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Stock impact report

Giant pizza restaurant chain closing 250 restaurants nationwide [Yahoo! Finance]

Yum! Brands, Inc. (YUM) 
Last yum! brands, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: yum.com/investors
Company Research Source: Yahoo! Finance
Pizza restaurants have faced severe economic headwinds over the last two years, as several chains have dealt with fierce competition, rising labor and food costs, and high lease rates requiring several companies to launch out-of-court restructurings, close locations, and in some cases, file for bankruptcy. Seattle-based Mod Pizza operated about 500 locations in 2024, but economic challenges forced it to close 27 units and sell its assets to Chatsworth, Calif.-based Elite Restaurant Group. The restaurant chain did not solve its economic problems and has continued closing locations, as its website lists 448 units as of Feb. 4. Other smaller pizza chains filed for bankruptcy in 2025, including Bertucci's Restaurants, which filed for Chapter 11 protection on April 24, 2025, and Backdraughts, filing on July 23, 2025. Major pizza restaurant franchisees also had financial difficulty last year and filed for bankruptcy protection, including Domino's operator People First Pizza Inc., w Show less Read more
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