DavCo Buys 34 Friendly's in Area From: The Washington Post | Date: July 14, 1997| Author: Beth Berselli | Copyright 1997 The Washington Post. This material is published under license from the Washington Post.  All inquiries regarding rights should be directed to the Washington Post.Copyright information

DavCo Restaurants Inc. has bought most of the Friendly's restaurants in the Washington area and has committed to build 74 more in the next six years.

Restaurant experts said the move is part of a years-old trend toward consolidation in the restaurant industry, with major corporations like DavCo, based in Crofton, Md., trying to stake out a piece of the fast-growing Washington area market.

Under the deal a new DavCo subsidiary, FriendCo Restaurants Inc., bought 34 existin...

Related newspaper, magazine, and journal articles from HighBeam Research

	Friendly's agrees to pay fine, improve access for disabled The Boston Globe ; At a Boston press conference yesterday, US Attorney Janet Reno announced that the Friendly's restaurant chain has agreed to settle a federal lawsuit by making its restaurants more accessible to disabled people. The lawsuit, which was filed in Boston, accused the Wilbraham-based chain of violating
	Friendly's to try franchise route First deal, with DavCo Restaurants, aims to open 100 stores in mid-Atlantic states The Boston Globe ; Friendly Ice Cream Corp. of Wilbraham, which has dished up sundaes to New Englanders since 1935, announced yesterday an agreement that it described as its first franchise deal. After a decade of retrenchment, the Friendly's chain of 705 restaurants said it now looks to grow rapidly by franchising.
	Friendly's Restaurants to Pay Fine, Improve Access for Disabled.(Originated from The Boston Globe) Knight Ridder/Tribune Business News ; ... with the law, the company negotiated the settlement, Stern said. ----- ON THE INTERNET: Visit The Boston Globe on the World Wide Web at http://www.boston.com/globe ----- (c) 1997, The Boston Globe. Distributed by Knight-Ridder/Tribune Business News.
	AN UNFRIENDLY MARKETPLACE WILBRAHAM CHAIN CLOSES 80 RESTAURANTS IN STRUGGLE TO SECURE ITS NICHE IN INCREASINGLY CROWDED FIELD The Boston Globe ; ... to the diner down the street, Friendly's has spent the past 15 years mostly shrinking and struggling to adapt. The latest bad news for a one-time regional icon came yesterday when Wilbraham-based Friendly Ice Cream Corp. said it had just closed 80 of its 683 ...
	FIVE FRIENDLY'S ACQUIRED Dayton Daily News ; Company plans renovations, new franchises DAYTON A Mason company acquired five Friendly's restaurants in the Dayton area and could open as many as five more, Friendly's Restaurants Franchise Inc. announced Tuesday. 4th Day Hospitality LLC took over the restaurants Monday, said Kevin Peyton, 4th

See all results.