The parent company of Rockville Pike bowling alley Pinstripes has filed for Chapter 11 bankruptcy, it announced yesterday. Located at Pike & Rose in the White Flint area, Pinstripes opened in 2017. The national Pinstripes chain closed several locations across the country as it made the bankruptcy announcement. But the Pike & Rose location is one that is among those that will continue operating for now.
"We will keep operating as usual - welcoming guests, hosting events, and supporting our remaining team members," Pinstripes said in an online message. "Your gift cards and event deposits remain valid at continuing locations, and this process will allow us to emerge stronger and continuously focused on providing exceptional experiences for our guests and partners." Pinstripes went public as a company just two years ago, but has run into fiscal difficulties since that time. According to Nation's Restaurant News, the company's liabilities to creditors are currently as much as $500 million.
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