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John Catsimatidis

Business
COVID-19: Shortages Of Meat, Eggs Could Be Coming, Supermarket CEO Says COVID-19: Shortages Of Meat, Eggs Could Be Coming, Supermarket CEO Says
Covid-19: Shortages Of Meat, Eggs Could Be Coming, Supermarket CEO Says A shortage of meat and eggs could impact supermarkets as the COVID-19 pandemic continues to cause supply chain issues, according to the CEO of a grocery store chain.  John Catsimatidis, the CEO of supermarket chain Gristedes Foods, told Fox News that the Omicron variant is taking a toll on the supply chain. "What we're seeing the Northeast is price increases," he told the news station. "The prices of eggs are going up, the price of poultry the price of beef, all across the board, because they're supplying the product but increasing the prices to try to control the demand." The Wa…

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by Nicole Valinote
Business
COVID-19: Chuck E. Cheese Files For Bankruptcy After Reopening Locations COVID-19: Chuck E. Cheese Files For Bankruptcy After Reopening Locations
Covid-19: Chuck E. Cheese Files For Bankruptcy After Reopening Locations The novel coronavirus (COVID-19) crisis has claimed another victim. Chuck E. Cheese, the popular entertainment and pizza chain that has been the place to go for children's birthday parties for 43 years, has filed for bankruptcy protection after the virus forced locations to shut their doors more than three months ago. The bankruptcy announcement came after the company began reopening some locations as the region begins recovering from the COVID-19 outbreak. As of Wednesday, June 24, 266 Chuck E. Cheese and Peter Piper Pizza restaurant and arcade locations had reopened in accordance with th…

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by Zak Failla