Papa Gino's closes dozens of locations this weekend
07 November, 2018, 22:28 | Author: Regina Silva
FOX61 reached out to the Papa Gino's locations in Vernon, Windsor Locks and Waterford and heard a voice recording saying the location was permanently closed.
PGHC Holdings says the move would "significantly strengthen the chains' financial resources", allowing for the ability to remodel and modernize their 141 restaurants in Massachusetts, New Hampshire, Rhode Island, and CT. A comparison indicates the company eliminated four of its 10 locations in Rhode Island and 37 of its 115 locations in Massachusetts.When you pull up to the Papa Gino's on Reservoir Avenue in Cranston, there is now a sign taped up reading, "This location is now closed".
PGHC Holdings Inc.'s announcement came a day after many employees showed up for work to find the restaurants closed without explanation. Terms weren't disclosed. The release also said that the company filed for protection under Chapter 11 in an effort to maintain operations at the restaurants that were still open while pursuing the sale.
"We are pleased to have reached an agreement that will ensure a long and prosperous future for these iconic New England restaurants", Chief Financial Officer Corey Wendland said.
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Papa Gino's has restaurants in Falmouth, Centerville, South Yarmouth and Orleans. "If your nearest Papa Gino's or D'Angelo has closed, be assured that your favorite pizza or Steak Number 9 sandwich awaits you at a re-energized restaurant not too far away".
"The company regrets having to close these restaurants but believes focusing resources on a core of best-performing restaurants is the responsible approach", the statement said. Employees say they feel blindsided by the move and had no idea they'd be without a job.
The ultimate goal is to "remodel and modernize" the 141 company-owned locations across New England and enhance online ordering capabilities.
The company has not responded to multiple phone and email messages.Papa Gino's was founded in 1961 in East Boston as Piece O'Pizza.
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