That pretty much sums up the 35-year career of Ray Blanchette, the returning CEO of TGI Fridays. "It's been drinking from a ...

Bankruptcy Blues ​TGI Fridays, the go-to spot for mozzarella sticks, sizzling fajitas, and kitchy decor, now has just 85 U.S.

In November, as TGI Fridays Inc. entered Chapter 11 bankruptcy proceedings, over 160 were scattered across America, according ...

TGI Fridays, the bankrupt casual dining chain, has only 85 restaurants left in the United States, according to its website.

"Since then, the company has sold dozens of restaurants to franchisees, including to Ray Blanchette, the former CEO of the chain, who returned to TGI Fridays in January to lead the beleaguered ...

A national restaurant chain known for its fast-casual American dining and fun atmosphere is down to less than 100 locations in the U.S.

In fact, the brand has spent the last few months selling off locations to its franchisees — including Ray Blanchette, a former CEO who returned to the company in January. Blanchette has ...

Franchisee Ray Blanchette was chosen to lead TGI Fridays and created Sugarloaf TGIF Management. He was previously the chain’s CEO from 2018 to 2023. "The brand, distinct from the entity that ...