COVID SHUTS DOWN TGI FRIDAYS
By: Derek Varsalona
Another one bites the dust. An American favorite, TGI Fridays, declared Bankruptcy on Saturday due to COVID-19 and lockdowns. They just couldn't keep up with demand, and I assume the lockdowns have hurt the company in its venture.
This is an example of China butting into American industry. It was not President Trump that killed the economy but it was the Chinese and the Covid virus that killed the American economy. I used to like TGI Fridays although I did not visit it that often.
Instead of closing down, TGI Fridays should have sued the nation of China for its financial woes. I don't know if a country can be named and defended in a lawsuit. But the only reason why TGI Fridays is shutting down is not due to Biden or Trump, but it is due to the Chinese and Covid shutting the company down and making them lose sales. As always comments are accepted.
TGI Fridays Shuts down
Source: Reuters.com " TGI Fridays Operator Files for Chapter 11 Bankruptcy Amid Financial Woes." REtuers.com Beijing: Saturday, November 2, 2024.
https://www.nbcnews.com/business/business-news/tgi-fridays-operator-files-chapter-11-bankruptcy-financial-woes-rcna178522
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