Mod Pizza chain could soon be filing for bankruptcy: report
Why might Mod Pizza file for bankruptcy soon?
Mod Pizza may file for bankruptcy soon due to financial struggles, possibly caused by a combination of factors such as underperforming locations, increased competition, and the impact of the current economic climate. The company has already closed 26 underperforming locations in April, and more may have shut down since then.
How many Mod Pizza locations are there in the US?
Mod Pizza currently has over 500 locations across the United States.
What recent action did Mod Pizza take regarding its CEO?
Mod Pizza appointed Beth Scott, previously the chief restaurant officer at Cooper's Hawk, as its new CEO in January. She replaced co-founder Scott Svenson, who moved to the executive chairman role. Beth Scott has over two decades of experience in the restaurant and hospitality sectors, having also held leadership positions at Disney Parks & Resorts and Hilton.