Pizza Inn

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Pizza Inn
TypePublic
Nasdaq: RAVE
IndustryRestaurants
FoundedDallas, Texas
(1958; 64 years ago (1958))
FoundersJoe Spillman
R. L. Spillman
Headquarters
The Colony, Texas
,
USA
Key people
Brandon Solano (CEO)
ProductsPizza, pasta, chicken wings, salads, sandwiches, desserts and soft drinks
Websitewww.pizzainn.com

Pizza Inn is an American restaurant chain and international food franchise, specializing in American-style pan pizza, pasta, and side dishes.

The company is based in the Dallas suburb of The Colony, Texas.[1] At its peak, Pizza Inn had over 500 locations in 20 states.[2] As of June 28, 2020, Pizza Inn had 252 stores within the United States, located primarily in towns within the Southern United States, and 38 stores internationally.[3]

History[]

In 1958, two Texas brothers, F.J. (Joe) and R. L. Spillman,[4] opened the first Pizza Inn in Dallas.

In the mid-1980s, the restaurant chain had a commercial deal with the Von Erich family, with Kerry Von Erich, Kevin Von Erich, and Mike Von Erich appearing in a series of televised commercials. [1]

In June 2011, Pizza Inn launched the fast casual restaurant Pie Five Pizza, which specializes in customizable pizzas that are made within five minutes, in Fort Worth, Texas.[1][5] They had five locations within the Fort Worth area by the end of the year.[5] As of January 2015, they had 31 locations.[5]

In October 2011, Pizza Inn opened their first of five planned Chinese locations in Hangzhou, China.[6]

Former PepsiCo and Yum! Brands executive Randy Gier joined the company in 2012. He served as CEO until 2016.[7][8]

On January 9, 2015, the parent company Pizza Inn Holdings (ticker symbol: "PZZI") was rebranded as a portfolio company named RAVE Restaurant Group (ticker symbol: "RAVE") as Pie Five Pizza locations began to increase.[5]

In May 2018, Rave Restaurant Group opened its first PIE by Pizza Inn Express pizza kiosks with Delaware North at the Fort Lauderdale–Hollywood International Airport.[2][9]

In October 2019, RAVE Restaurant Group announced that its board of directors had named Brandon L. Solano as chief executive officer.[10]

On February 5, 2021, it was reported that Pizza Inn had seen improving sales amid hectic environment during the COVID-19 pandemic. In the period ending December 27, domestic same-store sales decreased from $18.95 million to $15.46 million, or 18.4 percent for the company, which is the chain's best performing quarter since the pandemic began. Pizza Inn also saw comparative sales drop 39 percent in the quarter ending June 28 and 22 percent in the quarter ending September 27.[11]

See also[]

References[]

  1. ^ a b Thompson, Steven R. (September 20, 2011). "Pizza Inn to expand Pie Five concept". Dallas Business Journal. Retrieved 2020-12-30.{{cite web}}: CS1 maint: url-status (link)
  2. ^ a b Bernstein, Larry (May 2018). "Pizza Inn's Resurgence Hits High Gear". FSR magazine. Retrieved 2020-12-30.{{cite web}}: CS1 maint: url-status (link)
  3. ^ Coley, Ben (September 2020). "Pizza Inn Parent Remains Challenged by COVID Pandemic". FSR magazine. Retrieved 2020-12-30.{{cite web}}: CS1 maint: url-status (link)
  4. ^ "Little Pizza Venture Becomes Big Business" by Ledgerwood Sloan. Dallas Morning News, 19 Jun 1966. Retrieved 2014-07-19.
  5. ^ a b c d "Pizza Inn parent becomes Rave Restaurant Group as sister brand, Pie Five, grows". Dallas News. 2015-01-09. Retrieved 2020-12-30.{{cite web}}: CS1 maint: url-status (link)
  6. ^ Quillen, Alanna (October 19, 2011). "Pizza Inn Expands to China". NBC 5 Dallas-Fort Worth. Retrieved 2020-12-30.{{cite web}}: CS1 maint: url-status (link)
  7. ^ Hunter, Glenn (March 2016). "A Tale of Two Pies". D Magazine. Retrieved 2020-12-30.{{cite web}}: CS1 maint: url-status (link)
  8. ^ Kezar, Korri (Jul 21, 2016). "Rave Restaurant Group names interim CEO as top exec steps down". Dallas Business Journal. Retrieved 2020-12-30.{{cite web}}: CS1 maint: url-status (link)
  9. ^ "Pizza Inn opens non-traditional kiosk location". www.fastcasual.com. 2018-05-30. Retrieved 2020-12-30.
  10. ^ "RAVE Restaurant Group, Inc. Names Brandon Solano CEO" (Press release). RAVE Restaurant Group. PR Newswire. October 21, 2019. Retrieved April 8, 2021.
  11. ^ "Pizza Inn Sees Improving Sales Amid Hectic Environment". FSR Magazine. February 5, 2021. Retrieved April 8, 2021.

External links[]

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