• Pizza Inn settles PepsiCo lawsuit

    Tags: Pizza Inn
LOUISVILLE, Ky. — Pizza Inn announced Dec. 14 it entered into a multifaceted settlement and agreement with PepsiCo, which sued the 380-unit chain for breach of contract.
 
According to a regulatory filing, PepsiCo sued Pizza Inn in October of 2005 for terminating a beverage supply contract, penned in 1998, before the chain met set purchase requirements.
 
Pizza Inn sources close to the story, who spoke confidentially, said PepsiCo was not meeting its store-level service requirements and that the pizza chain wanted out of the contract.
 
Under the terms of the settlement, Pizza Inn agreed to pay to PepsiCo $410,000, and both parties dismissed all claims and released each other from all pending and possible claims arising out of or in connection with the agreement.

Related Content

User Comments – Give us your opinion!
Products & Services

Restaurant technology news, trends & best practices

http://global.networldalliance.com/new/images/products/5079.png

5079/Restaurant-technology-news-trends-best-practices

AquaCafe

http://global.networldalliance.com/new/images/products/6965.png

6965/AquaCafe

Pepperoni

http://global.networldalliance.com/new/images/products/6787.png

6787/Pepperoni

Online Ordering

http://global.networldalliance.com/new/images/products/4285.png

4285/Online-Ordering

Supply Chain Management

http://global.networldalliance.com/new/images/products/6405.png

6405/Supply-Chain-Management

Advanced Wireless

http://global.networldalliance.com/new/images/products/6635.png

6635/Advanced-Wireless

FireFly Point-of-Sale

http://global.networldalliance.com/new/images/products/4282.png

4282/FireFly-Point-of-Sale

PeopleMatter HIREā„¢

http://global.networldalliance.com/new/images/products/4625.png

4625/PeopleMatter-HIRE

Food Cost Management

http://global.networldalliance.com/new/images/products/6401.png

6401/Food-Cost-Management

DriverSafe

http://global.networldalliance.com/new/images/products/keyboard_iix.gif

1424/DriverSafe

Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.