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Friendlys Bankruptcy

The Real Victims of Romney's America

Will Bunch | Posted 11.19.2012 | Politics
Will Bunch

In addition to Romney's appalling lack of understanding of what Americans do not pay federal income taxes and why, the symptoms of this "victim"-hood he so deplores were in large part created by the practices of Wall Street types like him and Marc Leder.

Two Struggling Fast Food Titans Forge Unlikely Alliance

Posted 01.27.2012 | Home

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 | Business
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 | Business

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 | Business

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 | Home

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...