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
Williamstown Seeking Third Half-Day Section to Preschool
A Tree Grows in Pittsfield — 2,399 More to Go
Class Offered for New Football Officials
Gardner, Puddester Make Cases for Williamstown Planning Board Seat
Letter: Support Hogeland for Planning Board
BFAIR to Host Memory Cafe
BHS Urgent Care Expands Hours of Operation
Letter: Anthony Birthplace Museum Supports Scenic Rail
Williams Senior Awarded Journalism Fellowship
Greylock Names New Supervisory Committee Member

 


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:
Great Barrington Berkshire Enterprises Berkshire Living Store Opening Talkberkshires Williamstown Statistics State Sabic Excelsior Bj's Auction Walmart Currency Berkshire Chamber Of Commerce Breakfast Social Media Statistics Unemployment Flood Merger Qualprint Jobs Berkshire Creative Wmeco Pittsfield Sales Tax Small Business Expansion North Adams Adams Unemployment Gas Prices Crane & Co. Baldwin
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