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. Pizza restaurants have faced severe economic headwinds over the last two years, as several chains have dealt with fierce competition, rising labor and food costs, and high lease rates requiring several companies to launch out-of-court restructurings, close locations, and in some cases, file for bankruptcy. Seattle-b ...

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 ...