TGI Fridays Closes , Dozens of Restaurants.<br />Across the U.S., 36 TGI Fridays restaurants have been closed, while eight have been sold to the company's former CEO, Ray Blanchette, NPR reports. .<br />Across the U.S., 36 TGI Fridays restaurants have been closed, while eight have been sold to the company's former CEO, Ray Blanchette, NPR reports. .<br />According to the company, Blanchette "will lead the locations into a new phase of revitalization.".<br />According to the company, Blanchette "will lead the locations into a new phase of revitalization.".<br />Our top priority has always been delivering <br />a superior experience for each and every <br />TGI Fridays guest, and we've identified <br />opportunities to optimize and streamline our <br />operations to ensure we are best positioned <br />to meet – and exceed – on that brand promise, Ray Risley, U.S. President and <br />Chief Operating Officer at TGI Fridays, via statement.<br />By strengthening our franchise model <br />and closing underperforming stores, <br />we are creating an unprecedented <br />opportunity for Fridays to drive <br />forward its vision for the future, Ray Risley, U.S. President and <br />Chief Operating Officer at TGI Fridays, via statement.<br />Over 1,000 transfer options are being <br />offered for 80% of affected staff. .<br />Over 1,000 transfer options are being <br />offered for 80% of affected staff. .<br />As we continue along our path of <br />transformation to revitalize the <br />Fridays brand and implement a <br />long-term growth strategy, we see <br />a bright future for TGI Fridays. , TGI Fridays CEO Weldon Spangler, via statement.<br />We are at the helm of a pivotal <br />moment that will allow us to <br />explore boundless advancement, <br />expansion, and innovation to keep <br />delivering 'That Fridays Feeling™' <br />that our fans know and love, TGI Fridays CEO Weldon Spangler, via statement.<br />237 TGI Fridays locations remain in the U.S. after the recent store closures, NPR reports.
