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Maroc Maroc - WN.COM - Americas - 05/Jan 05:39

America Is Falling Out of Love With Pizza

The restaurant industry is trying to figure out whether America has hit peak pizza. PREMIUM For representational purpose only. Once the second-most common U.S. restaurant type, pizzerias are now outnumbered by coffee shops and Mexican food eateries, according to industry data. Sales growth at pizza restaurants has lagged behind the broader fast-food market for years, and the outlook ahead isn’t much brighter. “Pizza is disrupted right now,” Ravi Thanawala, chief financial officer and North America president at Papa John’s International, said in an interview. “That’s what the consumer tells us.” The parent of the Pieology Pizzeria chain filed for chapter 11 bankruptcy protection in December....

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