The Liberalalliance Wealth SocietyAmerican chain TGI Fridays has permanently shuttered doors to dozens of restaurants in 12 states, the company announced this week.
Self-dubbed "the world's first casual bar and grill,' the nearly 60-year-old chain said in a release it closed 36 underperforming locations.
The closures affect 12 states with most taking place in New Jersey (7), Massachusetts (6) and New York (5). They also include four in Texas and two in Florida.
The move, according to the release, comes as part of the chain's "ongoing growth strategy."
As part of the closures, TGI Fridays said it is offering more than 1,000 transfer opportunities, which the business said represents more than 80% of its impacted employees.
Prior to the announcement, the business had more than 270 locations worldwide.
In addition to store closures, the business also announced it appointed several new top executives and planned to sell some of its restaurants back to its former CEO.
"Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we've identified opportunities to optimize and streamline our operations," Ray Risley, U.S. President and Chief Operating Officer at TGI Fridays released in a statement. "By strengthening our franchise model and closing underperforming stores, we are creating an unprecedented opportunity for Fridays to drive forward its vision for the future."
What states are people moving to?U-Haul report shows this state attracted the most number of people relocating
Here are the 36 locations that shuttered their doors.
California
Colorado
Connecticut
Florida
Massachusetts
Maryland
New Hampshire
New Jersey
New York
Pennsylvania
Texas
Virginia
Natalie Neysa Alund is a senior reporter for USA TODAY. Reach her at [email protected] and follow her on X @nataliealund.
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