CEC Entertainment, which owns the Chuck E. Cheese and Peter Piper Pizza chains, filed for bankruptcy on (Wednesday).KRON4
This is an institution of my youth, y’all. That gray mouse and his singing band of cohorts serenaded many a birthday party when I was growing up.
Many a pepperoni pizza was consumed, and countless hundreds of games were played while I was still in my youth — and maybe just a little when I was an adult, too.
CEC Entertainment Inc. has reopened 266 of its 612 company-operated Chuck E Cheese and Peter Piper Pizza restaurants, but did not elaborate on how willing parents are to again host birthday parties and other gatherings with so many cities still under tight restrictions on crowds.KUTV2
Even with that being the case, Chuck E. Cheese’s has announced that it will have to permanently close 34 locations, and will not be renewing the lease on 45 leases. Sad times.
The company is having to negotiate with debt collectors and lease holder to try and save the remaining locations.
With more than 15,000 employees, the Irving, Texas-based company had 555 company-owned locations and 186 franchisee locations spanning 47 states and 16 foreign countries or U.S. territories as of Dec. 29USA TODAY
Oklahoma City-Del City