It's Bankruptcy For Chuck E. Cheese's

Chuck E Cheese's

Chuck E Cheese's

The pizza/arcade chain Chuck E. Cheese's has filed for bankruptcy. Not surprising since they had to shut down all of their 550 locations due to the coronavirus. The chain did attempt to remain open for take-out, even re-branding their pizza as Pasqually's Pizza and Wings in a hope to boost delivery through apps like DoorDash and GrubHub.

In a statement, CEO David McKillips said the bankruptcy process:

will allow us to strengthen our financial structure as we recover from what has undoubtedly been the most challenging event in our company’s history and get back to the business of delivering memories, entertainment, and pizzas for another 40 years and beyond

No word on if the chain will close any of their current locations, 266 of them have re-opened since the pandemic began. The Albany area has one Chuck E. Cheese's location in latham at the Latham Crossings. According to their website, the dining room and arcade are currently closed, but they are open for take out.

[NY Post]

photo: Google Street View

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