Popular Family Restaurant Chain Files for Bankruptcy
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2 Articles
Pinstripes files for bankruptcy protection and shuts down restaurants and bocce courts across seven states to survive financial collapse - TDPel Media
At one point, Pinstripes was riding high — a stylish hangout where celebrities like Olivia Wilde and Selena Gomez dropped in for bowling, bocce, and an Italian-inspired menu. The chain was even setting its sights on opening 100 locations across the country. But now, the once-promising brand is fighting for survival. Sudden Closures Across Seven States On September 8, Pinstripes abruptly shut down 10 of its venues spread across Florida, Kansas, I…
Popular family restaurant chain files for bankruptcy
Pinstripes, the Italian-American chain that mixed bowling, bocce, and sit-down dining, has filed for Chapter 11 bankruptcy after closing more than half its locations. The company entered court protection in Delaware on Sept. 8 with about $143 million in debt and liabilities that could reach $500 million. At its height, Pinstripes ran 18 restaurants. Just eight are still open. The concept, built around made-from-scratch Italian food alongside boc…
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