Will Your Favorite Restaurant Close Down This Year? Here’s The List To Find Out

Published on 06/28/2020
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Papa John’s

These days, America’s fourth-largest pizza delivery restaurant has had a tough time keeping it afloat. The founder got into a difficult situation by using a derogatory, racist remark that made him step down last year. Sales dropped by 7.8% due to the outrage related to the incident and the change in management. And due to this dramatic change, analysts tried to warn that in 2019 there would be a lot of closures happening. It was widely believed that it would close as many as 250 branches.

Papa John’s

Papa John’s

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Pie Five

If you want a handmade pizza that will be ready in five minutes and also styled to your personal preferences, then Pie Five is the place to go. Even though it was barely ten years ago, the idea of fast-casual caught on in the U.S. and spread like wildfire outside of Texas. Unfortunately, they start to crumble just as quickly as they went up. The company has shut down more than 30 locations in the last couple of years. Matter of fact, all through 2019, they shut down even more.

Pie Five

Pie Five

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