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Award-Winning Pizza Restaurant Chain Files for Chapter 11 Bankruptcy
Another major restaurant brand has been hit by the growing financial pressure facing the food industry. An award-winning pizza restaurant chain has officially filed for Chapter 11 bankruptcy protection, shocking loyal customers and raising concerns about the future of several restaurant locations across the country.
The filing marks the latest example of how rising operating costs, changing customer habits, inflation, and increased competition are continuing to impact even well-known restaurant brands.
The U.S. pizza industry is worth nearly $46 billion in revenue as of ... The 2020 Pizza Power Report: A State-of-the-Industry Analysis
The Pizza Chain of Life.