Veteran F&B Leader to Drive Global Growth and Brand Innovation Across 40+ Countries DALLAS, April 25, 2025 (Korea Bizwire) – TGI Fridays, the iconic global brand known for bringing bold food, vibrant energy, and American-style hospitality to over 41 countries, is proud to announce the appointment of Phil Broad as President of TGI Fridays International Franchising. Based [...]
SEOUL, Feb. 5 (Korea Bizwire) — TGI Fridays is set to exit the South Korean market, with its local operator, MFG Korea, announcing plans to close all remaining locations in the country. The company will shut down stores gradually as their lease agreements expire, prioritizing its focus on the Mad for Garlic restaurant brand. Currently, TGI [...]
SEOUL, Feb. 26 (Korea Bizwire) – Changes in dining culture in Korea focusing on well-being, as well as a prolonged economic recession and increases of single-person households have led to the closure of family restaurants in Korea. For example, Outback Steakhouse, which led the heyday of the family restaurant industry in the early and mid-2000s, [...]