The popular Bertucci’s Italian restaurant chainrecognized for his pizzas and brick baked pizzas, has collapsed financially and He has declared bankruptcy for the third time Since 2018. According to judicial documents recently submitted in Florida, the company seeks protection under the Chapter 11 of the United States Bankruptcy Lawhoping to reorganize your operation and stabilize your finances.
Bertucci’s is declared in bankruptcy for the third time: what is happening?
Bertucci’sbased in Massachusetts, has closed seven branches in recent days. According to information published by Fox Business, the closures affect five stores in Massachusetts, one in Rhode Island and another in Maryland. After this new cut, The chain is with only 15 restaurants operating in six states along the east coast of the United States.
In the documents presented to the Court, the company argues that inflation and low demand For traditional brands of informal restaurants, they have been key factors in the fall of their income.
Factors that led to the new financial collapse
Among the main causes that caused this new Banking statementBertucci’s stood out:
- Inflationary pressures sustained
- Decrease in spending by consumers.
- High operating costsespecially in food.
- Changes in preferences from the public towards more modern or fast options.
- Persistent impact of the COVID-19 pandemic.
Bertucci’s had already declared bankruptcy
Bertucci’s had already declared bankruptcy in April 2018which resulted in the closure of 15 stores at that time. In December 2022the chain fell again in chapter 11 after suffering the effects of the pandemic, including temporary closures and a strong increase in costs. Following that restructuring, it reduced its operation to only 23 restaurants.
Despite recovery attempts, persistent challenges have made the business Stagger again. Until now, the enterprise He has not offered additional statements or detailed the concrete steps he will take to protect his remaining operations, according to Fox Business.
It is not the only case: other pizza chains are also in crisis
The difficult situation of Bertucci’s reflects a broader trend within the sector of the Pizzerías In the country. Other companies in the field too They have had to declare themselves bankrupt or close multiple stores recently:
- Eym pizza lpPizza Hut franchisee, declared in bankruptcy in July 2024. 142 premises operated, of which it closed 50 and sold 77 at auction, according to The Street.
- Domino’s Pizza Enterprisesthe largest Franchise of Domino’s in the world, announced in February 2025 the closure of 205 low -performance stores, including 172 in Japan.
- People first Pizza Inc.Domino’s operator in California, also resorted to Chapter 11 facing debts greater than $ 500,000.
