A closer look at “TGI Fridays CEO: Bankruptcy Is Behind Us, Focus Turns to Franchisees”, exactly as the source publishes it. Two years after TGI Fridays filed for Chapter 11 bankruptcy, CEO Ray Blanchette says the company has moved on and is now focused on its franchisees. In a recent interview, Blanchette stated that the bankruptcy is never discussed internally, emphasizing that the brand has closed the chapter on its fi In a recent interview, Blanchette stated that the bankruptcy is never discussed internally, emphasizing that the brand has closed the chapter on its financial restructuring.
The casual dining chain, which emerged from bankruptcy in November 2023, now operates over 500 restaurants globally. Blanchette credits the turnaround to a franchise-first strategy, with 90% of locations run by independent operators. The CEO says the company is investing in technology and marketing to support its partners, rather than dwelling on past struggles. This listing links straight to the original page, where the content is available in full.