Home / Business and Economy / Chip City Cookies Closes All Locations After Decade
Chip City Cookies Closes All Locations After Decade
3 Oct
Summary
- Chip City Cookies announced the closure of all 24 locations.
- The bakery cited macro-economic headwinds for the difficult decision.
- A lawsuit was filed by a co-founder over alleged breach of contract.
Chip City Cookies, a prominent New York bakery chain, has ceased operations, closing all 24 of its locations. The company stated that "significant macro-economic headwinds" necessitated the difficult decision to shut down after ten years.
This move follows the closure of Chip City's Connecticut and Virginia branches, leaving its remaining bakeries in New York, New Jersey, and Texas inoperative. The bakery, established in 2017, was known for its extensive menu of nearly 200 rotating cookie flavors, releasing six new options weekly.
The closure is also shadowed by a lawsuit filed by co-founder and former CEO Peter Phillips. Phillips alleges breach of contract, wage theft, and unlawful retaliation, claiming his promised salary was cut off after he stepped down as CEO in March. His legal team expressed shock at the company's current state.
Chip City has disabled comments on its social media posts regarding the closure. Attempts to seek further comment from the company have not yet yielded a response.
