TGI Fridays unveils expansion plan, targets 1,000 locations by 2030

Casual eating concatenation TGI Fridays has unveiled a caller enlargement program arsenic it seeks to standard the concern substantially implicit the remainder of the decade.

Under its “1-2-3 Strategic Vision”, the institution is aiming for much than 1,000 units and $2bn successful yearly gross by 2030.

TGI Fridays said that the program is based connected 4 pillars, which see activating the brand, enabling flexible maturation crossed markets, strengthening the franchise system, and improving show done people.

Phil Broad has been appointed president to pb this vision. He antecedently worked arsenic TGI Fridays UK managing manager from 1997 to 2001 and rejoined successful April 2025 arsenic president of planetary franchising, wherever his relation progressive expanding the marque successful planetary markets.

In his presumption arsenic president, Broad volition oversee maturation efforts successful the home concern arsenic good arsenic internationally.

TGI Fridays CEO Ray Blanchette said: “TGI Fridays pioneered the casual barroom and grill class and continues to present Americana civilization to millions astir the world.

“Our absorption arsenic we accelerate our maturation is to resonate with the adjacent procreation of consumers portion preserving the classical Americana consciousness and signature acquisition that has made the marque beloved successful much than 40 countries.

“Through these strategical pillars, we honour the practice of the Fridays marque portion appealing to today's guests who crave bold flavours, high-energy experiences, and reasons to observe each day.”

The institution has signed caller improvement agreements to enactment the opening of much than 150 locations worldwide.

The US-based concatenation intends to enactment the "1-2-3 Strategic Vision" with initiatives covering paper and beverage changes, improved impermanent experiences, and upgrades to edifice atmosphere.

The enlargement program marks a turnaround for the institution aft it emerged from bankruptcy.

TGI Fridays initially filed for Chapter 11 successful November 2024 successful the Northern District of Texas pursuing fiscal struggles and an unsuccessful acquisition effort by UK-based Hostmore.

"TGI Fridays unveils enlargement plan, targets 1,000 locations by 2030" was primitively created and published by Verdict Food Service, a GlobalData owned brand.

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