A Massachusetts-based chain of restaurants and ice cream shops has emerged from bankruptcy, but it has also decided to close a number of its locations in Massachusetts as well.
According to the Patriot Ledger, Friendly's Ice Cream LLC, which was bought by Sun Capital last month, has come out of Chapter 11 bankruptcy protection after filing about three months ago. Both the Ledger article and the Boston Globe mention that in addition, stores in Bedford, Great Barrington, Holyoke, Longmeadow, Mansfield, Shrewsbury, Springfield (2 locations), Westboro, and Worcester closed at the end of business hours this past Sunday.
Friendly's now has 376 restaurants remaining, with 147 being company-owned and 229 being franchised spots, according to the Ledger.
For more information on this story, please go to the Patriot Ledger and Boston Globe links below.
[Patriot Ledger]
Friendly's closes another 37 restaurants, including 10 in Mass
[Boston Globe]
Friendly's emerges from bankruptcy, closes more stores
Tweet
