California Pizza Kitchen
California Pizza Kitchen has been around since 1985 and has experienced some financial issues, starting in 2003. According to its CEO, it was growing by 16%, but those estimates proved to be false. The company replaced the CEO and experienced some hard quarters ahead. Golden Gate Capital purchased California Pizza Kitchen in 2011, closing underperforming eateries and continuing that trend in 2020. California Pizza Kitchen has expanded overseas and has made its menu more diverse to include vegan and gluten-free products, such as its Cauliflower Pizza Crust.
California Pizza Kitchen
White Castle
Known for the mini-hamburgers it serves called “sliders” and the castle façade design, White Castle is usually open 24 hours, though at some branches, the grand openings had to be delayed due to the restaurant’s popularity. Not all locations are so lucky, however. In the 1980s, White Castle went global, almost 60 years after it first opened back in 1921 in Wichita, Kansas. Operations in several states had to be shut down, as well as White Castle locations in other countries like Canada Japan, Singapore, Malaysia, and Thailand, for lack of profits.
White Castle
