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TGI Fridays close to rescue deal with Breal and Calveton

A rescue deal for the British operations of TGI Fridays is expected to finalize this weekend, saving more than 2,000 jobs.
The deal will include 50 to 55 of the chain's 87 sites and protect at least 2,000 out of over 3,000 jobs.
Following the deal, 35 restaurants will close, resulting in 1,012 redundancies, but nearly 2,400 jobs have been saved overall.

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readingchronicle.co.uk

TGI Friday's could be saved from closure with new rescue deal

The deal would look to save 55 of the 87 restaurants that will have to close, so despite some TGI Fridays being able to stay open, over 1000 jobs…

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Evening Standard

+2 Reposted by 2 other sources

TGI Fridays UK secures rescue deal but 1,000 jobs lost as 35 restaurants shut

Breal Capital and Calveton UK have acquired 51 restaurants after the group’s previous operator fell into administration.

5 months ago·London, United Kingdom

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TGI Fridays in rescue deal but 1,000 jobs lost

A popular American food chain has been bought out, but a number of its restaurants are to close.

5 months ago·Kent, United Kingdom

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Two TGI Fridays restaurants in Scotland to shut immediately with staff made redundant

The TGI branches at Fort Kinnaird in Edinburgh and Dundee's Reform Street will be shutting for good today.

5 months ago·Glasgow, United Kingdom

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Manchester Evening News

TGI Fridays to close 35 UK restaurants immediately

Manchester is among the cities that will see sites closed down from today

5 months ago·Manchester, United Kingdom

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TGI Fridays: 1,000 UK jobs to go despite rescue deal

The deal to save the chain will see more than 30 of its restaurants close.

5 months ago·United Kingdom

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Coverage Details

Total News Sources38

Leaning Left7Leaning Right4Center5Last Updated5 months agoBias Distribution

44% Left

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44% Left

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khbrknews broke the news in 5 months ago on Sunday, October 6, 2024.

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