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California Pizza Kitchen's Chapter 11 Bankruptcy Signals Tougher Restaurant Struggles

Dining Chains With Biggest Footprints Scramble to Adjust to Pandemic Realities
California Pizza Kitchen's Chapter 11 bankruptcy filing is the latest sign of struggle as the restaurant industry looks to rebound from sales declines caused by the coronavirus pandemic. (CoStar)
California Pizza Kitchen's Chapter 11 bankruptcy filing is the latest sign of struggle as the restaurant industry looks to rebound from sales declines caused by the coronavirus pandemic. (CoStar)
CoStar News
July 30, 2020 | 9:25 P.M.

California Pizza Kitchen's decision to seek Chapter 11 bankruptcy protection is just the latest indication of how the coronavirus pandemic is slamming business at restaurant properties nationwide, from diner chain Denny's to fast-food company McDonald's to Pizza Hut owner Yum Brands.

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