Word: belgians
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Despite its severe financial straits, Belgian Fudge is only reorganizing its business, not liquidating...
...really planning to stay in service and provide more and better ice cream," Lisa Lorentzian, Belgian Fudge chief accountant, said last week...
Lorentzian said poor choice of locations was one reason for Belgian Fudge's losses...
...Although Belgian Fudge's debts last spring totaled nearly $400,000, Lewis N. Sassoon, attorney for the firm's creditors, said the company's creditors are working with Belgian Fudge to assure the repayment of the debts. "We don't want to put them out of business," Sassoon said. He added that he thinks the present management will remain in charge...
...Belgian Fudge's outlet in the Garage in Harvard Square closed last spring, and the Mass Ave store began selling factory-produced ice cream in April. The store resumed selling handmade ice cream as soon as it moved ice cream manufacturing machinery from its headquarter to the Mass Ave store...