The Bottom Line: Chili’s, Dutch Bros and Taco Bell were among the big restaurant chain winners, while KFC and Del Taco were among the losers in a very mixed period.
The Bottom Line: Major pizza brands like Domino’s, Papa Johns and Pizza Hut are trading share with independents. And fast-casual brands are in decline. The sector has a smaller market, thanks to third-party delivery.
The fast-casual pizza chain, which has been mired in an investor lawsuit, is liquidating what’s left of its business. But some franchisee-owned locations remain.
The Bottom Line: The potential bankruptcy filing of MOD Pizza further illustrates the sector’s challenges, which have worsened coming out of the pandemic.
Blaze Pizza is preparing for a brand relaunch, but the concept must first solve some fundamental problems laid bare by the pandemic. CEO Beto Guajardo outlines his strategy for profitability.