The redandwhite striped awnings are gone from new TGI Fridays prototype in Addison Texas

The red-and-white striped awnings are gone from new TGI Fridays prototype in Addison, Texas.

TGI Fridays hones design, operations in refranchising push

The casual-dining brand is aiming to revive its bar heritage.

TGI Fridays is sporting a new look and a fresh approach to franchising under its private-equity ownership.

Since longtime TGI Fridays parent Carlson closed on the 900-unit brand’s sale this summer to private-equity firms Sentinel Capital Partners and TriArtisan Capital Partners, the company has announced several refranchising deals, with more expected.

Fridays also unveiled a new unit in Addison, Texas,

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