Friendly’s CEO calls recent high-profile closures ‘medicine that should’ve been taken years ago.’ His tough approach to right the brand includes a mandate to be, well, friendly. Turns out that’s not ...

Friendly's, Churchill said, owns real estate in the Northeast, a part of the country where it's hard to find restaurant sites. A potential buyer might plan to pay down debt through a sale leaseback of ...

PITTSFIELD -- Friendly Ice Cream Corp. officially filed for Chapter 11 bankruptcy protection on Wednesday, and announced that it plans to close 63 "underperforming" restaurants in 11 states. Almost ...

SPRINGFIELD -- If any book deserves a happy ending, it's "A Friendly Life", the new autobiography of Friendly Ice Cream Corp. co-founder S. Prestley Blake. The chain, which he founded with his brother ...