Advertisement

What's Next For Papa Gino's

07:31
Download Audio
Resume
A Papa Gino's pizzeria in Worcester, Massachusetts is one of over 100 locations. The company announced bankruptcy on Monday, after patrons and employees said dozens of stores were closed unexpectedly Sunday. (JJBers via Flickr)
A Papa Gino's pizzeria in Worcester, Massachusetts is one of over 100 locations. The company announced bankruptcy on Monday, after patrons and employees said dozens of stores were closed unexpectedly Sunday. (JJBers via Flickr)

The parent company of Dedham-based Papa Gino's and D'Angelo Grilled Sandwiches filed for bankruptcy protection Monday. This came after the local chain abruptly closed dozens of locations over the weekend, laying off more than a thousand employees.

According to court documents, it seems the company's out of dough, holding more than $100 million in overall debt. Company executives cited shifting consumer preferences, more national chain competition, and rising minimum wage and health care costs for its woes.

Guest

Jon Chesto, business reporter for The Boston Globe. He tweets @jonchesto.

This segment aired on November 6, 2018.

Related:

Headshot of Jamie Bologna

Jamie Bologna Senior Producer/Director, Radio Boston
Jamie Bologna was senior producer and director of Radio Boston.

More…

Headshot of Tiziana Dearing

Tiziana Dearing Host, Radio Boston
Tiziana Dearing is the host of Radio Boston.

More…

Advertisement

More from Radio Boston

Listen Live
Close