All the updated news related to tgi fridays

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City

Hostmore shares tank after US TGI Fridays takeover falls through

Hostmore has said it has dropped plans to buy TGI Fridays in the US for £177 million, leading its shares to tank by more than 90%. The deal was set to see Hostmore, which runs 87 restaurants in the UK, merge with US-based TGI Fridays Inc, to create ...

09 Sept 2024 at 10:07

City

TGI Fridays: Full list of UK restaurants shutting down and remaining open

A rescue deal for TGI Fridays has seen 51 restaurants acquired by new owners after the previous UK operator collapsed into administration. However, 35 restaurants were not included in the sale and have been shut immediately, resulting in more than ...

07 Oct 2024 at 18:38

City

Fridays owner posts festive sales boost despite cost-of-living crisis

Christmas bookings jumped at restaurant chain Fridays as families shrugged off pressure from the cost-of-living crisis. Hostmore, the parent group of the chain, said it saw “an improvement” in trading over the latter half of 2023 after pushing ...

16 Jan 2024 at 13:45

City

TGI Fridays operator Hostmore narrows losses after cost-cutting

TGI Fridays operator Hostmore has narrowed its losses for the past year as it pushed forward with its turnaround strategy. The UK hospitality company reported lower revenues in the face of the challenging backdrop for hospitality firms. The ...

03 May 2024 at 11:08

City

TGI Fridays operator falls into administration as it scrambles to sell chain

The UK operator of TGI Fridays has gone into administration as the hospitality firm scrambles to sell its chain of 87 restaurants across the country. Hostmore said it had appointed joint administrators from Teneo. The company is in the ...

18 Sept 2024 at 14:40

News

Midwife’s affordable online courses to prepare mums-to-be for childbirth reach 10,000 women worldwide while her videos are viewed a million times

A midwife who launched two online courses to help prepare mums-to-be for childbirth ended up supporting thousands of women worldwide when the pandemic hit – with some of her videos being viewed up to a million times. Remembering how ...

23 Dec 2021 at 08:33

City

‘Game over’ for TGI Fridays’ UK owner Hostmore as shares plummet 90%

TGI Fridays’ UK owner Hostmore is set to be wound down in a move that could wipe out its shareholders, after revealing it had dropped plans to buy the US restaurant chain for £177 million. Shares in the London-listed company tanked ...

09 Sept 2024 at 11:37

City

TGI Fridays owner Hostmore scraps second cocktail bar brand after three years

TGI Fridays owner Hostmore said its sales have waned this year, as the hospitality group confirmed the closure of its second cocktail bar and restaurant brand just three years after launch. The UK firm said the remaining 63rd+1st ...

03 Jun 2024 at 12:45

City

TGI Fridays UK secures rescue deal but 1,000 jobs lost as 35 restaurants shut

TGI Fridays will remain on UK high streets following a rescue deal for the chain, but more than 1,000 staff have lost their jobs with the immediate closure of 35 restaurants. Breal Capital and Calveton UK have acquired 51 ...

07 Oct 2024 at 18:41

City

TGI Fridays owner delays restaurant openings in cost-cutting drive

The owner of restaurant chain TGI Fridays has revealed a drop in earnings as it delays new restaurant openings to 2025 in a bid to save more money. But Hostmore said it was already benefiting from inflation of food, ...

29 Sept 2023 at 11:37

City

TGI Fridays hails ‘comeback’ with new menu launch after UK chain rescued

TGI Fridays has hailed a “comeback” with a new menu and plans to revitalise restaurants after the chain secured a rescue deal last year but made a string of closures. The US-themed restaurant and cocktail bar said ...

04 Jul 2025 at 12:43

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