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.
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.
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.
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.
THE COLONY, Texas — Tim Taft, president and chief executive officer of Pizza Inn since March 31, knows the challenge to revive the 47-year-old pizza chain is a stiff one. But he believes it's possible because of the brand's great heritage and its dedicated franchisees.
THE COLONY, Texas — Seven months after it usually holds its annual meeting, shareholders of publicly traded Pizza Inn's were set to convene at the 350-unit chain's headquarters on June 23. According to a news release, Tim Taft, who was...
THE COLONY, Texas — Pizza Inn reported a 3.2 percent dip in comparable-store sales for the 12 weeks ended March 27, 2005. According to a regulatory filing, the 400-unit chain lost $20,000 during the quarter, versus a profit of $617,000 in the same period last year.
THE COLONY, Texas — Despite writing questionably large parachute payouts into their labor agreements nearly three years ago, two Pizza Inn executives have new contracts. According to a regulatory filing, chief financial officer, Shawn Preator, and senior vice president of...
LOUISVILLE, Ky. — Pizza Inn's new chief executive and president, Tim Taft, will earn a $1 salary in his first year at the company, but his contract grants him the right to buy 5 percent of the chain immediately. According...
THE COLONY, Texas — Pizza Inn appointed Tim Taft, 46, its new president and chief executive officer on March 31. He replaces interim CEO Robert Page and, according to a news release, will assume his duties immediately.
THE COLONY, Texas — Financial, sales and legal woes continue at 400-plus-unit Pizza Inn. On Feb.
United Press International: The world's top three pizza chains are charging for delivery in Hawaii. Domino's tacked on a $1.25 delivery fee more than a year ago, and in the past several weeks, Pizza Hut and Papa John's Pizza have begun charging $1 to deliver.
THE COLONY, Texas — The Jan. 4 appointment of Robert Page as Pizza Inn's interim chief executive officer has placed the company out of compliance with marketplace rules as stated by NASDAQ.
THE COLONY, Texas — The board of directors of Pizza Inn appointed Robert B. Page as acting chief executive officer during a special meeting convened Jan.
Senior Editor Steve Coomes takes a look at who won and who lost in the pizza business in 2004. He also analyzes his predictions made at the end of last year, and takes a shot at prophesying what will happen in 2005.
Dallas Morning News: Ronald W. Parker, who was dismissed Dec.
THE COLONY, Texas — Embattled Pizza Inn CEO Ronald Parker was officially fired on Dec. 11 by the 410-unit chain's board of directors.
Now that CEO Ronald Parker is gone from Pizza Inn, will the company be able to right its ship and steam toward a better future?
A shareholder proxy gave Pizza Inn's largest shareholder control of its board of directors.
LOUISVILLE, Ky. — Unnamed sources have reported that embattled Pizza Inn CEO Ronnie Parker resigned Nov. 29.