TGI Fridays explained
TGI Fridays Franchisor, LLC |
Trade Name: | TGI Fridays |
Type: | Private |
Foundation: | New York City, U.S. |
Founder: | Alan Stillman and Daniel R. Scoggin |
Owner: | TriArtisan Capital Advisors |
Location: | Dallas, Texas, U.S.[1] |
Locations: | 600+ (as of June 2023)[2] [3] 161 (U.S.)[4] |
Area Served: | Worldwide (except for Sub-Saharan Africa) |
Key People: | Weldon Spangler (CEO)[5] |
Num Employees: | 11,000 (2021) |
Products: | Steaks, chicken, seafood, pasta, burgers, sandwiches, salads[6] |
Industry: | Restaurants |
Genre: | Casual dining |
Revenue: | $728 million (2023)[7] |
TGI Fridays Franchisor, LLC, doing business as TGI Fridays, 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 bowdlerized the phrase as "Thank Goodness It's Friday".[9] TGI Fridays operates over 600 locations in 55 countries,[2] [3] including 161 in the United States .[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.
History
20th century
In 1965, Alan Stillman opened the first TGI Fridays restaurant in Manhattan. He lived on 63rd Street between First and York Avenues, in a neighborhood with many airline stewardesses, fashion models, secretaries, and other young, single people on the East Side of Manhattan near the Queensboro Bridge. He hoped that opening a bar would help him meet women. Stillman's choices for socializing were non-public cocktail parties or guys' beer-drinking hangout bars that women usually would not visit; he recalled that "there was no public place for people between, say, twenty-three to thirty-seven years old, to meet." He sought to recreate the comfortable cocktail party atmosphere in public despite having no experience in the restaurant business.
With US$5,000 of his own money and $5,000 borrowed from his mother,[11] Stillman purchased a bar he often visited, The Good Tavern at the corner of 63rd Street and First Avenue, and renamed it TGI Fridays after the expression "Thank God it's Friday!" from his years at Bucknell University.[12] The restaurant opened on March 15, 1965, serving standard American cuisine, bar food, and alcoholic beverages,[13] and emphasized food quality and preparation.[14]
The exterior featured a red-and-white striped awning and blue paint; the Gay Nineties interior included Tiffany-style lamps, wooden floors, Bentwood chairs, and striped tablecloths; and the bar area added brass rails and stained glass. The employees were young men: handsome jocks in form-fitting red-and-white striped soccer shirts;[15] when a patron was celebrating a birthday, the entire restaurant crew came around with a cake and sang TGI Fridays' traditional birthday song. Footage of interviews with patrons from this TGI Fridays was featured in Robert Downey Sr.'s film No More Excuses (1968).[16] The first location closed in 1994 and became a British-style pub called "Baker Street".
Although Malachy McCourt's nearby Malachy's singles bar preceded TGI Fridays[17] and Stillman credited the media for creating the term, he had unintentionally created one of the first singles bars. It benefited from the near-simultaneous availability of the birth-control pill and Betty Friedan's book The Feminine Mystique:
TGI Fridays was one of the first to use promotions such as ladies' night, and Stillman achieved his hopes of meeting women; "Have you seen the movie Cocktail? Tom Cruise played me!...Why do girls want to date the bartender? To this day, I'm not sure that I get it." He and the restaurant benefited from its location—according to Stillman, 480 stewardesses lived in the apartment building next door—and received publicity in national magazines. TGI Fridays became so popular that it had to install ropes to create an area for those waiting in line, also unusual at the time for a restaurant. A competitor, Maxwell's Plum, opened across the street, and others soon followed.
With fellow Bucknell University graduate Ben Benson, Stillman opened other restaurants, including Tuesday's, Thursday's, Wednesday's, and Ice Cream Sunday's. Franchising of TGI Fridays began two years after the Manhattan location opened, in a since-closed location in Memphis, Tennessee's Overton Square district.
In 1971, Daniel R. Scoggin acquired the rights to eight major Midwest cities. In 1972, he opened with the first of a new prototype in Dallas. The raised square bar and multilevel dining became the company standard. Dallas doubled the sales and tripled profits of TGI Fridays' previous best. Families began visiting the new suburban locations during the day for casual food; "it took six or seven years, but T.G.I. Fridays became a very different animal", Stillman said. Attracted by this performance, he merged into the Dallas franchise forming TGI Fridays, Inc., and Scoggin was the CEO for the next 15 years. Scoggin is credited with the then-new 200 seat prototype and many of the TGI Fridays innovations including a large from-scratch menu, potato skins, bartender Olympics, and frozen drinks.
In 1975, the company was sold to Carlson Companies, and Stillman and the original investors departed. Stillman kept the original location and, now married, founded Smith & Wollensky in 1977 with Benson. Scoggin continued as CEO on an earn-out contract and finalized his sale in 1980,[18] [19] [20] signing a new contract to continue as the company's CEO.
When the company was passing through the 100-store mark, it issued an initial public offering in 1983 with Goldman Sachs. Scoggin developed the first international franchise and the template for future international development. The first restaurant was opened in the UK with Whitbread PLC. By the time Scoggin departed in 1986, the company had widened its appeal: alcohol consumption was de-emphasized, and quality was emphasized over quantity. The company became privately held again in 1989. The focus was then switched from singles to families.
A brand extension, combining the TGI Fridays concept with the atmosphere of a sports bar, called "Fridays Front Row Sports Grill", is found at two Major League Baseball stadiums which each overlook the playing field: Chase Field in Phoenix, Arizona and Miller Park in Milwaukee. There was also a Friday's Front Row Grill for a few seasons at Globe Life Park, then the Texas Rangers home field.
21st century
The chain peaked in 2008, having 601 restaurants in the US generating $2 billion in revenue. By 2023, sales had fallen to $728 million.[7]
In October 2009, Haymarket broke the world record for biggest profit made in any week, throughout TGI Fridays' history, and it has been home to several past winners from the bartenders Olympics, a contest started by Scoggin.[21]
On May 20, 2014, TGI Fridays was resold to Sentinel Capital Partners and TriArtisan Capital Partners.[22] In October 2019, TriArtisan bought out Sentinel's remaining stake.[23]
Allegro Merger began working towards taking Fridays public in 2019, buying it away from MFP Partners and TriArtisan Capital,[24] [25] but withdrawing in April 2020.[26]
Utz Quality Foods entered a marketing agreement with Inventure Foods in 2017 to use the "TGI Fridays" name for some of its snacks.[27]
In the UK, TGI Fridays re-branded to "Fridays", dropping the "TGI" prefix during 2020.[28] About three years later, the naming reverted to "TGI Fridays".[29]
In March 2022, the first "Fridays and Go", a takeaway and quick service version[30] of TGI Fridays, launched in Dundee, Scotland.[31] Despite initial plans to open up to thirty other branches, it remained the sole example[32] until it closed in October 2024 following the sale of the bankrupt UK franchise.[33]
In October 2023, the operator of all of the TGI Fridays locations in Brazil, SouthRock Capital, declared bankruptcy, continuing to operate most TGI Fridays locations normally while closing a few underperforming ones, while restructuring through the bankruptcy procedure.[34]
On January 4, 2024, the US chain abruptly closed 36 underperforming restaurants and sold eight more to former CEO Ray Blanchette. Most employees were offered transfer to other locations.[35] [36]
In April 2024, Fridays entered an agreement to combine US franchises with those in the UK and go public on the London Stock Exchange. The franchises were run by Hostmore LLC and sold by MFP Partners.[37]
Friday's entered a licensing agreement with Kraft Heinz in May of 2024 to sell Fridays-branded appetizers in supermarkets.[38]
In September 2024, Hostmore LLC, the operator of the UK chain, went into administration,[39] [40] putting an estimated 4,500 jobs at risk.[41] Calveton UK and Breal Captial acquired 51 sites a month later, but excluded 35 sites which closed with immediate effect, resulting in the loss of 1,012 jobs.[42]
On October 19, 2024, TGI Fridays announced it was seeking financing as it warned that it was preparing to file for Chapter 11 bankruptcy in the United States within the coming weeks. The company blamed its failed turnaround caused by rising interest rates, increased competition and heavy debt.[43] On November 2, 2024, TGI Fridays filed for Chapter 11 bankruptcy.[44] [45] The company's press release specifically cited its capital structure as one primary driver of its bankruptcy filing.[46]
Controversies
- In 2013, as part of "Operation Swill", investigators in New Jersey raided 17 TGI Fridays franchised restaurants owned by The Briad Group. They found that the bars were replacing premium brand alcoholic beverages with lower-cost brands yet charging patrons for the more expensive liquor.[47] [48]
- In 2018, a tipping policy change prompted strikes across TGI Fridays restaurants in the United Kingdom as waiting staff took issue with a decision to redistribute 20% of customer tips paid by card to kitchen staff in lieu of a raise.[49] [50] [51]
- In 2022, during the Russian invasion of Ukraine, TGI Fridays refused to join the international community and withdraw from the Russian market. Research from Yale University first published on February 28, 2022, examined how companies were reacting to Russia's invasion, and categorised TGI Fridays as "Digging In" (Defying Demands for Exit or Reduction of Activities).[52] TGI Fridays issued a statement saying that it stood with the people of Ukraine, that the decision whether to close was for local franchisees to make, and that any proceeds received would be donated to Mercy Chefs, an organisation supporting humanitarian efforts in Ukraine.[53]
- In 2022, the US restaurants faced a class-action lawsuit over the content of the TGI Fridays-branded mozzarella stick appetizer manufactured by Inventure Foods, sold in grocery stores. Litigants claimed the sticks contained no mozzarella cheese.[54] Inventure Foods settled the claims for $900,000, agreeing to pay up to $6 per household, in February 2024.[55]
Franchises
TGI Fridays is a franchising operation, with franchisees owning most of the outlets. In 2011, the largest franchisee was The Briad Group in New Jersey, which ran 72 restaurants in six states.[56] [57] Briad sold its franchises in 2020.[57]
Whitbread PLC, with 45 locations in the United Kingdom, was a major international franchisee until 2007. On January 17, 2007, Whitbread sold operating rights of all 45 restaurants back to TGI Fridays UK Limited (a consortium consisting of Carlson Restaurants Worldwide Inc. and ABN Amro Capital) thus exiting a partnership formed in 1986.[58]
TGI Fridays has also been used as a restaurant for hotels run by Country Inns & Suites by Carlson brand. In 2014 the investment trust Electra Private Equity bought Fridays' British subsidiary with 66 sites across the UK. In 2021 Electra spun off its hospitality business, including Fridays in the UK, as Hostmore PLC.[59] On 18 September 2024 Hostmore PLC entered administration; all UK restaurant locations were offered for sale.[60] [61] 51 sites were sold the following month, while a further 35 closed.[42]
List of countries with TGI Fridays
Americas
Asia
Country | Number of franchises | Notes and references |
---|
Azerbaijan | 1 | |
Bahrain | 2 | |
China | 2 | |
India | 3 | [79] |
Indonesia | 1 | |
Japan | 13 | [80] |
Kuwait | 10 | |
Malaysia | 10 | [81] |
Philippines | 27 | [82] |
Qatar | 3 | |
Russia | 1 | [83] |
Saudi Arabia | 18 | |
Sri Lanka | 2 | |
Taiwan | 16 | [84] [85] |
United Arab Emirates | 11 | | |
Europe
Country | Number of franchises | Notes and references |
---|
Belarus | | |
Cyprus | 9 | [86] |
Greece | 9 | [87] [88] |
Hungary | 0 | Exited the franchise on May 18, 2024 |
Iceland | | |
Ireland | 2 | [89] |
Netherlands | 0 (bankruptcy) | [90] |
Norway | 4 | |
Russia | 13 | [91] |
Spain | 13 | [92] |
Sweden | 3 (bankruptcy) | [93] [94] |
United Kingdom | 51 | [95] | |
Oceania
Country | Number of franchises | Notes and references |
---|
Australia | 20 | [96] |
Guam | 1 | [97] | |
Planned markets
Country | Notes and references |
---|
New Zealand | Announced in 2022[98] |
Singapore | Announced in 2022[99] | |
Design
The newer TGI Fridays franchises (as well as redesigned restaurants) are more contemporary, with wallpaper, granite exteriors, and red-and-white striped lamps instead of Tiffany. The exteriors have stucco, the entrance doors have F-shaped handles, and a metal cup above the door has a stripe saying "In Here, It's always Friday". The logo design was evolved in 2013 by Jane MacDowall and her creative team in Scotland. Most TGI Fridays have a propeller and a rowing scull on display as part of their antiques, which are actually a part of a story told to all TGI Fridays employees; the scull always contains a pair of saddle shoes and a bottle of champagne to remind employees of the value of teamwork, leadership, and celebrating success. The propeller is always above or near the bar. The thought is that the bar "propels" the restaurant.[100] [101] [102]
Menu
Fridays has a large menu with an emphasis on alcoholic beverages.[103] These drinks come in liquid as well as frozen form and TGI often runs specials or creates unique drinks based on seasonality and location.
TGI Fridays formerly served Atkins-approved appetizers, entrées, and desserts.[104] In 2006, the Atkins name was removed from the menu when Atkins filed for bankruptcy,[105] but the restaurant continues to offer both low-carbohydrate and low-fat menu items. The UK and US menus offer gluten-free items.[106]
See also
Notes and References
- Web site: TGI Fridays trims staff, shifts corporate office from Carrollton to 'fun' space in Dallas. March 11, 2016 . Karen . Robinson-Jacobs . Dallas News.
- Web site: Franchise Opportunities . TFI Fridays . June 15, 2023.
- Web site: TGI Fridays announces chief executive officer transition . TGI Fridays . October 2, 2018 . October 12, 2018 .
- Web site: TGI Fridays Restaurant Locations . January 7, 2023. locations.tgifridays.com.
- Web site: TGI Fridays Names Weldon Spangler as Chief Executive Officer . en . PR Newswire . 2023-10-31 . 2024-11-05.
- Web site: TGI Fridays Restaurant & Bar. tgifridays.com.
- Web site: O'Brien . Matt . TGI Fridays files for bankruptcy protection as sit-down restaurant struggles continue . Associated Press . 27 November 2024 . en . 2 November 2024.
- Web site: Sentinel in talks to sell TGI Fridays's stake. subscription . Luisa . Beltran . PE Hub. November 4, 2019. November 4, 2019. https://web.archive.org/web/20191104172216/https://www.pehub.com/buyouts/sentinel-in-talks-to-sell-tgi-fridayss-stake/. dead.
- Web site: TGI Fridays Restaurants Timeline . https://web.archive.org/web/20090117123911/http://tgifridays.com/News/timeline.htm . January 17, 2009 . tgifridays.com. .
- Web site: Valinsky . Jordan . TGI Fridays abruptly closes dozens more locations as a reported bankruptcy nears . CNN . 2024-10-28 . 2024-10-28.
- Web site: AGENTS of CHANGE . Patton, Phil . December 1994 . American Heritage . https://web.archive.org/web/20080906172634/http://www.americanheritage.com/articles/magazine/ah/1994/8/1994_8_88_print.shtml . September 6, 2008 .
- News: A Grown-Up Takes the Long View . February 23, 2011 . Witchel, Alex . December 30, 2008 . New York Times.
- Web site: Twilley . Nicola . Ninivaggi . Krista . A Cocktail Party In The Street: An Interview With Alan Stillman . Edible Geography . May 2, 2022 . November 15, 2010.
- News: Stillman: Fridays filled a generation's need . February 22, 2011 . Prewitt, Milford . March 29, 1993 . Nation's Restaurant News.
- Book: Simonson, Robert. Robert Simonson. A Proper Drink: The Untold Story of How a Band of Bartenders Saved the Civilized Drinking World. Ten Speed Press. 2016. 978-1-60774-754-3. 933567553.
- Web site: Koresky . Michael . Eclipse Series 33: Up All Night with Robert Downey Sr. . . July 16, 2019 . May 22, 2012 . Codirected with Downey's sometime editor Robert Soukis, it was originally conceived as a showcase for footage left over from a five-minute ABC news segment Downey had been hired to shoot about the singles-bar scene on New York's Upper East Side (including the original T.G.I. Friday's). In these segments, the offscreen director asks various partiers, in clubs and on the street, their thoughts about the “so-called sexual revolution.”.
- News: F.Y.I . subscription. https://web.archive.org/web/20240518143920/https://www.nytimes.com/1998/12/27/nyregion/fyi-582921.html. 18 May 2024. Schneider, Daniel B. . December 27, 1998 . New York Times.
- News: Granddaddy of singles bars: a look at T.G.I. Fridays today . February 22, 2011 . September 1, 1986 . Nation's Restaurant News.
- Book: Handbook of Marketing Research Methodologies for Hospitality and Tourism . Dr. Ronald A . Nykiel . 2007 . 9780789034267 . Routledge.
- High Profile, "Dan Scoggin", The Dallas Morning News, Sunday, January 27, 1985, Section E
- News: TGI Fridays forges ahead in 'unfriendly' territory – Europe . https://web.archive.org/web/20140102192041/http://business.highbeam.com/409700/article-1G1-15135623/tgi-friday-forges-ahead-unfriendly-territory . dead . January 2, 2014 . Nation's Restaurant News . Richard . Martin . April 18, 1994.
- News: Fridays, Red Lobster: Casual dining for sale . America's Markets (USA Today) . May 20, 2014 . dead . http://web.archive.org/web/20140724011133/http://americasmarkets.usatoday.com/2014/05/20/fridays-red-lobster-casual-dining-for-sale/ . 2014-07-24 . Bruce . Horovitz.
- Web site: Sentinel in talks to sell TGI Fridays's stake. PE Hub. November 19, 2019. November 4, 2019. https://web.archive.org/web/20191104172216/https://www.pehub.com/buyouts/sentinel-in-talks-to-sell-tgi-fridayss-stake/. dead . 2019-10-08 . Luisa . Beltran.
- Web site: TGI Fridays will no longer go public in wake of coronavirus . Emma Liem . Beckett . 2019-11-08 . Restaurant Dive.
- Web site: FAQ . TGI Fridays . Is Fridays and TGI Fridays the same? . 2024-11-09.
- Web site: TGI Fridays' $380M deal is called off. Peter . Romeo . Jonathan . Maze . 2020-04-06 .
- Web site: Utz agrees to purchase Nathan's Famous, TGI Fridays snack company . Keith . Schweigert . 2017-10-31 . fox43.com.
- Web site: TGI Fridays becomes Fridays in brand shake-up . . Henry . Wong . 2020-07-06 . 2024-11-09.
- Web site: TGI Fridays returns to roots following brand update . transformmagazine.net . Jack . Cousins . June 28, 2023 . 2024-11-09.
- Web site: https://web.archive.org/web/20220119124016/https://www.thecaterer.com/news/fridays-launch-first-fridays-and-go-dundee. January 19, 2022. Fridays to launch first Fridays and Go concept in Dundee . September 19, 2024. Katherine . Price . The Caterer.
- Web site: 'World first' Fridays takeaway's grand opening in Dundee. https://web.archive.org/web/20220316203820/https://www.thecourier.co.uk/fp/news/dundee/3108941/tgi-fridays-takeaway-opens-dundee/. March 16, 2022. March 16, 2022. September 19, 2024 . Caroline . Spencer . The Courier.
- Web site: https://web.archive.org/web/20240414193516/https://www.tgifridays.co.uk/takeaway/fridays-and-go. Fridays And Go. September 19, 2024. April 14, 2024. tgifridays.co.uk. Fridays And Go - Takeaway at Dundee [..] 26-28 Reform Street, Dundee, DD1 1RH [..] ABOUT FRIDAYS AND GO DUNDEE [no other branches listed ].
- Web site: https://web.archive.org/web/20241007193344/https://www.thecourier.co.uk/fp/news/dundee/5098463/fridays-reform-street-dundee-close/. October 7, 2024. October 7, 2024. October 7, 2024. Andrew Robson. Dundee's Fridays and Go permanently shuts as TGI Fridays closes several UK restaurants. The Courier.
- Web site: Brazil court okays bankruptcy protection for TGI Fridays, Starbucks operator. December 12, 2023. December 14, 2023. Nasdaq. en.
- News: Valinsky . Jordan . TGI Fridays abruptly closes 36 'underperforming' restaurants. CNN Business . 4 January 2024 . 4 January 2024 . en.
- News: Tenser . Phil . No more Fridays: Restaurant chain closes nearly half of Mass. locations . 4 January 2024 . WCVB . 4 January 2024 . en.
- Web site: TGI Fridays enters $220M agreement to combine with UK franchisee . Julie . Littman . 2024-04-16 . Restaurant Dive.
- Kraft Heinz and TGI Fridays ® Announce New Perpetual Licensing Deal to Sell TGI Fridays Branded Frozen Appetizers in Retail . 2024-05-01 . 2024-11-02.
- News: Davison . Tamara . 2024-09-18 . TGI Fridays collapses into administration: the UK restaurants affected . 2024-09-18 . Evening Standard.
- News: 2024-09-18 . Restaurant in Bournemouth at risk of closing as administrators called . Matt . Simpson . 2024-09-18 . Bournemouth Echo.
- News: 2024-09-18 . 4,500 jobs at risk as TGI Fridays enters administration . Mitchell . Labiak . 2024-09-18 . BBC News.
- News: Croft . Jane . TGI Fridays secures rescue deal but more than 1,000 UK jobs lost . 27 November 2024 . The Guardian . 7 October 2024 . https://web.archive.org/web/20241007172655/https://www.theguardian.com/business/2024/oct/07/tgi-fridays-secures-rescue-deal-but-more-than-1000-uk-jobs-lost . 7 October 2024 . Calveton UK and Breal Capital [have] bought 51 sites from [the administrators, with] the transfer of 2,389 employees [however] 35 restaurants were not included within the sale and so have been closed with immediate effect, resulting in 1,012 job losses..
- News: TGI Friday's Seeks New Financing in Preparation for Bankruptcy. Basu. Reshmi. Ronalds-Hannon. Eliza. October 19, 2024. October 19, 2024. Bloomberg. en.
- Web site: TGI Friday's Is Latest Casual Dining Chain to Go Bankrupt. Randles. Jonathan. November 2, 2024. November 2, 2024. Bloomberg. en.
- Web site: TGI Fridays Files For Bankruptcy Protection As Sit-Down Restaurant Struggles Continue. O'Brien. Matt . November 2, 2024. November 3, 2024. Associate Press. en.
- Web site: TGI Fridays Inc Files Voluntary Chapter 11 Petitions to Address Legacy Liabilities and Position Restaurants for Long-Term Success . November 2, 2024. November 8, 2024. tgifridays. en.
- News: Morley . Hugh . N.J. raids restaurants in Bergen, Passaic counties in liquor scam probe . May 23, 2013 . NorthJersey.com . May 22, 2013 . dead . http://web.archive.org/web/20130803110728/http://www.northjersey.com/news/208510021_NJ_raids_Bergen__Passaic_restaurants_in_liquor_scam.html . 2013-08-03.
- News: Gingras . Brynn . 13 TGI Fridays in New Jersey Accused of Faking Premium Liquor . May 23, 2013 . NBC 4 New York . May 23, 2013.
- News: Butler . Sarah . 2018-05-18 . TGI Fridays staff go on strike in UK's first dispute over tipping . en-GB . The Guardian . 2023-04-21 . 0261-3077.
- Web site: Turak . Natasha . TGI Fridays staff stage walkout in the UK over tips dispute, threaten 'summer of disruption' . 2023-04-21 . CNBC . May 18, 2018 . en.
- Web site: TGI Fridays: Taking Food From the Mouths of Workers . 2023-04-21 . tribunemag.co.uk . en-GB . Taj . Ali.
- Web site: . Over 750 Companies Have Curtailed Operations in Russia—But Some Remain . . live. https://web.archive.org/web/20220616082544/https://som.yale.edu/story/2022/over-1000-companies-have-curtailed-operations-russia-some-remain. 16 June 2022. Originally published 28 February 2022, continuously updated. 9 November 2024 .
- Web site: Statement on Restaurants in Russia. TGI Fridays. 11 March 2022.
- Web site: Maker of TGI Fridays 'Mozzarella Sticks' sued for containing no mozzarella, just cheddar . Orlando . Mayorquin . . 2022-12-01.
- Web site: Inventure Foods, TGI Friday's false advertising $900K class action settlement . Top Class Actions. February 2024.
- Web site: The Briad Group . https://web.archive.org/web/20110607163221/http://www.hoovers.com/company/The_Briad_Group/rrfkryi-1.html . June 7, 2011 . February 14, 2021 .
- Web site: History . briad.com . 2024-11-02.
- Web site: WHITBREAD PLC SELLS TGI FRIDAY'S BUSINESS. December 15, 2007. October 30, 2007. https://web.archive.org/web/20071030214326/http://www.whitbread.co.uk/media.cfm?id=press_releases_archive&view=215. dead . 2007-01-17.
- Web site: Our Story | Hostmore plc. Hostmore.
- Web site: TGI Fridays acquisition falls through, bondholders seize assets . Aneurin . Canham-Clyne . 2024-09-09 . Restaurant Dive.
- Web site: TGI Fridays' U.K. owner Hostmore files for administration after reverse takeover fails . Joanna . Fantozzi . 2024-09-23 . National Restaurant News.
- Web site: فروعنا. January 24, 2017 . ar.
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- News: 12 March 2024 . TGI Fridays i konkurs – hyrestvisten i Kungsträdgården sänkte kedjan . live . https://web.archive.org/web/20240330175234/https://www.svt.se/nyheter/lokalt/stockholm/tgi-fridays-i-konkurs-hyrestvisten-i-kungstradgarden-sankte-kedjan . 30 March 2024 . 30 March 2024 . SVT Nyheter.
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- Web site: Now TGI Friday's puts Atkins on the menu . James . Doran . 2023-12-06 . . 2024-11-09.
- Web site: Atkins Nutritionals Files for Bankruptcy . . 2005-08-01 . Jack . Speer.
- Web site: Nutritional Values . 2024-11-09 . tgifridays.com.