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[QUOTE="CuseLegacy, post: 2989167, member: 469"] [URL='https://www.nbcnewyork.com/news/local/Friendlys-Closing-23-Restaurants-in-the-Northeast-508272431.html']Friendly's Closes 23 Restaurants in the Northeast[/URL] Friendly's has closed 23 of its restaurants in Massachusetts, New Hampshire, Maine, Connecticut and New York, according to MassLive. More than half of the closures are in New York, but the closures also include three stores apiece in Massachusetts and Connecticut, two in New Hampshire and one in Maine. The Wilbraham-based Friendly's, which first started out in Springfield in 1935, is known in part for its ice cream products, including sundaes, fribbles, and floats, with its restaurants also serving such items as burgers and seafood dishes Friendly's declared bankruptcy in 2011, and was sold to Texas-based food and beverage company Dean Foods Company in 2016 for $155 million. [URL="https://www.masslive.com/news/2019/04/friendlys-closes-restaurants-in-framingham-northeast-states.html"]Friendly’s closes restaurants in Framingham, Holden and 20 other locations (list)[/URL] Last week, Dennis Pfaff, chief operating officer of Friendly’s, said he expected more restaurants to close as leases expire. The chain, he said, is shrinking its networked to fit market conditions and shedding stores that that are no longer in high-traffic shopping locations. The closed locations include 14 restaurants in upstate New York, three in Massachusetts, three in Connecticut, two in New Hampshire and one in Maine. Following these actions, Friendly’s will have 77 corporate-owned restaurants and 97 franchisee-owned restaurants. [/QUOTE]
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