Overview
- Plank announced its permanent closure on social media and said it will keep operating for the next two months before shutting its doors.
- Management attributed the decision to persistent revenue declines over the past two years and rising operating expenses that made continued operations unsustainable.
- Customers with bookings after the closure will receive refunds and patrons were urged to redeem gift cards and game credits before the venue closes.
- The venue faces direct competition from a recently opened Dave & Buster’s about two blocks away, a factor cited in coverage as changing the local entertainment market.
- Plank opened in 2014 and its loss is expected to increase vacancy in Jack London Square and reduce local foot traffic for nearby restaurants and shops.