Business as Usual for Cuyahoga Falls Friendly’s
Chain files for bankruptcy, closes some stores – Fairlawn and other Ohio locations unaffected.
The welcome mat remains for the Friendly’s restaurant in Cuyahoga Falls despite a bankruptcy filing by the corporate parent company, the Friendly Ice Cream Corp., early today. A PRNewswire release said the company was filing for Chapter 11 bankruptcy protection “to quickly restructure the company and emerge stronger and more competitive.” The company closed 63 “underperforming” restaurant locations, but the remaining 424 locations remain largely unaffected, including all Ohio locations, according to the release. The Cuyahoga Falls restaurant at 1040 Graham Rd. bustled with traffic Wednesday morning. A supervisor at the store declined to comment. The Cuyahoga Falls location is a franchise owned by Mike Steigerwald of JEMM Restaurants LLC. …
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frank
7:18 am on Saturday, December 31, 2011
ANY IDEA WHY FRIENDLYS ON GRAHAM RD IN CUYAHOGA FALLS CLOSED? IT WAS NOT ON THE LIST OF STORE CLOSINGS... SOMONE SAID MCDONALDS IS BUYING IT TO EXPAND THEIR RESTAURANT more ›