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Giant pizza restaurant chain closing 250 restaurants nationwide
Yahoo Finance· 2026-02-04 23:58
The downturn in the pizza restaurant sector is continuing into 2026 with major dining chains closing hundreds of locations, making it more difficult for consumers to get their favorite meal. Other smaller pizza chains filed for bankruptcy in 2025, including Bertucci's Restaurants, which filed for Chapter 11 protection on April 24, 2025, and Backdraughts, filing on July 23, 2025. Major pizza restaurant franchisees also had financial difficulty last year and filed for bankruptcy protection, including Domino's ...
Jack in the Box to close up to 200 restaurants, mulls sale of Del Taco
New York Post· 2025-04-23 23:17
measures would help reduce the company's debt, improve long-term financial performance across its restaurant system and strengthen the balance sheet. Christopher Sadowski The San Diego, California-based firm has engaged Bank of America Securities to assist in the process of exploring strategic alternatives for the Del Taco brand, including a possible divestiture. The hamburger chain bought Del Taco in 2022 in a $575 million deal, looking to capitalize on the Mexican food chain's drive-thru foothold. Jack in ...