TGI Fridays operator files for Chapter 11 bankruptcy amid financial woes

TGI Fridays operator, Briad Restaurant Group, has filed for Chapter 11 bankruptcy protection amidst struggles with financial conditions made worse by the COVID-19 pandemic. This bankruptcy filing allows the company to continue its operations while it develops a plan to pay its debts. Briad Restaurant Group operates numerous TGI Fridays locations in the U.S., and this bankruptcy will help address their liquidity issues while they attempt to restructure and recover their financial health. This does not necessarily mean that TGI Fridays as a whole