Business News: Friendly's Shuts 30 Sites
Image of Boston's Financial District by Nubian ∑agle from photos tagged "Bostonist" on Flickr.
- Friendly's closed over 60 restaurants and eliminated 1,200 jobs on Tuesday and decided to file for Chapter 11 bankruptcy. The chain closed 30 Massachusetts locations. [WCVB]
- Massachusetts will pay some new unemployment recipients up to $653. This applies to claims filed on or after October 2. [Boston Globe]
- Boston blocked plans to build a new Walmart Neighborhood Market in Roxbury near Dudley Square at the closed MBTABartlett bus yard facility. The Mayor's office said it would hurt local businesses. [Boston Globe]
- Businesses in Boston's Leather District are meeting Thursday to decide how best to promote the neighborhood's social media and Web marketing start-ups. [Boston Herald]
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