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Friday, November 15, 2024

TGI Fridays PH stable despite parent firm’s bankruptcy filing in the US

The Bistro Group, a franchisee of TGI Fridays in the Philippines, on Monday reassured its customers and partners that it remains stable and thriving despite TGI Fridays Inc.’s voluntary Chapter 11 petitions in the United States.

“It is important to note that TGI Fridays Inc.’s filing pertains solely to its 39 company-owned restaurants in the U.S. and does not include TGI Fridays Franchisor LLC, which continues to oversee and support franchise operations worldwide, including here in the Philippines. The Bistro Group operates independently, and its restaurants remain unaffected by this restructuring process,” the Bistro Group said in a statement.

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“We are proud to announce that TGI Fridays Philippines is not only stable but thriving. In 2024, we successfully opened five new locations across the country bringing to 30 the number of our stores to date, and we have plans to launch another five in 2025,” said Jean Paul Manuud, president of The Bistro Group.

“This growth reflects our commitment to providing exceptional dining experiences and the ‘Fridays Feeling’ that our customers have come to love,” said Manuud.

He said that as TGI Fridays celebrates its 30th anniversary in the country this year, it continues to be one of the leading casual dining restaurant chains in the local hospitality industry.

“Our dedication to quality service and customer satisfaction remains unwavering. We continue to uphold the high standards that TGI Fridays is known for, and we are excited about the future as we expand our footprint in the Philippines,” said Manuud.

He said the Bistro Group is committed to ensuring that TGI Fridays remains a beloved destination for dining and celebration. “We appreciate the ongoing support from our loyal customers, and we look forward to welcoming everyone to our restaurants for many more memorable moments,” he said.

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