Pinstripe gift cards will continue to be respected in eight existing locations, but new gift cards will not be sold, according to court documents.
29 defective stores will be closed at home
At home, furniture and home decor retailers have closed 29 “low-performing” stores by the end of September as part of their bankruptcy proceedings.
No Brands – News Value
Pinstripe, an entertainment venue known for its dining, bowling and bocce, has closed 10 stores after filing for bankruptcy.
Illinois-based Pinstripe filed for Chapter 11 bankruptcy on Monday, September 8, after accumulating about $143 million in debt, according to court documents. The company is able to secure approximately $3.8 million in funding and is looking for buyers to keep eight locations open.
“We are grateful for your continued trust and understanding and are committed to providing you with the hospitality and experience you have come to know and love,” Pinstripe said in a September 11 social media statement.
This is something you need to know about the location of closed pinstripes.
Which pinstripe locations will remain open?
Pinstripes continue to operate these eight locations in Bethesda, Maryland. Cleveland, Ohio; Edina, Minnesota; Washington, DC; Northbrook, Illinois. Oakbrook, Illinois. San Mateo, California; Chief Restructuring Officer for James Cachadurian, South Barrington, Illinois, told USA Today.
Which pinstripe locations are closed?
The next 10 locations closed on Monday, September 8th, Kachadurian told USA Today:
- 13500 Nall Ave. in Overland Park, Kansas.
- 435 Illinois Street, Chicago, Illinois
- 5001 Trailhead Bendway in Fort Worth, Texas
- 3300 Kirby Drive Unit 3A in Houston, Texas
- 100 N. Water St. Suite 3300, Norwalk, CT
- Garden State Plaza Blvd, Paramus, New Jersey
- 11643Daryl Carter Parkway, Orlando, Florida
- Biscayne Boulevard Floor 2 in Miami, Florida, 19505
- 1115 Broadway Plaza in Walnut Creek, California
- 21851 Victory Boulevard STE 1250 Woodland Hills, California
Does the map appear in your browser? Visit infogram.com/1plj0jmnn2rwj3tqpw2kv96x51hzjm3pdkr.
What happens to the pinstripe gift card?
Pinstripe gift cards will continue to be respected in eight existing locations, but new gift cards will not be sold, according to court documents.
If consumers are unable to travel to one of the open locations, they can file a claim online to receive the money. Claims can be filed online at dm.epiq11.com/case/pinstripes/info.
Pinstripe joins countless other retailers closing doors
Pinstripe is certainly not the first company to file for bankruptcy and close its doors this year. Others include Claire, Home, Biglot, Ritual Aid, Bed Bath & Beyond, and Jcpenney.
Contributor: Daniel Munoz/northjersey.com
Gretacross is a national trend reporter for USA Today. Story ideas? Please email her gcross@usatoday.com.
