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California Pizza Kitchen

Food

Super Bowl and Valentine’s Day rule menus this week

Heart-shaped pizzas, doughnuts and trays; Hard Rock's Super Bowl and Valentine’s specials; football themes at BWW, Subway and Moe’s.

Financing

Shift to franchising signals fresh outlook for California Pizza Kitchen

The strategy represents a new era for the chain as it emerges from bankruptcy and a decade of shrinking sales and unit counts.

The 200-unit chain plans to get back to growth with the new strategy.

With consumers continuing to cook at home, CPK is not abandoning the meal kit idea. The chain is providing families with a quick, cost-effective dinner solution.

The Asian chain is reportedly considering an initial public offering, while the pizza concept is exploring the idea months after emerging from bankruptcy.

Chickpeas move in to dethrone cauliflower as the next low-carb, gluten-free, veggie-based pizza crust option.

The casual chain says its debt load is $220 million lighter, with no repayments due near-term.

With few buyers willing to take a risk, credit bids become far more common in bankruptcy sales, says RB’s The Bottom Line.

The company has dwindling cash and is looking to close unprofitable locations and reduce its debt.

Restaurants continue to come up with creative ways to deal with COVID-19.

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