# Peter Phillips

> Peter Phillips is a Queens-born entrepreneur with a background in construction and real estate. He co-founded Chip City with childhood friend Teddy Gailas in 2017, led its expansion beyond New York, and co-founded Somedays Bakery in 2024. He stepped down as Chip City CEO in March 2026; the chain closed its remaining stores that October. Somedays Bakery identifies him as its founder and CEO.

- **Role:** Founder & CEO at Somedays Bakery
- **Organizations:** Somedays Bakery, Chip City, Massi’s Sandwich Shop
- **From:** Queens, New York, United States
- **Known for:** Co-founded Chip City in 2017 and led its growth from one small Queens shop to a multistate retail chain., Led Chip City during its announced $10 million EHI investment in 2022 and $7.5 million Series B in 2024., Co-founded Somedays Bakery with pastry chef Arlander Brown, opening its first Astoria location in spring 2024.

## Career timeline

- **Before 2017** — Worked in real estate brokerage, development and construction; learned project management through his father’s development business.
- **2017** — Co-founded Chip City with Teddy Gailas; the first shop opened in Astoria, Queens, in July.
- **2021** — Described Chip City’s centralized production operation and 18,000-square-foot commissary in a Food Institute interview.
- **2022** — Chip City received a $10 million investment from Enlightened Hospitality Investments; Phillips described nine equity partners.
- **2024** — Chip City announced a $7.5 million Series B in May, bringing total announced EHI funding across the 2022 and 2024 rounds to $17.5 million. Somedays Bakery opened in Astoria in spring.
- **2025** — Expanded Somedays through an early franchise model; also launched Massi’s Sandwich Shop, according to Beyondish.
- **2026-03** — Stepped down as Chip City CEO under a restructuring agreement described in subsequent reporting.
- **2026-07** — Discussed Somedays expansion plans for Midtown East, Union Square and Philadelphia.
- **2026-09** — Filed a September 28 lawsuit against Chip City, EHI entities and executives alleging unpaid compensation and other contractual violations.
- **2026-10** — Chip City closed its remaining 22 stores at the end of October 1 and publicly announced the closure October 2. Somedays’ official site continues to identify Phillips as founder and CEO.

## Achievements

- Co-founded Chip City in 2017 and led its growth from one small Queens shop to a multistate retail chain.
- Led Chip City during its announced $10 million EHI investment in 2022 and $7.5 million Series B in 2024.
- Co-founded Somedays Bakery with pastry chef Arlander Brown, opening its first Astoria location in spring 2024.
- Introduced equity participation for key Chip City colleagues; nine equity partners were reported in 2022.

## Latest updates

- **2026-10** — Chip City publicly confirmed the closure of all remaining shops October 2, following the final operating day October 1. Phillips had already stepped down as CEO in March.
- **2026-09** — Phillips filed suit September 28 over alleged unpaid transition compensation and contractual disputes. These remain allegations, not findings of liability.
- **2026-07** — Discussed Somedays Bakery’s planned expansion in Manhattan and Philadelphia.

## Links

- LinkedIn: https://www.linkedin.com/in/peter-phillips-a0924a101

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Profile page: https://yespress.io/peter-phillips
Published by YesPress — https://yespress.io
Last updated: 2026-10-24