Pizza Inn is a Dallas-based restaurant chain and international food franchise, specializing in American-style pan pizza, pasta, and side dishes, owned by Rave Restaurant Group.
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 restaurantPie 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 was 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]
On February 5, 2021, Pizza Inn reported 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.[10]
On January 5, 2021, Pizza Inn released a 630-word statement regarding the company's concerns about the legitimacy of the 2020 US presidential election. "Like most Americans, we are alarmed by the uncertainties and resulting lack of faith in our election system," CEO Brandon Solano said in the statement.[11] While the release stated it was not advocating to overturn the election, Pizza Inn and its leadership expressed that "hastily certifying the results in Congress" was not "appropriate". The statement went on to advocate for specific changes to federal voting laws, including voter ID, the elimination of electronic voting machines, and the elimination of mail-in ballots.[12] Following the events of January 6th, Pizza Inn apparently took down the press release from the PR Newswire website, though it was still accessible on the company's Facebook page.[13]