Restaurant chain files for bankruptcy

» Published: November 02 2024

Restaurant chain files for bankruptcy
Photo: Lisa Arfwidson/SVD/TT

Share this article

The American restaurant chain TGI Friday’s has applied for a so-called chapter 11 procedure at a bankruptcy court in Texas, USA.

The restaurant chain, which has had economic problems for a longer period, currently has 39 restaurants on the American market. According to the chain, a dozen restaurants will remain open during the reconstruction process itself.

In the spring, the company that operates TGI Friday's in Sweden was declared bankrupt.

Loading related articles...

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers
Loading related posts...