(Gray News) – Dozens of TGI Fridays restaurants abruptly closed within the past week while the chain prepares to declare bankruptcy, according to multiple reports.
The chain’s restaurant locator showed 213 restaurants were open just last week, as opposed to the 163 open as of Wednesday – meaning 50 locations have closed.
According to CNN, TGI Fridays had 270 U.S. locations at the beginning of the year. It previously closed 36 locations in January.
A list of the affected locations has not been released.
According to Bloomberg, TGI Fridays is preparing to file for Chapter 11 bankruptcy. Other large restaurant chains like Red Lobster have declared bankruptcy this year.
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