Huge pizza chain operator closes over 200 locations

Authorized pizza chains beget battled by plan of financial wound over the final five years, going by plan of better labor and food costs precipitated by rising inflation, a dramatic fabricate bigger in curiosity rates that raised the mark of debt, and long-term results from the Covid-19 pandemic that are collected inflicting problems for restaurant operators.

Restaurants were dealt crippling mark increases from 2019 to 2024, as food costs for the sensible restaurant elevated by 29% and labor costs rose by 31% in the identical length, per the National Restaurant Affiliation.