WASHINGTON: Casual American dining chain TGI Fridays filed for Chapter 11 bankruptcy on Saturday (Nov 2) in the US state of Texas, a company statement said.
The bar and grill chain – known for serving up hamburgers, chicken wings and signature cocktails – said its dozens of restaurants in the United States and abroad would remain open to customers while the company uses the restructuring process to "explore strategic alternatives in order to ensure the long-term viability of the brand."