Saturday, November 2, 2024

TGI Fridays Filed for Bankruptcy and I'm Vaguely Sad For Them

TGI Fridays is nobody's favorite restaurant. I don't know of anyone who outright hates it either, however. It is one of those chains that is simply, "Fine." When you think of a restaurant that has decent food and the occasional good promotion you honestly probably think of Applebee's first. Then...maybe Olive Garden because those breadsticks hit the spot. But then, you think of TGI Fridays, I'd wager. They're good enough food when you're looking for a good enough time. Hence, I wasn't overly upset to see the chain is filing for Chapter 11 bankruptcy protection, but I did feel a slight bit bummed. After all, those potato skins are legit yummy fresh out of the oven.

Still, TGI Fridays has struggled over the years, with the pandemic hitting the brand hard as well as the fact it always seems to lag behind competitors folks think of along with the brand such as Chili's or the aforementioned Bee of Apples. I do hope the company can make things work as Chapter 11 isn't an utter declaration of insolvency like some bankruptcy numbers (I don't understand how exactly it all works). We shall see what can be done to salvage the good-but-not-great name of TGI Fridays in the coming months. Who knows what could happen, after all? Flavor Flav apparently helped save Red Lobster, so anything is possible these days.

No comments:

Post a Comment