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Ayana Archie

TGI Fridays closes dozens of its stores

An image of the sign for T.G.I Friday's as photographed on March 16, 2020 in Levittown, New York. (Bruce Bennett/Getty Images)

TGI Fridays has closed 36 restaurants across the country and sold eight back to its former CEO, the company said this week.

The company is offering more than 1,000 transfer opportunities for 80% of the impacted employees, it said.

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