en-za TGI FRIDAYS EXPECTS CASUAL DINING COMPETITION TO DROP 30 PER CENT AFTER WIDESPREAD CLOSURES

TGI FRIDAYS EXPECTS CASUAL DINING COMPETITION TO DROP 30 PER CENT AFTER WIDESPREAD CLOSURES

© Provided by City AM The owner of TGI Fridays’ UK restaurants said it expects the casual dining chain to perform strongly when lockdown restrictions are lifted as competition has dropped by up to 30 per cent due to widespread sector closures. Electra Private Equity said the business is “well positioned to emerge strongly from lockdown” into a market with competition re...

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