Pizza should be the perfect food for challenging economic times.
It’s filling, relatively affordable, and comforting. You can feed a family of four a pizza meal for under $30, and most people (kids, especially) will be happy with the choice.
That has not meant every pizza chain has thrived. Both Pizza Hut and Papa John’s are closing hundreds of restaurants, while Americans have made a notable change in their dining habits.
“While food-service remains dominant with nearly two-thirds ordering carryout monthly, delivery has declined from 61% in 2022 to 55% in 2025, according to the 2025 Technomic Pizza Consumer Trend Report. The most telling shift: 25% of consumers report eating more frozen pizza instead of restaurant options due to price increases.”
In a broad sense, pizza chains have struggled after a Covid-pandemic boom.
“In 2024, the pizza segment struggled significantly, with Technomic’s Top 500 Restaurants data showing 61% of pizza chains experienced declining sales. Only one pizza brand — Fort Worth-based pizza buffet chain Mr. Gatti’s Pizza — managed to achieve double-digit growth. This downturn in pizza sales contrasted sharply with the super-competitive coffee segment, where 88% of chains saw positive sales growth,” according to Nation’s Restaurant News.
Now, Gina Maria’s Pizza has followed the closure of all of its restaurants with a Chapter 7 bankruptcy filing.
Northern Brands, which has been doing business under the Gina Maria’s Pizza brand name, filed for Chapter 7 bankruptcy on March 26, according to court documents on PacerMonitor.
“Gina Maria’s Pizza abruptly closed its four western Twin Cities locations in October without offering a reason,” according to the Minneapolis/St. Paul Business Journal.
A Chapter 7 bankruptcy filing means the brand intends to liquidate, not restructure.
More pizza stories from TheStreet:
“Northern Brands Inc. — which operated Gina Maria’s Pizzas locations in Chanhassen, Eden Prairie, Edina and Plymouth — has nearly $2.9 million in liabilities and about $64,000 in assets, according to court filings. The filing lists Porfioro Godinez as the company’s authorized representative of debtor. It lists Phil Godinez as CEO,” the Business Journal added.
A California pizza restaurant using a similar name is not included in the filing and appears to have no relation to the entity that filed for Chapter 7 bankruptcy.
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