Friendlys Bankruptcy

Two Struggling Fast Food Titans Forge Unlikely Alliance

Posted 01.27.2012

In Jackson, N.J., the home of Six Flags Great Adventure, one restaurant is hoping to the shape of things to come -- the product of a desperate allianc...

No Happy Ending for Friendly's

Eileen Appelbaum | Posted 01.21.2012

Eileen Appelbaum

Sun Capital's disregard for Friendly's workers extends beyond the effort to dump its pension obligations. The company could have provided advance notice of the impending shutdown to workers. Instead, workers were told one evening that the next day would be their last.

Friendly's CEO Billed Bankrupt-Chain Hundreds Of Thousands In Expenses

Posted 11.18.2011

The CEO of Friendly's sent the ice cream giant hundreds of thousands of dollars worth of expenses the year before the company filed for bankruptcy. ...

Not So Friendly: Restaurant Chain Serves Up Layoffs

Daily Finance | Alice Hines | Posted 12.06.2011

Friendly's Ice Cream Corp. laid off 1,260 employees with almost no notice on Tuesday night. And there's little that employees can do about it. ...

Friendly's Files For Bankruptcy, Closes 63 Locations

Posted 12.05.2011

UPDATE (10-5 10:52 a.m.): It's official: Friendly's has filed for bankruptcy. Consumerist reports that the company confirmed this morning that the Cha...