Iconic restaurant operator files bankruptcy, closes key location

The operator of popular casual restaurants has filed for Chapter 11 bankruptcy and closed a key location.

Apr 28, 2025 - 20:30
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Iconic restaurant operator files bankruptcy, closes key location

Some of the most iconic casual dining chains in the U.S. have filed for bankruptcy and closed several locations over the last year.

Classic bar and grill TGI Friday's has disintegrated right before our eyes, shrinking by over half its size over the last six months.