A popular ‘eatertainment’ chain is facing mass closures as consumer interests change and mounting debt looms over the company.

Illinois-based dining and entertainment hub, Pinstripes Holdings, Inc . filed for Chapter 11 bankruptcy earlier this month citing “decreased revenue,” as the driving force behind the decision.

“These chapter 11 cases were almost a year in the making and reflect the Debtors’ (Pinstripes) only remaining path to maximize value,” the filings read.

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“... Unfortunately, economic deterioration over the past year resulted in decreased revenue and eroded the Debtors’ restructuring alternatives.”

The ‘eatertainment’ segment of the restaurant business is very “niche” — comb

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