Pinstripes at 11920 Grand Park Ave. in North Bethesda’s Pike & Rose, officially referred to by the company as “Pinstripes Bethesda,” will continue operating as normal despite its parent company, Pinstripes Holdings, Inc., filing for Chapter 11 bankruptcy protection this week.
In a statement, the company said the filing was a strategic move to “secure our future” with the support of its lenders. While several locations were shuttered as part of the restructuring, the Pike & Rose venue will remain open with regular hours, according to a manager who confirmed the news on Tuesday.
“Pinstripes Holdings, Inc. has taken an important step to secure our future by voluntarily filing for Chapter 11 bankruptcy protection and closing some locations, with the support of our lenders,” the company shared in a public message. “We will keep operating as usual — welcoming guests, hosting events, and supporting our remaining team members. 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.”
As part of the bankruptcy announcement, Pinstripes closed locations in Chicago; Fort Worth, Texas; Overland Park, Kansas; and Paramus, New Jersey. The company had previously closed its Walnut Creek, California location. Despite the closures, eight Pinstripes venues remain open, including Pike & Rose, Georgetown, and San Mateo, California, along with locations in Cleveland, Edina, Northbrook, Oak Brook, and South Barrington.
