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In Sign of Retail's Future, Tuesday Morning, Chuck E. Cheese Parent Exit Bankruptcy With Less Property

Retail Operators Shed Leases, Debt To Become More Efficient
A sign advertises takeout pizza on the exterior of a Chuck E. Cheese restaurant in Pinole, California, in June. (Justin Sullivan/Getty Images)
A sign advertises takeout pizza on the exterior of a Chuck E. Cheese restaurant in Pinole, California, in June. (Justin Sullivan/Getty Images)

Two national retail and entertainment brands the pandemic pushed into bankruptcy emerged from Chapter 11 after months of reorganizing and shedding real estate, signaling that using less property is a path toward financial stability even for businesses that can't switch to an online model.

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