Champps Kitchen + Bar (CHAM) Reduced to 3 Locations Nationwide

AI Summary

Champps Kitchen + Bar, once boasting over 60 locations, is now down to only three remaining outlets after recent closures, including its 20-year location at Eastview Mall in New York. According to the mall's owners, the decision to leave was fully on Champps, as they did not increase rent. This decline follows years marked by bankruptcies and ownership changes, as highlighted by their acquisition for $26.8 million in 2017 by Fun Eats and Drinks LLC. The brand, known for pioneering the sports bar format, faces challenges in attracting customers outside of major sporting events, which occur only about 70 days a year.