Chuck E. Cheese's

Financing

Chuck E. Cheese’s parent company declares bankruptcy

CEC Entertainment, which also owns Peter Piper Pizza, is the latest casualty of the coronavirus pandemic.

Financing

A look at the future of Chuck E. Cheese

Investors are apparently willing to bet on the chain’s comeback, even if it does file for bankruptcy, says RB’s The Bottom Line.

The eatertainment chain, hit hard by the coronavirus crisis, is talking to lenders about raising money to stave off a bankruptcy filing, according to a media report.

Chuck E. Cheese’s delivery-only offshoot made waves on social media, but it’s far from the first chain to go undercover on third-party apps.

Temperature checks, prepackaged salads, fewer games and no strolling mascots are among some of the changes planned by the struggling eatertainment chain.

CEC Entertainment, which also owns Peter Piper Pizza, lost most of its sales in the aftermath of the coronavirus shutdown.

Parent company Darden Restaurants' fine-dining group saw steeper declines as dine-in sales plunged.

Chuck E. Cheese and Dave & Buster’s face weeks without game-playing customers, which could be devastating.

Parent company CEC Entertainment is no longer going public, at least for now, after reverse merger with Leo Holdings is terminated.

But the company recorded its fifth straight quarterly increase as it nears a reverse merger that will take it public.

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