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
     

Support Local News

We show up at hurricanes, budget meetings, high school games, accidents, fires and community events. We show up at celebrations and tragedies and everything in between. We show up so our readers can learn about pivotal events that affect their communities and their lives.

How important is local news to you? You can support independent, unbiased journalism and help iBerkshires grow for as a little as the cost of a cup of coffee a week.

News Headlines
Adams Selectmen Honor Thunderbolt Skiers For Mountain Rescues
Six Qualify to Regional from Pittsfield Pitch, Hit and Run Competition
Adams Youth Summer Basketball League Sets Registration Dates
Mildred Elley Graduates Ready To Achieve
Williams Softball Splits First Two Games of NCAA Super Regional
Pittsfield Honors Police Officers Killed In The Line of Duty
Mayors' Fitness Challenge 2018 Kicks Off on Saturdays
North Adams Committee Lays Out City Clerk Transition Plan
Hoosac Valley Elementary Students Give Police A Boost
Berkshire Blaze Seek A Field Of Their Own

 


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:
Tags:
Expansion Statistics Social Media Statistics Breakfast Great Barrington Jobs Unemployment Wmeco Small Business Bj's Unemployment Currency Talkberkshires Qualprint Flood Excelsior Berkshire Enterprises North Adams Sabic Berkshire Chamber Of Commerce Store Opening Pittsfield Baldwin Auction Sales Tax Berkshire Living State Adams Merger Walmart Berkshire Creative Gas Prices Williamstown Crane & Co.
Popular Entries:
Excelsior Brings Greeting Card Co. To North Adams
Berkshire Jobless Rates Drop
Bay State Continues to Add Jobs
Williamstown Chamber Seeks Input on Future Role
Aladco Installs New 'Green' Washing Machine
Storey Publishing to Host Next Creative Challenge
New Dog Training Center Open in North Adams
White Hart Inn For Sale for $5M
Carbone Dealership Empties Lot
Real Estate Panel to Tour S. County, Pittsfield Sites
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