across the country.
Can Chapter 11 restructuring provide the breathing room needed for a U.S. comeback? And what can international franchises learn from TGI Fridays’ adaptive approach?