California Pizza Kitchen founder discusses growth and recovery
California Pizza Kitchen, founded by former prosecutors Rick Rosenfield and Larry Flax in 1985, grew from a single Beverly Hills restaurant to an international chain known for California-style pizzas. After expanding to over 200 locations, it was acquired for $470 million in 2011 but filed for bankruptcy in 2020 due to financial struggles worsened by the COVID-19 pandemic. The brand was emergently revived under new ownership, with Rosenfield expressing optimism about its future and the possibility of restoring its former success.
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