California Pizza Kitchen (CPK) has permanently shuttered its Dunwoody restaurant, at 4600 Ashford Dunwoody Rd. NE, according to a message posted to the location’s website. “Due to the ongoing COVID-19 pandemic and related lease challenges with our landlords, we regret to inform you that we have closed this CPK restaurant,” the message states. “We look forward to welcoming you at our other locations and invite you to continue checking CPK.com for updates.”
CPK in June filed bankruptcy and the company’s CEO Jim Hyatt at the time of the filing said some of its stores had already closed due to the impact of the COVID-19 pandemic and lease-related challenges, but that there were no plans to close “any additional restaurants at this time.” The Dunwoody location did in fact shutter nearly two months after CPK’s restructuring agreement.
“The restructuring agreement includes a commitment for $46.8 million in new financing which will enable ongoing operation of CPK restaurants,” Hyatt said at the time of the filing. “This proactive filing will allow us the ability to reduce our long term debt load and emerge as a much stronger company. We anticipate a short stay in Chapter 11 and expect to progress on an expedited timeline – our goal is to complete the Chapter 11 process in under three months.”
CPK remains open for business in other locations for takeout, delivery, third party, and select dining room and patio locations, as allowed by local law.
3 Responses
Yawn, corporate pizza is so tired.
I hate it for the employees though, now’s not a great time to be looking for restaurant work.
I worked there for 4 years in the 90s while in college in Atlanta. It was a lot of fun, a great place to work. Kind of surprised that it’s remained open all this time.
All of the restaurants that relied on a corporate lunch crowd are screwed. I feel a hell of a lot worse for the small businesses then I do the national brands, but it’s a bleak scenario no matter how you cut it and it’s hard to see how these places can weather the storm when their business is probably off by 75%+