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TGI Friday's

T.G.I. Fridays
Private
Industry Restaurants
Genre Casual dining
Founded March 15, 1965; 52 years ago (1965-03-15)
New York City, New York, U.S.
Founder Alan Stillman and Daniel R. Scoggin
Headquarters Dallas, Texas, U.S.
Number of locations
992 (March 2011)
Area served
Worldwide
Owner Sentinel Capital Partners
TriArtisan Capital Partners
Website TGIFridays.com

T.G.I. Fridays is an American restaurant chain focusing on casual dining. The company is a unit of the Sentinel Capital Partners and TriArtisan Capital Partners, who purchased the company from Carlson Companies in May 2014. The name is asserted to stand for "Thank God It's Friday", although as of 2010 some television commercials for the chain have also made use of the alternative phrase, "Thank Goodness It's Friday." The chain is known for its appearance—with red-striped canopies, brass railings, Tiffany lamps, and frequent use of antiques as decor—and its Long Island iced teas.

As of 2009, Alaska, Hawaii, Vermont, Iowa, Maine, South Dakota, Wyoming, Oregon, Washington, and Montana are the only states that do not have TGI Friday's locations.

Alan Stillman opened the first T.G.I. Fridays restaurant in 1965 in New York. He lived in a neighborhood with many airline stewardesses, fashion models, secretaries, and other young, single people on the East Side of Manhattan near the Queensboro Bridge, and hoped that opening a bar would help him meet women. At the time, Stillman's choices for socializing were non-public cocktail parties or "guys' beer-drinking hangout" bars that women usually did not visit; he recalled that "there was no public place for people between, say, twenty-three to thirty-seven years old, to meet." He sought to recreate the comfortable cocktail party atmosphere in public despite having no experience in the restaurant business.


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