TGI Fridays, founded in 1965 in New York City, has long been a staple of American casual dining. Known for its vibrant atmosphere, signature cocktails, and classic American fare, the restaurant chain has created lasting memories for diners over the decades. With its iconic red-and-white striped awnings, TGI Fridays has become synonymous with a fun dining experience. However, like many chain restaurants, it now faces significant challenges in a rapidly changing market.