A three-generation family business is no more after nearly 80 years of serving Central New York. And the rising cost of well, basically everything is to blame.

The high cost of living is costing businesses, forcing companies to close their doors. It's not just locally either. National chains are affected too.

Red Lobster Closed Restaurants

Red Lobster was the latest national company to announce several closings. Nearly 90 restaurants abruptly closed earlier this week, 10 in New York. Luckily none of the locations in Central New York were affected. Not yet anyway.

READ MORE: Popular Restaurant Chain Abruptly Closes 10 in New York

Red Lobster closes 10 restaurants in New York
Credit - Think Stock/Canva

Freihofer's Bakery Closes

New York lost a piece of history when Freihofer's, a popular bakery that began 140 years ago abruptly closed several locations across the state, including the one in Verona.

The outlet stores in Syracuse, Rome, Albany, Schenectady, Vestal, Queensbury, Geneva, and Nelliston also closed.

READ MORE: Freihofer's Bakery Outlet Abruptly Closes Several Locations In New York

Credit - Bimbo Bakeries/Canva
Credit - Bimbo Bakeries/Canva

Wheelock Rides Out of Business

Now it's Wheelock Rides, a midway company out of the Syracuse area, that's out of business.

The family started in the carnival business back in 1946, providing amusement rides, games, and food for events all across Central New York. But they aren't amused with the cost of operations. They say it's gotten too high for them to continue operating, according to LocalSYR.

Wheelock Rides out of business
Credit - Wheelock Rides/Facebook

Fairs & Festivals Scrambling

The company closure has caused some issue at fair and festivals throughout Central New York that are now scrambling to find a replacement.

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The Rome Catholic School Festival had to go without any carnival rides this year when the vendor canceled.

The Madison County Fair is working to find another midway company to fill the void left by Wheelock Rides.

13 Restaurants & Businesses That Closed in 2023

Retirement and consolidation are just some of the reasons we've lost several restaurants and businesses in Central New York in 2023.

Here are 13 locations that are no more.

Gallery Credit: Credit - Polly McAdams


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