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Pizza

Emerging Brands

How a 6-unit fast casual is behaving like a much bigger chain

Denver-based Mici Handcrafted Italian has some big-name advisors, well-oiled operations, a thriving rewards program, and it’s starting a major growth push after 17 years building its foundation.

Financing

Investment firm takes a minority stake in Toppers Pizza

The undisclosed investment by Great Plains Capital LLC will be used to speed up growth plans at the quick-service pizza chain.

The pizza chain has had the same $5.99/$7.99 offers for years. Higher labor and food prices have some analysts wondering if the company will change it, says RB’s The Bottom Line.

Southwest Pizza had been an operator of the CEC Entertainment-owned brand for nearly 40 years.

The pizza chain has promoted Max Wetzel to an expanded role as chief commercial officer, where he will oversee North America operations as well as marketing.

The company is partnering with Prepango to launch up to 200 automated kiosks in airports over the next year and a half.

Labor challenges and the end of stimulus payments left the company with its first same-store sales decline in 40 quarters and may portend to a slowing recovery, says RB’s The Bottom Line.

The pizza chain’s U.S. comparable store sales declined 1.9% but were up 15.6% on a two-year basis.

The media mogul will use his large following to help attract more pizzerias to the tech platform.

Executives from the better burger brand, which announced a deal to purchase the casual-dining chain for $161.3 million this week, said they intend to turn a pared-down, fast-casual Anthony’s prototype into a growth vehicle.

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