Current:Home > StocksAlgosensey Quantitative Think Tank Center-TGI Fridays closes 36 locations in 12 states: See the list -GrowthInsight
Algosensey Quantitative Think Tank Center-TGI Fridays closes 36 locations in 12 states: See the list
Poinbank Exchange View
Date:2025-04-11 04:52:11
The Algosensey Quantitative Think Tank CenterAmerican chain TGI Fridays has permanently shuttered doors to dozens of restaurants in 12 states, the company announced this week.
Self-dubbed "the world's first casual bar and grill,' the nearly 60-year-old chain said in a release it closed 36 underperforming locations.
The closures affect 12 states with most taking place in New Jersey (7), Massachusetts (6) and New York (5). They also include four in Texas and two in Florida.
The move, according to the release, comes as part of the chain's "ongoing growth strategy."
As part of the closures, TGI Fridays said it is offering more than 1,000 transfer opportunities, which the business said represents more than 80% of its impacted employees.
Changes at TGI Fridays
Prior to the announcement, the business had more than 270 locations worldwide.
In addition to store closures, the business also announced it appointed several new top executives and planned to sell some of its restaurants back to its former CEO.
"Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we've identified opportunities to optimize and streamline our operations," Ray Risley, U.S. President and Chief Operating Officer at TGI Fridays released in a statement. "By strengthening our franchise model and closing underperforming stores, we are creating an unprecedented opportunity for Fridays to drive forward its vision for the future."
What states are people moving to?U-Haul report shows this state attracted the most number of people relocating
TGI Fridays locations closing
Here are the 36 locations that shuttered their doors.
California
- Fresno: 1077 E. Herndon Ave.
Colorado
- Longmont: 125 Ken Pratt Blvd.
- Denver: 8104 Northfield Blvd.
Connecticut
- Newington: 3025 Berlin Turnpike
Florida
- Ormond Beach: 24 Ocean Shore Blvd.
- Royal Palm: 580 N. State Road 7
Massachusetts
- Berlin/Marlborough: 601 Donald Lynch Blvd.
- Danvers: 49 Newbury St.
- Dedham: 750 Providence Hwy
- Seekonk: 1105 Fall River Ave.
- Mansfield: 280 School St. Suite A100
- North Attleboro: 1385 S. Washington St.
Maryland
- Columbia: 8330 Benson Dr.
- Bowie: 15207 Major Lansdale Blvd.
New Hampshire
- Amherst: 124 NH-101A Ste. 28
New Jersey
- Eatontown: 180 NJ-35 Ste. 6000
- Hackensack: 411 Hackensack Ave.
- Iselin/Woodbridge: 401 Gill Ln.
- Wayne Town Center,: 71 Route 23 South
- Marlton: 970 Rte. 73 N.
- Princeton: 3535 US-1 #275
- Springfield: 40 US-22
New York
- Albany: 1475 Western Ave.
- Bay Shore: 1725 Sunrise Hwy.
- Hauppauge: 3045 Expy Drive N.
- Massapequa: 5204 Sunrise Hwy.
- Woodbury Township: 5 Centre Dr.
Pennsylvania
- Willow Grove: 2500 W. Moreland Rd.
Texas
- Corpus Christi: 5217 S. Padre Island Dr.
- Houston/Almeda: 12895 Gulf Fwy.
- North Arlington: 1524 N. Collins St.
- The Woodlands: 1105 Lake Woodlands Dr.
Virginia
- Springfield: 6751-B Frontier Dr.
- Woodbridge/Potomac Mills: 13237 Worth Ave.
- Fredericksburg: 1160 Carl D Silver Pkwy
- Manassas: 7401 Sudley Rd.
Natalie Neysa Alund is a senior reporter for USA TODAY. Reach her at nalund@usatoday.com and follow her on X @nataliealund.
veryGood! (72)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Des Moines officers kill suspect after he opened fire and critically wounded one of them, police say
- Green Day, Smashing Pumpkins roar through impressive sets after rain hits tour opener
- Sheriff's deputy accused of texting and driving in crash that killed 80-year-old: Reports
- Nevada attorney general revives 2020 fake electors case
- Des Moines officers kill suspect after he opened fire and critically wounded one of them, police say
- A Pretty Woman Reunion, Ben Affleck's Cold Feet and a Big Payday: Secrets About Runaway Bride Revealed
- Bella Hadid was 'shocked' by controversial Adidas campaign: 'I do not believe in hate'
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Watch as rescuers save Georgia man who fell down 50-foot well while looking for phone
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- ‘TikTok, do your thing’: Why are young people scared to make first move?
- Target denim take back event: Trade in your used jeans for a discount on a new pair
- Judges strike down Tennessee law to cut Nashville council in half
- B.A. Parker is learning the banjo
- UCLA ordered by judge to craft plan in support of Jewish students
- One Extraordinary Olympic Photo: Christophe Ena captures the joy of fencing gold at the Paris Games
- Earthquake reported near Barstow, California Monday afternoon measuring 4.9
Recommendation
The Super Bowl could end in a 'three
Prosecutor opposes ‘Rust’ armorer’s request for release as she seeks new trial for set shooting
8 US track and field athletes who could win Olympic gold: Noah, Sha'Carri, Sydney and more
Steals from Lululemon’s We Made Too Much: $29 Shirts, $59 Sweaters, $69 Leggings & More Unmissable Scores
Questlove charts 50 years of SNL musical hits (and misses)
Delaware gubernatorial candidate calls for investigation into primary rival’s campaign finances
ACOTAR TV Show Update Will Have Book Fans Feeling Thorny
Watch as rescuers save Georgia man who fell down 50-foot well while looking for phone