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Planet Hollywood Converting Its Times Square All Star Cafe to Regular Restaurant

ORLANDO-Fighting to return to profitability, the locally-based, celebrity-themed chain also plans to close its 57th Street Planet Hollywood unit in New York by year end. The 45th Street Official All Star Cafe closed last week.

By Alex Finkelstein | Updated on October 02, 2000

ORLANDO-Emerging from Chapter 11 protection from creditors last year, the reorganized 60-restaurant Planet Hollywood company is sticking to its core operations converting, closing or selling unprofitable locations.

For example, by year end, the Orlando-based chain plans to convert its Time Square Official All Star Cafe to a regular Planet Hollywood restaurant displaying movie star memorabilia throughout the premises.

When the conversion is finished, the company will be closing its Planet Hollywood unit on 57th Street in New York because that restaurant will be only nine blocks from the Times Square unit’s location. The All Star Cafe on 45th Street closed last week.

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