TGI Fridays

TGI Fridays Franchisor, LLC
TGI Fridays
Company typePrivate
IndustryRestaurants
GenreCasual dining
FoundedMarch 15, 1965; 59 years ago (1965-03-15)
New York City, U.S.
FounderAlan Stillman and Daniel R. Scoggin
HeadquartersDallas, Texas, U.S.[1]
Number of locations
600+ (as of June 2023)[2][3]
164 (U.S. as of 28 October 2024)[4]
Area served
Worldwide (except for Sub-Saharan Africa)
Key people
Weldon Spangler (CEO)[5]
ProductsSteaks, chicken, seafood, pasta, burgers, sandwiches, salads[6]
Revenue$728 million (2023)[7]
OwnerTriArtisan Capital Advisors
Number of employees
11,000 (2021)
Websitetgifridays.com

TGI Fridays Franchisor, LLC, doing business as TGI Fridays,[a] is an American casual dining restaurant chain focusing primarily on American cuisine.[8] The restaurant's founder said the name stood for "Thank God It's Friday", although the chain's television commercials as of 2010 bowdlerized the phrase as "Thank Goodness It's Friday".[9] TGI Fridays operates over 600 locations in 55 countries,[2][3] including 164 in the United States as of October 2024.[10] The chain filed for bankruptcy in the United States on November 2, 2024. Only the 39 restaurants directly owned by TGI, not franchised locations, are affected by the bankruptcy filing.

  1. ^ Robinson-Jacobs, Karen (March 11, 2016). "TGI Fridays trims staff, shifts corporate office from Carrollton to 'fun' space in Dallas". Dallas News.
  2. ^ a b "Franchise Opportunities". TFI Fridays. Retrieved June 15, 2023.
  3. ^ a b "TGI Fridays announces chief executive officer transition" (PDF). TGI Fridays. October 2, 2018. Retrieved October 12, 2018.[permanent dead link‍]
  4. ^ "TGI Fridays Restaurant Locations". locations.tgifridays.com. Retrieved January 7, 2023.
  5. ^ "TGI Fridays Names Weldon Spangler as Chief Executive Officer". PR Newswire. October 31, 2023. Retrieved November 5, 2024.
  6. ^ "TGI Fridays Restaurant & Bar". tgifridays.com.
  7. ^ Cite error: The named reference YahooChapter was invoked but never defined (see the help page).
  8. ^ Beltran, Luisa. "Sentinel in talks to sell TGI Fridays's stake". PE Hub. Archived from the original on November 4, 2019. Retrieved November 4, 2019.
  9. ^ "TGI Fridays Restaurants Timeline". tgifridays.com. Archived from the original on January 17, 2009..
  10. ^ Valinsky, Jordan (October 28, 2024). "TGI Fridays abruptly closes dozens more locations as a reported bankruptcy nears". CNN. Retrieved October 28, 2024.


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