Consumer TGI Fridays: news as owner Hostmore puts every UK location up for sale after major deal fails - full list By Alex Nelson Jobs and finance writer Comment Published 17th Sep 2024, 15:20 BST Updated 17th Sep 2024, 15:21 BST Watch more of our videos on ShotsTV.com and on Freeview 262 or Freely 565 Visit Shots! now The chain’s owners are selling all UK locations and looking to move to a fully franchise-operated model 🍽️ The UK owner of TGI Fridays, is selling all 87 locations and transitioning to a fully franchise-operated model Hostmore abandoned a £177 million acquisition plan for a US restaurant chain earlier this month, leading to a 90% drop in its share price It is expected to be wound up and delisted from the London Stock Exchange by the end of the month The sale of TGI Fridays UK outlets might not cover its debts, and it remains unclear if all locations will stay open or be taken over by other chains Despite the upheaval, TGI Fridays’ restaurants continue to operate normally Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks.
Sign up Thank you for signing up! Did you know with a Digital Subscription to The News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later.
Submitting...
This site is protected by reCAPTCHA and the Google Privacy Notice and Terms of Service.