Tag: franchise
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The Decline of TGI Fridays: An Analysis of Its Path to Bankruptcy
TGI Fridays, once a thriving casual dining chain, has faced significant financial challenges leading to its decline. The Wall Street Journal’s report, “How TGI Fridays Became a Bankrupt Shell of Itself,” delves into the series of missteps and market changes that contributed to the restaurant’s downturn. The analysis highlights the impact of evolving consumer preferences,…