Year Established: 1935
Store Closures: 2*
Friendly’s, once a prominent name in the family dining sector, has dwindled to just 103 restaurants. The chain anticipates closing two additional locations in 2024 (after shuttering two dozen in 2021 and 2022), signaling ongoing struggles to maintain its presence in a competitive market.
Where the closures will be located is still unclear. This reduction is part of a larger trend of contraction within the restaurant industry, reflecting challenges such as changing consumer preferences, economic pressures, and the rise of fast-casual dining options.