‘Over the top and fun:’ TGI Fridays boss insists time is right for a UK revival

Ray Blanchette admits he may be a little crazy' as he outlines chain's hopes of building 1,000 outlets globally

I am a little crazy maybe," admits Ray Blanchette, a former TGI Fridays kitchen manager who has taken on the revival of the bar-restaurant chain's UK business in the face of blasting industry headwinds.

Blanchette's family investment firm, Sugarloaf, rescued the Dallas-based parent business from administration in 2025. He then went on to pick up its UK arm in January after the local franchisee got into difficulties, retaining 33 UK restaurants but closing 16, with the loss of 456 jobs.