Competition in the pizza dining sector is fierce, as major chains overexpanded in recent years, squeezing smaller local and regional chains. Major pizza chains are making a huge correction after realizing their mistakes in opening too many locations. Pizza chains close 100s of stores Pizza chain Papa John's shared in its fourth-quarter earnings call that it will close 300 underperforming restaurants, including 200 by the end of 2026. The company did not reveal a deadline for closing the remaining 100. ...