Home About Archives RSS Feed

Great Barrington Friendly's Casualty in Bankruptcy

Staff Reports
iBerkshires
GREAT BARRINGTON, Mass. — The town's lone Friendly's Restaurant was shuttered on Monday as the ice cream scooper emerged from Chapter 11 bankruptcy.

The Great Barrington restaurant was the only closure in the Berkshires. Thirty-six other restaurants were also closed, including three in the Springfield area and seven others in Massachusetts. Several in the Capital Region of New York also closed their doors.

According to a statement from company, "we were unable to reach an acceptable agreement with landlords at 37 restaurants. Therefore, the Company has made the difficult decision to close these Friendly's effective at the close of business on January 8th."

The Great Barrington location is no longer listed on the company's website.

That makes 100 restaurants closed since the Wilbraham company first entered Chapter 11 last fall. The company has about 7,500 locations. The restaurants employed about 20 people each.

Friendly's Ice Cream Corp. emerged from bankruptcy after selling the corporation and its subsidiaries to Friendly's Ice Cream LLC for a reported $75 million.

Read the full press release here.

1 Comments
     
News Headlines
SteepleCats Win Third Straight
Adams-Cheshire's New Leader Gives First Impressions
North Adams Panel Endorses Return of Center Street Parking Meters
Harrington Double Keys Pittsfield 13s to Babe Ruth Regional Win
Cross Scores 22 to Lead Boys & Girls Club to Win
Harrington Calls for Override of Governor's Vetoes
Berkshire Taconic Community Foundation Tops $2 Million in Summer Grants
Biz Briefs: Simon Scholarships, Canyon Ranch Luxury Residences
Berkshires Beat: Chesterwood Installation, Louison House Help
Burke Scored 23 in Giorgi League Win

 


Bill Schmick separates the bull from the bears in his weekly columns on investing and market wrap-ups.



Categories:
advertising (10)
agriculture (1)
arts (7)
automotive (5)
awards (16)
banking (41)
Beacon (1)
broadband (1)
business (52)
chamber (25)
closing (5)
development (23)
dining (5)
domestic animals (2)
energy (6)
entertainment (2)
federal (4)
finances (5)
food (5)
fundraiser (3)
green (2)
grocery (5)
hospitality/hotel (5)
housing (0)
insurance (3)
investment (6)
jobs (35)
labor (17)
laws (4)
Legislature (3)
manufacturing (9)
media (8)
medical (4)
networking (33)
new (22)
pricing (1)
projects (2)
promotion (6)
publishing (13)
radio (2)
real estate (8)
retail (29)
technology (13)
training (5)
transportation (1)
volunteer (1)
website (2)
wholesale (7)
workshops (6)
Archives:
July 2015 (1)
Tags:
North Adams Statistics Small Business Unemployment Baldwin Talkberkshires Excelsior Breakfast Berkshire Living Currency Statistics Flood State Jobs Walmart Merger Gas Prices Social Media Crane & Co. Adams Great Barrington Sales Tax Auction Berkshire Chamber Of Commerce Berkshire Creative Berkshire Enterprises Wmeco Qualprint Williamstown Expansion Unemployment Store Opening Bj's Pittsfield Sabic
Popular Entries:
Berkshire Jobless Rates Drop
Bay State Continues to Add Jobs
Excelsior Brings Greeting Card Co. To North Adams
White Hart Inn For Sale for $5M
Williamstown Chamber Seeks Input on Future Role
New Dog Training Center Open in North Adams
Aladco Installs New 'Green' Washing Machine
Storey Publishing to Host Next Creative Challenge
Covanta's Pittsfield Facility Gets High Marks from OSHA
Adams Co-Op, South Adams Bank Merger Approved
Recent Entries:
Biz Briefs: Mr. Tire, Tax Holiday, Business Directory
Berkshire Eagle Parent Mulling Newspaper Sales
Digitial First Puts Vermont News Buildings on the Market
Berkshire Chamber, Neal Hosting Facebook for Business Workshop
Winstanley Wins Big at Annual ADDY Awards
Eggs & Issues Event Focuses on Rail Cars, Development
State Unemployement Rate Drops Slightly
New Biotech Firm Setting Up in Pittsfield
Crane Museum Opens Retail Store
License Commission Approves River Street Package Move