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Planet Hollywood struggling, months after Chapter 11 filing.(Brief Article)

South Florida Business Journal

| November 02, 2001 | MERVINE, BOB | COPYRIGHT 1990 South Florida Business Journal, Inc. (Hide copyright information)Copyright

Planet Hollywood, the high-rolling, celebrity-studded eatery chain known from Acapulco, Mexico, to Zurich, Switzerland, is now so cash-starved that employees recently wheeled their office chairs -- complete with computers on the chairs -- into a nearby warehouse.

They moved into the warehouse because the business could not pay its office rent, according to three sources close to the Acompany.

Then, it couldn't pay for a moving company.

Planet Hollywood CEO Robert Earl did not respond to written and phoned requests for comment about the chain's financial status.

In May 1994, Planet Hollywood opened at the Streets of Mayfair in Coconut Grove. In October 1997, Planet Hollywood opened at Northport Marketplace in Fort Lauderdale. In …

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