Bisnow1d
TGI Fridays Will Sell 9 Locations To Pay Down Debt
A Mexico-based operator of restaurants at airports and cruise terminals outbid former TGI Fridays CEO Ray Blanchette by $2M.
TGI Fridays’ ex-CEO—who introduced sushi to a restaurant chain famous for potato skins and mozzarella sticks—will step up to oversee hundreds of locations post-ban…
Ray Blanchette, who served as TGI Fridays’ CEO from 2018 to 2023, will manage more than 400 locations of the chain. TGI ...
TGI Fridays was once a hot spot. Now it's dealing with bankruptcy.
Dallas-based TGI Fridays is selling nine corporate-owned locations, including five at Dallas-Fort Worth International Airport ...
TGI Fridays sells DFW Airport restaurants for $34.5 million
North Texas-based casual restaurant chain TGI Fridays has agreed to sell its locations in the Dallas Fort Worth International ...
Nation's Restaurant News4d
Mera Global outbids ex-Fridays CEO for airport locations in $34.5M auction
Mera Global LLC, a Mexico-based company, has been awarded the purchase of five TGI Fridays units at the Dallas-Fort Worth ...
Restaurant Business4d
TGI Fridays franchisee to acquire bankrupt restaurants for $34.5M
Cancun-based Mera Corp. outbid former Fridays’ CEO Ray Blanchette for a group of nine locations, including five at the Dallas ...
TGI Fridays Ex-CEO Blanchette to Take Over Chain’s Management
Ray Blanchette’s company Sugarloaf Hospitality to manage over 400 franchised restaurants following TGI Fridays’ bankruptcy.
TGI Friday’s Sells Dallas Airport Outlets for $34.5 Million
TGI Friday’s Inc. has struck a deal to sell its outlets in the Dallas Fort Worth International Airport and a handful of other ...
Houston Chronicle4d
TGI Fridays was once a hot spot. Now it's dealing with bankruptcy.
Mera snagged the nine locations after outbidding former CEO Ray Blanchette, whose company Sugarloaf Hospitality offered $30 million for the restaurants. The sale to Mera was approved at a Dallas ...