Pie Five the fastcasual chain run by Rave Restaurant Group Inc reported a samestore sales decrease of 147 percent during the first quarter ended Sept 25 and average weekly sales declined 128 percent year over year Pie Five

Pie Five, the fast-casual chain run by Rave Restaurant Group Inc., reported a same-store sales decrease of 14.7 percent during the first quarter ended Sept. 25, and average weekly sales declined 12.8 percent year over year.

Fast-casual pizza segment cools

Saturation nears, the shakeout begins and national leaders emerge

Two years ago, it seemed that everyone and his brother had started or was planning to debut a fast-casual pizza concept.

The build-your-own pizza format of individual pies quickly cooked in high-temperature ovens had become one of the hottest niches within the restaurant industry, with a multitude of players vying to become “the Chipotle Mexican Grill of pizza.”

But roughly eight years after the first fast-casual pizza brands emerged, the frenzy of new launches has

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Contact: Desiree Torres [email protected]

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