Every big (and little) celebration deserves ice cream cake! For any occasional (or just because)! A casualty of a tough economic environment, rising commodity costs, and changing customer tastes, Friendly's announced it had filed for Chapter 11 bankruptcy protection and closed 63 stores in October 2011. In 1989, Smith added the 's to Friendly, making its colloquial name official. The expansion of the company led to the move of headquarters from Springfield to Wilbraham in 1960. By 1974 the chain had grown to 500 restaurants in the Mid-Atlantic, Northeast, and Midwest. Current Price. Blake accused Smith of using the jet for personal use and using the airplane lease to carry $3 million annually from the company into another restaurant chain he controlled. skip to main contentskip to footer. [10][11], In early 2018, Friendly's opened a new "prototype" restaurant at the Apex Center in Marlborough, Massachusetts, to test delivery, catering, online ordering and a revised menu. Contactless options including Same Day Delivery and Drive Up are available with Target. WILBRAHAM -- Friendly's Ice Cream announced Monday night that it has sold its retail ice cream and manufacturing business to Dallas, Texas-based Dean Foods Company for $155 million in … Making the world Friendly one scoop at a time. Product Image. Can't teach an old mango new tricks? Maybe. Shop today to find Ice Cream & Frozen Dairy Desserts at incredible prices. Peanut butter filled warm chocolate cake, framed by 3 scoops of Hunka Chunka PB Fudge ice cream, topped with peanut butter, chocolate chips and REESE'S PEANUT BUTTER CUP. In June 2007, Friendly's appointed president and CEO George Condos; that summer it was bought for $337 million by the private investment firm Sun Capital Partners, Inc.[7] In December 2008, Ned R. Lidvall was appointed president and CEO. In early October 2019, the last remaining restaurant in Virginia closed. Friendly’s ice cream products are widely available in the Northeast with some distribution in the Carolinas, Idaho, Illinois and Texas. Average rating: 0 out of 5 stars, based on 0 reviews. A few days later both parties were able to reach a settlement. So, enjoy this new favorite! [23], On November 1, 2020, Friendly's announced that it would file for Chapter 11 once more and sell "substantially all its assets" to Amici Partners — an affiliate of Brix Holdings — for $2 million, citing the impact of the COVID-19 pandemic in the United States. Friendly's Retail . [12], Friendly's abruptly closed most of their locations in upstate New York April 7, 2019. [26], Learn how and when to remove this template message, "Citing changing neighborhoods, Friendly's continues to pare restaurant network with shutdown of last Rhode Island location", "Friendly's ice cream chain melts away in Ohio, closing all locations", Friendly's sells retail ice cream and manufacturing, new owner promises to keep Wilbraham factory, "Friendly's of the future: Chain touts delivery, catering, throwback menu in latest rebranding effort", "Several Syracuse-area Friendly's restaurants close abruptly", "Friendly's closes 63 stores as ice cream chain files for bankruptcy", "Friendly's Files for Chapter 11 Bankruptcy", "Friendly Cancels Auction as No Bidders Challenge Sun Capital", "Friendly's Ice Cream out of bankruptcy, but closes another 37 stores, including 10 in Mass", "Friendly's files for bankruptcy and puts itself up for sale", "Friendly's to close at CT tourist magnet in bankruptcy sale", https://en.wikipedia.org/w/index.php?title=Friendly%27s&oldid=988070739, Companies based in Hampden County, Massachusetts, Companies that filed for Chapter 11 bankruptcy in 2011, Companies that filed for Chapter 11 bankruptcy in 2020, Regional restaurant chains in the United States, Restaurants in Springfield, Massachusetts, Articles with dead external links from March 2016, Wikipedia pages semi-protected from banned users, Short description is different from Wikidata, Articles needing additional references from January 2018, All articles needing additional references, Articles needing additional references from September 2017, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, "You're in for a nice surprise" (1979–1982), "Where ice cream makes the meal / I wanna go to Friendly's" (2008–2011), "Where ice cream makes the meal" (current), This page was last edited on 10 November 2020, at 21:41. Product Title Friendlys Ice Cream Friendlys Ice Cream, 1.5 qt. © Copyright 2020 Friendly’s Manufacturing & Retail, LLC. The stock began at $18 per share, peaking at $26. [22] On January 9, 2012, Friendly's announced that it would emerge from bankruptcy protection, but close 37 more locations. Product Image. In May 2016, Sun Capital sold Friendly's ice cream manufacturing business and trademark (which will be leased back) to Dean Foods for $155 million. Friendly’s ice cream is distributed to more than 8,000 supermarkets and retailers across the U.S. and has seen 105 percent growth in retail business in the past five years. Friendly's was founded in 1935, at the height of the Great Depression, by brothers Prestley and Curtis Blake in Springfield, Massachusetts. Friendly's. A total of 138 Friendly's are spread across Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, South Carolina, and Vermont. Friendly's was founded in 1935 in Springfield, Massachusetts, by the Blake brothers S. Prestley Blake and Curtis Blake. [24][25], In 2003, Prestley Blake filed a lawsuit against Friendly Ice Cream Corporation and chairman Donald Smith in a derivative action to force the money back to the company which Blake claimed it was improperly paid for use of a private jet. Friendly's : Ice Cream : Target. This did not change the ownership of the restaurants, as Sun Capital Partners continues to run the currently existing locations. The Blake brothers opened a small ice cream shop named "Friendly", selling double-dip cones for 5 cents each. Out of stock. Around then, 34 stores were sold to DavCo Restaurants, which planned 100 openings in the next 10 years. It has 10,000 employees; George Michel is the CEO. 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