Pizza Inn planning 16 units in Guatemala

THE COLONY, Texas — Pizza Inn announced plans to open a minimum of 16 locations in Guatemala over the next five years.   According to a news release, the chain transferred master licensee rights for Guatemala from Victor Passarelli to Oscar Fernando Tres of Productos y Servicios de Restaurantes S.A.

Losses mount as Pizza Inn continues to rebuild

THE COLONY, Texas — Losses continue to add up at Pizza Inn, a chain struggling to return to its profitable past.   According to a regulatory filing, the 371-unit company lost $4.4 million for the fourth quarter ended June 25, 2006.

Pizza Inn warns of $7 million loss in fiscal 2006

THE COLONY, Texas — Pizza Inn warned in a regulatory filing that results for fiscal 2006, ended June 25, will be down significantly compared to 2005. According to the filing, multiple factors played a role in what will amount to...

Pizza Inn settles with Parker, former CEO, for $2.8 million

LOUISVILLE, Ky. — Ronald Parker, former chief executive of Pizza Inn, will receive $2.8 million as part of a settlement with the chain he led for two tumultuous years.

Pizza Inn to outsource bulk of food distribution

THE COLONY, Texas — Pizza Inn announced a significant change to its supply chain management that will reduce costs at its wholly owned distribution division, NORCO Restaurant Services Company. According to a news release, the announcement represents a dramatic shift...

Pizza Inn named preferred supplier for 2006 Asian Games in Doha

  THE COLONY, Texas — Pizza Inn has been named the preferred pizza supplier for the 15th Annual Asian Games in Doha, Qatar. According to a news release, the event is the second-largest sporting event in the world behind the Olympic Games.

Aggressive Domino's staff takes battle to Pizza Hut parking lot

Sunshine Coast Daily: Franchisees of a Pizza Hut in Currimundi, Australia, say employees of a Domino's Pizza store are massing regularly outside the Pizza Hut and chanting "war cries" aimed at directing business to Domino's. On July 9, a group...

Pizza Inn gets new interim CFO

THE COLONY, Texas — Clinton J. Coleman was appointed interim chief financial officer at Pizza Inn while the chain searches for someone to fill the post permanently.

Pizza Inn to add 15 Saudi Arabia units

Arab News: Pizza Inn has announced plans to open 15 new outlets in Saudi Arabia over the next six months.

3Q revenue and profit fall at Pizza Inn

THE COLONY, Texas—A slight lift in comparable-store sales couldn't keep revenue and profit from falling during Pizza Inn's fiscal third quarter. According to a news release, system-wide comps rose 0.4 percent for the 12 weeks ended March 26, 2006.

Pizza Inn halts comps slide with positive Q3

THE COLONY, Texas—Pizza Inn put the brakes on a seven-quarter comparable-store sales slide by posting a 1.1 percent increase for the 12 weeks ended March 26, 2006. According to a news release, the 378-unit chain attributed the results to focused...

Pizza Inn turnaround continues while 2Q comps drop

THE COLONY, Texas — Profits and same-store sales were down at 400-unit Pizza Inn, which completed its second quarter (fiscal 2006) Dec. 25, 2005.

Pizza Inn makes two key VP appointments

THE COLONY, Texas — Pizza Inn announced the appointment of Darrell Smith to the post of vice president of development, and the promotion of Danny Meisenheimer to vice president of brand management. According to a news release, the men will work to improve Pizza Inn's systems and processes in hopes of reinvigorating the sputtering 400-unit chain.

Preator, Pizza Inn CFO, resigns

THE COLONY, Texas — Shawn M. Preator, chief financial officer at 400-unit Pizza Inn, resigned on Dec.

Pizza Inn pays $150K to end dispute with ex-VP Clark

LOUISVILLE, Ky. — A year-and-a-half-long dispute between Pizza Inn and former vice president Keith Clark has ended in a settlement between the two parties. According to a Nov.

Pizza Inn selects DiamondTouch POS system

THE COLONY, Texas — Pizza Inn has made DiamondTouch the exclusive POS system for all its new corporate restaurants. In addition, DiamondTouch was reconfirmed as the system of choice for all its franchised units.

Pizza Inn likely defaulted on loan from Wells Fargo

THE COLONY, Texas — Four-hundred-unit Pizza Inn disclosed it may be in default of a loan agreement with Wells Fargo Bank. According to a regulatory filing, the troubled pizza chain informed the bank on Oct.

CEO's letter to shareholders reveals concerns at Pizza Inn

THE COLONY, Texas — A Sept. 22 letter from Pizza Inn chief executive Tim Taft reflected growing shareholder and franchisee concerns over the future of the struggling 400-unit company.

Pizza Inn CEO betting new prototype will spur revival

Dallas Business Journal: Pizza Inn chief executive Tim Taft is banking on a new buffet restaurant design to help reverse the fortunes of the struggling 400-unit company. In the new prototype, opened recently in Plano, Texas, the chain's trademark green, red and black color scheme is replaced with a "brighter, energetic" design.

'05 profits and revenue slide at Pizza Inn

THE COLONY, Texas — Fiscal 2005, ended June 26, was a tough one for Pizza Inn. Net income was $204,000, down from $2.24 million in 2004.

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