TGI Friday chain quietly closed dozens of restaurant locations last week reportedly is preparing to file for bankruptcy protection.

of the company store finder There are currently 164 locations listed in the U.S., down from 213 locations open last week. CNN was first reported.

Sudden closures come after value-creating restaurant chain Closed 36 “underperforming” restaurants in 12 US states in January. TGI Friday’s said at the time that the move was part of its “ongoing growth strategy.”

TFI Friday’s did not immediately respond to CBS MoneyWatch’s request for comment on last week’s restaurant closures. The company did not release a list of closed locations.

Local reports have recently shed light on where restaurants affected by the latest wave of closures are located.

TGI Friday’s locations in Bridgewater and Watchung (both in Central Jersey) were suddenly closed. mycentraljersey.com. Another location in Middletown, Pennsylvania has also closed, according to a local report report. Additional local reports indicate restaurants in California, New York and Ohio were also affected.

The Dallas-based casual dining pioneer has struggled to execute a growth plan as customers on tighter budgets prefer lower-priced meals. Even fast food prices were mocked These are said to be very high in industry leading companies such as McDonald’s.

Tap water in Asheville still unsafe to drink 1 month after Hurricane Helene

What would Trump’s mass deportations look like in practice?

What we know about the Washington Post’s decision not to endorse the 2024 nominee