Chuck E. Cheese’s Has Filed for Bankruptcy

Chuck E. Cheese

COVID-19 has set 2020 upside down and the world in a downward spiral, making unexpected trouble for businesses big and small, nationwide. Many small businesses in my city close their doors, while some got productive during the most shut downtimes. The same has been true for big businesses like theater chains, retail stores, and restaurants. Some grew, while many who were not doing well before the COVID have had to face permanent closure.

The beloved children’s restaurant and play place Chuck E. Cheese is one of the places that has not endured the pandemic. Parent company CEC Entertainment Inc. has declared that is has filed for bankruptcy after 43 years of business. The company has opened 266 Chuck E. Cheese and Peter Piper Pizza locations in states where lockdown has eased, and the CEC says they will proceed to offer takeout options at “some of its 734 restaurants in 47 states and 16 countries while they negotiate their debts and leases.”

via: Variety

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