Business Strategy and Profitability News
California Pizza Kitchen going to Canada, eh?
February 5, 2020
California Pizza Kitchen, based in Beverly Hills, is taking its wares north of the border to Canada in partnership with longtime Alberta restaurateur, Samira…
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KFC, Pizza Hut launch 'contactless' delivery in China amid virus fears
February 4, 2020
In China, where the coronavirus has taken its heaviest toll thus far, Yum Brands' KFC and Pizza Hut stores have initiated contactless delivery as part of the…
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Fired Pie fires up new concept store
January 31, 2020
Fired Pie is opening a new concept store this morning on West Northern Avenue in Phoenix, Arizona, that the brand said is designed for its increasingly…
read nowBlaze enters multi-unit deal in around Chicago
January 31, 2020
Blaze Fast-Fire'd Pizza has partnered with multi-brand operators Elie Damouni, George Damouni, Nadim Burbar and Daniel Burbar to grow the brand around Chicago…
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Papa John's on target for 90-cent annual dividend
January 30, 2020
Papa John's board said it will pay a quarterly dividend of 22 ½ cents per common share on Feb. 21 to shareholders of record on Feb. 10. The company said in a…
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Yum China closes Wuhan stores due to virus, Yum Brands declares dividend
January 27, 2020
Yum China confirmed that it has temporarily closed some of its KFC and Pizza Hut stores in Wuhan, China due to the well-publicized coronavirus outbreak there…
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Marco's names operations chief to guide growth
January 14, 2020
Marco's Franchising, LLC. has moved longtime franchisee and area representative, Tim Brown, into the role of vice president and chief of operations. The brand…
read nowPizza robot startup, Zume, reportedly laying off most of its workforce
January 7, 2020
SoftBank-backed robotic pizza startup, Zume, plans to lay off up to 400 employees — 80% of its staff— and won't renew its Seattle lease in an effort to stop…
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Restaurant operators say low productivity, high non-compliance year's top problems
January 7, 2020
Restaurant chain operators said sagging productivity and overall on-the-job non-compliance will be among their top targets for improvement this year, according…
read nowLargest Pieology franchisee takes on 21 corporate locations
January 2, 2020
Pieology Pizzeria has refranchised 21 corporate-owned restaurants to one of its largest franchisees, Akash Management, Llc. CEO Amir Siddiqi, who already is a…
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Pie Five perfects some pint-sized chefs in Lone Star State
December 6, 2019
The first U.S. location of the interactive kids center, KidZania, also contains a Pie Five Pizza where youngsters can role play as pizza chefs to create their…
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Postmates slashes staff, closes Mexico City office as investors sour on gig companies
December 4, 2019
On demand delivery service Postmates has slashed dozens of jobs and closed its Mexico City office amid rising investor concerns about several high profile gig…
read nowBlack Friday restaurant gift card sales nearly 10% higher this season
December 4, 2019
A Paytronix analysis of Black Friday restaurant gift card sales reveals a 9.73% increase compared to last year and sales for the holiday shopping weekend…
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'From pizza to pad thai' -- Kroger-Clustertruck partnership puts ghost kitchens in Midwest metros
December 3, 2019
U.S. grocery superpower, Kroger, has partnered with delivery-only software platform, Clustertruck to offer a ghost kitchen concept that will serve multiple…
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Domino’s halves online pizza prices through Saturday
December 2, 2019
From now through Dec. 8, Domino's is extending its Cyber Monday deal of half off all online orders for menu-priced pies, a news release said.
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Domino's 1st Czech Republic store open
November 21, 2019
Global retail pizza sales leader, Domino's Pizza, is getting more global, opening its first store Czech Republic store in Brno through a partnership with…
read nowBoston's Pizza begins US expansion with Texas growth spurt
November 20, 2019
Boston's Pizza Restaurant & Sports Bar has signed a four-unit development agreement with entrepreneurs, Harry Singh and Jesse Thind for the Dallas/Ft.
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California Pizza Kitchen names former Telepizza, Dunkin' international pres to top development spot
November 20, 2019
California Pizza Kitchen has named former Telepizza International and Dunkin' Brands international president, Giorgio Minardi as its executive vice president…
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Rave president out, new COO + CMO in
November 18, 2019
Just after the close of a brutal week on the stock market for Pizza Inn and Pie Five parent, Rave Restaurant Group, the company said late Friday its President…
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Chuck E. Cheese parent sales up for 2019 thus far, down for Q3
November 7, 2019
Chuck E. Cheese and Peter Piper Pizza parent, CEC Entertainment, Inc. said over the first three quarters of this year its comparable venue sales grew 2.7% over…
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