Pizza chain, Gina Maria, closes all locations, files for bankruptcy after 50 years
Gina Maria’s Pizza shut its four Minneapolis-area restaurants without warning in October
A long-standing US pizza brand has closed all its locations after filing for bankruptcy, marking the end of a business that operated for nearly 50 years.
Gina Maria’s Pizza shut its four Minneapolis-area restaurants without warning in October. A bankruptcy filing dated March 26 later revealed that the company’s operator, Northern Brands Inc., held $2.9 million in debt and just $64,000 in assets.
The company filed for Chapter 7 bankruptcy, meaning it is expected to liquidate rather than restructure.
Founded in 1975, Gina Maria’s began in Minnetonka before expanding across the Twin Cities, with locations in Chanhassen, Eden Prairie, Edina and Plymouth.
In Eden Prairie, a former manager has reopened a similar restaurant called Pizzas Gina, using the same recipes and equipment left behind by the previous owners.
The closure reflects wider pressures in the restaurant sector, with chains such as Applebee’s also announcing plans to shut underperforming locations across the United States.
-
Self-exiled Chinese tycoon Guo Wengui sentenced to 30 years in US prison
-
Ex-Pentagon official makes chilling claim: UFOs provoke US military
-
Inmates stage daring takeover of Bertie-Martin Regional Jail
-
Paris mortuaries at capacity as heatwave death toll climbs
-
US Supreme Court allows Lisa Cook to remain at Fed
-
Car crashes into North Circular Bus stop, two injured
-
Germany Shooting: 5 adults killed at Stade Youth Centre, suspects detained
-
'Iran has requested a meeting': Trump announces surprise Doha talks
-
Dangerous heat wave sweeps US before July 4: Which states will be hottest?
-
Andy Burnham rules out Cabinet appointments until leadership race concludes
-
Will missing flight MH370 ever be found? Malaysia extends search until 2027
-
Spanish PM Pedro Sanchez faces pressure as wife Begona Gomez ordered to stand trial
