Chuck E. Cheese’s Permanently Closing 45 Locations! Is yours on the list?
If you love Chuck E. Cheese’s, then don’t miss this news! Because, the pizza place is closing its doors in dozens of locations nationwide. Of course, we have the whole list for you.
Is Chuck E. Cheese’s Going Out of Business?
Firstly, CEC Entertainment is the parent company of Chuck E. Cheese’s, a pizza restaurant which has games and entertainment similar to an arcade. Similarly, they also own Peter Piper Pizza chains.
Unfortunately, CEC Entertainment, filed for Chapter 11 bankruptcy protection last week.
Meanwhile, in their bankruptcy plans, they noted 45 real estate leases to reject. In other words, these are locations that will terminate their lease and no longer rent that location. Also, this list includes 11 locations that closed before COVID-19 pandemic struck in March. As a result, 34 are new to this unfortunate list.
So, while the company is not closing all locations, they are struggling. Of course, they’re trying to streamline operations to stay afloat amid the Coronavirus quarantine crisis. They have more than 15,000 employees. Additionally, 555 company-owned locations and 186 franchisee locations which span 47 states and 16 foreign countries or U.S. territories. Finally, this is current as of Dec. 29, 2019, according to USA Today.
Naturally, our hearts go out to the employees affected by these shutdowns. And, to the consumers who rely on these stores and restaurants.
About Chuck E. Cheese’s
Founded in 1977, Chuck E. Cheese makes up a majority of CEC Entertainment’s business. Each location has about 75 games, rides and attractions, including classics like Skee-Ball, Whac-A-Mole and arcade basketball. The chain also serves a menu of pizza, wings, desserts and drinks, including alcoholic beverages at most of its sites. – USA Today
Will I lose Credit, Gift Cards, etc.?
No. They will continue to honor game credits, tickets, tokens, gift cards, customer deposits, discount offers and loyalty accounts, as long as the company remains in business. However, if your location is closing it could be harder for you to use these.
Additionally, the company has said it hopes to use the Chapter 11 process to shed debt and emerge as a more sustainable operation.
COVID Retail Apocalypse
This news comes on the heels ofretail giants such as J.C. Penney declared bankruptcy and plans to close 200 stores, And, Victoria’s Secret and Bath & Body Works announced they were closing 300 stores. Gordmans bankruptcy and store closings. Tuesday Morning stores declare bankruptcy. And, of course, Pier One Imports closing all of their stores. Shortly after Neiman Marcus, another department store giant, declared Chapter 11 bankruptcy amid the coronavirus pandemic. And, most recently The Children’s Place announced they would close 300 stores. and 24-Hour fitness closes doors to nearly half of its clubs. See all of the recent store closings in the Covid Retail Apocalypse.
See all the 2020 Stores Closing here.
List of Chuck E. Cheese’s Closing in 2020
Of course, this list includes 11 locations which closed before COVID-19 pandemic struck.
- Ladera Heights
- San Bernardino
- El Monte
- Long Beach
- Diamond Bar
- Grand Junction
- Fort Collins
- Green Acres
- Miami Gardens
- North Lauderdale
- Vernon Hills
- Sioux City
- Las Vegas-McCarran
- Las Vegas-Saraha
- Alb-Juan Tabo
- New Hartford
- Oklahoma City-Del City
- Okla City-Westgate
- Rapid City
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Source: USA Today