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April 25, 2015 10:27 PM ET

Hotels, Restaurants and Leisure

Company Overview of TGI Friday's Inc.

Company Overview

TGI Friday's Inc. owns and operates a chain of restaurants in the United States and internationally. It offers handcrafted cocktails and wines; and crafts, drafts, and bottles. The company also provides signature appetizers, starters, sizzling and main entrées, handcrafted burgers, salads, soups and side salads, desserts, lunch, and kids menu. In addition, it franchise services to operate its restaurants. TGI Friday's Inc. was founded in 1965 and is based in Carrollton, Texas.

4201 Marsh Lane

Carrollton, TX 75007

United States

Founded in 1965

Phone:

972-662-5400

Fax:

972-307-2822

Key Executives for TGI Friday's Inc.

President
Chief Executive Officer of Carlson Restaurants World and President of Carlson Restaurants World
Age: 62
Chief Executive Officer of Carlson Restaurants Worldwide Inc. and President of Carlson Restaurants Worldwide Inc.
Age: 55
President of Carlson Restaurants Worldwide Inc. and Chief Operating Officer of Carlson Restaurants Worldwide Inc.
Chief Marketing Officer and Senior Vice President
Compensation as of Fiscal Year 2014.

TGI Friday's Inc. Key Developments

TGI Friday's Inc. Presents at The Franchise Times Finance & Growth Conference 2015, Apr-20-2015 04:40 PM

TGI Friday's Inc. Presents at The Franchise Times Finance & Growth Conference 2015, Apr-20-2015 04:40 PM. Venue: Encore Hotel, Las Vegas, Nevada, United States. Speakers: Tom Kurrikoff, CFO.

TGI Fridays Inc. Partners with Microsoft Corp. on Tablets to Streamline Orders

TGI Fridays Inc., in relationship with Microsoft Corp., is transforming its guests' experience by equipping servers with 8-inch tablets so they can quickly and accurately process orders and payments while at the table. Using the new Fridays Service Style technology powered by Windows 8.1, servers can carry their tablets from table to table to take orders and respond promptly to guest requests. The devices use Windows 8.1, running Oracle's MICROS Restaurant Enterprise Solution (RES) 5.4 on the Dell Venue mTablet E-Series mobile point of sale devices. Many restaurant technology solutions rely on proprietary hardware or custom ruggedized devices, built to withstand the abuse of a kitchen environment. Such solutions can be expensive and take a long time to develop and deploy. Oracle's MICROS RES 5.4 allows TGI Fridays to manage the various aspects of running a restaurant, from tableside ordering to traffic and queue management, all from one solution and in a much more cost-effective way. The device also improves the table wait time and helps regulate the pace of orders sent to the kitchen.

TGI Friday's Adds Bacon Ranch Flavor to Popular Potato Skins Snack Chip Line

TGI Friday's Bacon Ranch is the latest variety to join the brand's restaurant-inspired Potato Skins line, licensed by Inventure Foods Inc. The new snack chip is currently available in convenience stores and vending machines nationwide. Bacon Ranch Potato Skins are made from real potatoes and use dual sheeting technology to create a dark side and a light side, just like real potato skins. The chips are seasoned with the perfect combination of savory bacon and zesty ranch to create a hearty and satisfying snack chip. The suggested retail prices per 1.75-ounce and 3-ounce bags are $1.00 and $1.99 to $2.19, respectively. Potato Skins are also available in Cheddar Bacon, Sour Cream & Onion, Cheddar Sour Cream, Jalapeno Cheddar and Chili Cheese. In addition to Potato Skins, snack line staples include Cheddar Cheese Crunchy Fries, Onion Rings and Mozzarella Sticks.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 27, 2015
TGI Friday's Inc., Restaurant on Howe Avenue in Arden-Arcade
Merger/Acquisition
December 24, 2014
Yi Jun Restaurant Management (Shanghai) Co., Ltd. and Beijing TGI Friday's Restaurant Co. Ltd
Merger/Acquisition
December 23, 2014
T.G.I. Friday's UK Limited
 

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