# @theshaderoom on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DB4ophhPrMo
- **Gondola URL:** https://gondola.cc/posts/24539434-theshaderoom-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/fc8f1c0100.jpg
- **Posted:** 2024-11-02T21:58:45.000+00:00
- **Account Owner:** The Shade Room (@TheShadeRoom) — https://gondola.cc/TheShadeRoom

## Caption

#TSRBusiness: #TGIFridays is the latest restaurant chain to file for bankruptcy. According to apnews, the chain filed on Saturday as it seeks ways to “ensure the long-term viability.”
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The company filed Chapter 11 in a Texas federal court, and Rohit Manocha, the executive chairman of TGI Fridays, issued a statement saying the “primary driver of our financial challenges resulted from COVID-19 and our capital structure.”
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The company’s number of restaurants decreased from 269 to 163 within the U.S. In January, they closed 36 locations, and dozens were closed within the past week. (📸: gettyimages) ✍🏾: #TSRStaffJW

## Stats

- **Views:** 0
- **Likes:** 29,108
- **Shares:** 0
- **Comments:** 1,369

## Tags

tsrbusiness, tgifridays, tsrstaffjw

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