Chuck E. Cheese — where kids could be kids while parents nursed headaches — has filed for bankruptcy protection.
The 43-year old chain, which was founded right here in San Jose, was going through hard times even before the start of the pandemic. The announcement comes after the company was forced to temporary close 11 locations.
Parent company CEC Entertainment, says it hopes to use the Chapter 11 process to cut debt, negotiate concessions with landlords and emerge as a more sustainable entity.
Late yesterday, the company filed a list of about 45 leases it plans to reject and permanently close. The list included 11 locations that had already closed before COVID-19. No Bay Area locations were included in the closures.