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June 25, 2020 03:08 pm GMT

Chuck E. Cheese has filed for bankrupty

CEC Entertainment, owners of Chuck E. Cheese and Peter Piper Pizza, has filed for bankruptcy. The company reported $29 million in losses for 2019. From Reuters:

Chuck E. Cheeses bid to boost sales through delivery apps under the name Pasquallys Pizza & Wings earlier this year only created more problems, as many customers thought they were ordering from a local business.

As of Wednesday, 266 Chuck E. Cheese and Peter Piper Pizza restaurant and arcade venues were re-opened. The company expects to keep them open throughout Chapter 11 proceedings.

image: Dan Harkless (CC BY-SA 4.0) Read the rest


Original Link: https://boingboing.net/2020/06/25/chuck-e-cheese-has-filed-for.html

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