TGI Fridays closing 36 U.S. locations, sells 8 restaurants to ex CEO
Casual-dining brand agrees to deal with Ray Blanchette as it shutters underperforming locations
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Casual-dining brand agrees to deal with Ray Blanchette as it shutters underperforming locations
TGI Fridays is set to undergo a significant transformation, including the closure of dozens of underperforming stores nationwide and the sale of eight corporate-owned restaurants in the Northeast.
The company hired Ray Risley, Nik Rupp as part of company growth plan.
TGI Fridays hired Ray Risley to serve as U.S. president and chief operating officer and Nik Rupp as president of international markets and chief financial officer.
The casual-dining restaurant company is making changes to its leadership team following the October appointment of Weldon Spangler as CEO