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On November 25, 2014, it was announced that all 14 of the Friendly's locations in Ohio would be closed. [14] On June 20, 2016, Dean Foods announced the acquisition of Friendly's Ice Cream for $155 million. This did not change the ownership of the restaurants, as Sun Capital Partners continues to run the currently existing locations. [15] [16]
Nearly all of Friendly’s 130 corporate-owned and franchised restaurants are expected to remain open during the process, with thousands of jobs likely to be saved, according to the release.
The burger and ice cream chain has an updated menu, a new restaurant design, and plans to start growing again.
Dean Foods was founded by Samuel E. Dean Sr., who owned an evaporated milk processing facility in Franklin Park, Illinois, in the 1920s. [8] After purchasing other Illinois dairy plants Dean developed the enterprise "from a small regional dairy into a diversified food company".
A Friendly's "Jim Dandy" sundae is meant to be shared, and no wonder: It contains five scoops of ice cream, a split banana, pineapple topping, hot fudge, marshmallow sauce, walnuts, and sprinkles.
To promote the more family friendly feel, the chain introduced a Kids Eat Free night on their flagship day, Tuesday. At all company owned restaurants, a child's meal is free with the purchase of an adult entree. In August 2016, Ruby Tuesday announced that it would close 95 restaurants as sales slid. [43]
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A company responsible for producing ice cream products for several popular brands, including Hershey's, Jeni's and Friendly's, has issued a recall because some of its products may be contaminated ...