Teddy Tsim

Co-founder of Chip City

Appears in 1 story

Last updated Oct 25, 2026

Stories

Chip City closes all locations

Money Moves

Co-founded the chain, which closed all of its stores in October 2026

Chip City closed its last stores on Oct. 1, telling employees by email that they were not needed the next morning. The chain, which opened its first shop in Astoria, Queens, in 2017, blamed "significant macro-economic headwinds" and said it had run out of funding.

Updated Oct 25