Domino’s, the world’s largest global pizza chain by global sales, has reportedly filed for Chapter 11 bankruptcy, Yahoo! Finance reports.
Domino’s parent company, North County Pizza Inc., reportedly filed its petition in the U.S. Bankruptcy Court for the Southern District of California on March 11, listing a range of $100,000 to $1 million in assets and $1 million to $10 million in liabilities via BankruptcyObserver.com.
“NORTH COUNTY PIZZA, INC. filed a 11 chapter bankruptcy in the Southern District of California bankruptcy court on March 11, 2026,” the website states. “This is a voluntary filing; it was assigned the bankruptcy case number #26-00968.
“The bankruptcy petition for NORTH COUNTY PIZZA, INC. showed assets in the range of $100,001-$1,000,000 with liabilities in the range of $1MM – $10MM. NORTH COUNTY PIZZA, INC. reports that the number of creditors is in the range of 1-49.
“The debtor indicated their nature of business as: None of the Above. According to the debtor’s petition, NORTH COUNTY PIZZA, INC.’s industry is Restaurants and Other Eating Places.”
Domino’s is considered the largest pizza chain in the United States with about 7,090 units as of 2025 and the largest global pizza chain with 20,000 locations worldwide. Domino’s bankruptcy followed Papa John’s decision to close 300 underperforming restaurants, which will include 200 by the end of 2026, and reduction of its workforce by 7%.
“We have identified approximately 300 underperforming restaurants across North America that are not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant,” Papa John’s CFO Ravi Thanawala said in a statement obtained by Yahoo! Finance.
Recent Comments