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MOD Pizza

Leadership

MOD Pizza's plan to stabilize the business: They're working on it

 By Lisa Jennings on Sep. 23, 2024

With a new leadership team in place, the fast-casual pizza chain is starting to take steps to grow top-line sales and set the tone and vision, says its new VP of marketing.

Food

MOD Pizza rolls out new tiered pricing options

 By Lisa Jennings on Sep. 17, 2024

New owner Elite Restaurant Group says the move is designed to offer more options for value.

Financing

MOD Pizza's new owner plans to refranchise its company-owned restaurants

By Lisa Jennings on Sep. 13, 2024

Elite Restaurant Group said it has hired a specialist to assist with a comprehensive effort to sell locations nationwide to franchise operators.

Leadership

CEO Beth Scott has departed from MOD Pizza

By Lisa Jennings on Jul. 22, 2024

Other members of the fast-casual pizza chain's executive team also have exited following the acquisition by Elite Restaurant Group, according to sources familiar with the deal.

Financing

Why MOD Pizza is not out of the woods yet

By Jonathan Maze on Jul. 15, 2024

The Bottom Line: The fast-casual pizza chain was sold last week to Elite Restaurant Group. But few who’ve seen the finances believe the company can avoid closing large numbers of stores.

Operations

Here's what we know about the new owner of MOD Pizza

By Lisa Jennings on Jul. 15, 2024

Elite Restaurant Group has been an active buyer over the years. But what are MOD's sister brands within the group's portfolio now?

Operations

MOD Pizza acquired by Elite Restaurant Group

By Lisa Jennings on Jul. 10, 2024

In a deal that aims to avoid bankruptcy, the Bellevue, Washington-based fast-casual pizza chain has agreed to sell 100% of its equity to a Southern California-based group that has owned brands like Slater's 50/50, Project Pie and Patxi's Pizza.

Financing

Why the potential MOD Pizza bankruptcy is a big problem

By Jonathan Maze on Jul. 03, 2024

The Bottom Line: The fast-casual pizza chain's apparent downfall may color the industry's condition more than Red Lobster. But MOD was a victim of its own decisions.

Financing

MOD Pizza is reportedly considering a bankruptcy filing

By Jonathan Maze on Jul. 03, 2024

The fast-casual pizza chain, for years one of the country’s fastest-growing concepts, said it is “exploring all options” to improve its capital structure.

Operations

MOD Pizza shuttered 26 restaurants during the first quarter

By Lisa Jennings on Apr. 09, 2024

Five units were in California but the fast-food wage there was not to blame, the fast casual said. The closed restaurants in 10 states and the District of Columbia were "underperformers."

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