Popular pizzeria & Uno's rival abruptly shuts down after 17 years - with reservations & parties stil
A POPULAR pizza joint has dished out its last pies as it abruptly shuts its doors after 17 years in service.
Uno rival Stone Fire Pizza shocked customers on Tuesday after announcing that it shut down its New Berlin, Wisconsin, location.
The unexpected news was announced on the company's website.
"It is with great sadness and regret that after 17 years of serving the New Berlin/Milwaukee community we are closing our doors permanently," the announcement said.
The company did not explain why the location was shuttered, only saying that it's working on returning any processed and collected deposits for future events that had been reserved.
Stone Fire Pizza is the latest business to fall victim to the retail apocalypse crippling consumers nationwide in recent months.
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Several eateries, including Burger King, Hardee’s, and McDonald's, have announced store shutdowns in recent weeks.
HARD-EE TIMES
Around 108 Hardee’s locations could be forced to close after their franchise owner filed for Chapter 11 bankruptcy protection in early May.
Summit Restaurant Holdings operates Hardee’s stores in Alabama, Florida, Georgia, South Carolina, Kansas, Missouri, Wyoming, and Montana.
To save these restaurants, Summit and its parent group CKE Restaurants are looking for a buyer.
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Summit previously closed 39 Hardee’s locations to try and stave off financial issues.
Another 5,000 plus Hardee’s restaurants are owned by other franchisees and are unaffected by the bankruptcy filing.
BROKEN CROWN
Meanwhile, Burger King announced that it plans on closing 400 locations this year.
Joshua Kobza, CEO of Burger King's parent company Restaurant Brands International, said that mass closures are being planned to protect the brand from further damage.
The fast-food giant surprised analysts with a 12.3 percent increase in global same-store sales in the first quarter of the year and an 8.7 percent increase in same-store sales in the U.S. after launching a $400million "Reclaim the Flame" campaign.
However, RBI chairman Patrick Doyle said that stores unable to meet sales goals will be asked to shut down in the coming months.
"There will always be a minority who aren't dedicated enthusiastic operators, and that's OK," Doyle said during RBI's first quarter earnings call.
"We'll work with them to leave the system and move on to do something else. There simply is no room for franchisees who are not willing or able to work hard to operate restaurants that are better than the system average over the long term."
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While Kobza reminded the public that the 400 closures are still uncertain at this time.
Burger King rival McDonald's has also shuttered nine stores within the New York Thruway service areas.
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