Popular nationwide pizza chain set to file for bankruptcy in days - sparking fears its 500 restaurants could close

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Popular nationwide pizza chain set to file for bankruptcy in days - sparking fears its 500 restaurants could close

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A popular pizza chain is the latest to face money problems in the face of rising costs and falling customer numbers. Mod Pizza is preparing to file for bankruptcy as early as next week, sources told Bloomberg on Wednesday. The plans are not finalized and could still change, the person familiar with the matter said. 'We're working diligently to improve our capital structure and are exploring all options to do so,' a Mod Pizza spokesperson said in an emailed statement.
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