Viral Cookie Shop Chip City Abruptly Closes All Locations
The bakery chain said weaker sales and a funding gap forced the shutdown after rapid expansion backed by $17.5 million from investors.
- On Thursday evening, Chip City permanently shuttered all 22 remaining locations after Nicolas Baizan informed staff via email the company could no longer operate.
- Driven by $10 million from Danny Meyer's Enlightened Hospitality Investments in 2022, the chain expanded from its Astoria origin before recently scaling down amid declining sales.
- Earlier this week, CEO Peter Phillips sued Chip City alleging breach of contract and wage theft, while staff reported noticing "red flags" with the company's supply chain.
- Police reported that unidentified individuals broke into a Manhattan location early Friday morning to remove cash, compounding difficulties for employees who received minimal closure notice.
- Chip City faces potential liability under the New York State Worker Adjustment and Retraining Notification Act, which requires 90-day notice for mass layoffs and mandates up to 60 days back pay.
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11 Articles
Chip City abruptly closes all locations, including NYC stores, citing ‘macro-economic headwinds’ for closure
Chip City, the popular cookie chain founded in Astoria nine years ago, abruptly shuttered all 24 locations Thursday evening, informing staff in an email that they would not be needed for work on Friday morning. The chain, which opened its first store at 30-06 34th St. in Astoria in July 2017, quickly expanded its presence...
Chip City Abruptly Closes NYC Stores Following Rapid Expansion and Founder Lawsuit
Internewscast Internewscast Sometimes, that’s just how the cookie crumbles. Chip City, the New York… This Post: Chip City Abruptly Closes NYC Stores Following Rapid Expansion and Founder Lawsuit first appeared on Internewscast
The Independent
The Independent (US)Beloved jumbo cookie chain abruptly closes all shops: report
Shop was known for its jumbo cookies and seasonal flavors
Viral cookie chain abruptly closes all stores across US, staff turned away
The chain that ballooned from a Queens storefront into a multi-state cookie empire abruptly shuttered stores across major markets just days after its co-founder sued the company and its controlling investor.
Viral cookie chain Chip City closes in key locations; here's what went wrong
Chip City, the cookie chain famous for its adventurous flavors, has shuttered its three locations in Connecticut, reflecting a troubling trend for cookie outlets nationwide. The closures result from evolving consumer tastes and various economic pressures. The absence of any Connecticut listings on their website suggests a definitive withdrawal. However, Chip City continues to delight customers in New York, New Jersey, and Texas.
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