Popular arcade restaurant chain files for Chapter 11 bankruptcy
The arcade, restaurant, and bar chain filed for Chapter 11 bankruptcy after closing one of its locations.
The entertainment restaurant sector has faced competitive years after the devastating Covid-19 pandemic in 2020 subsided.
Several establishments opened new locations and continue to expand as they recover from the effects of the pandemic. Some, however, have struggled in the aftermath of the pandemic and have closed locations and filed for Chapter 11 bankruptcy.
