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Pie Five Pizza Co. has experienced another less-than-optimal quarter. According to a&nbsp;<a href="http://bit.ly/2C1MdAa?utm_source=1851franchise.com&utm_medium=article&utm_campaign=qsr-magazine-sales-continue-to-drop-for-raves-pie-five-pizza-concept-2705485" target="_blank" rel="nofollow" style="color: rgb(17, 85, 204);" target="_blank">recent article in QSR Magazine</a>, the Pie Five brand experienced a loss of 13.7 percent in same-store sales during the fourth quarter. The brand was also forced to close several locations throughout 2017, dropping its total unit number down to 80.

&quot;We are diligently pursuing a refranchising strategy at Pie Five. This shift in our model allows us to focus on best-in-class support of our franchise community so that they can, in turn provide a great guest experience,&quot; said CEO Scott Crane of parent company Rave.

Despite the hit caused by Pie Five, Rave is experiencing success through the Pizza Inn brand, which increased its same-store sales by 2.7 percent. This growth follows the brand&#39;s new express concept, which features a kiosk-based ordering system perfect for airports and convenience stores.&nbsp;

Crane said,&nbsp;&quot;This new concept allows Pizza Inn to diversify its footprint and is a great way to reach new customers in a faster setting, while still serving the same iconic, quality pizza our guests have come to expect.&quot;

Read the full article&nbsp;<a href="http://bit.ly/2C1MdAa?utm_source=1851franchise.com&utm_medium=article&utm_campaign=qsr-magazine-sales-continue-to-drop-for-raves-pie-five-pizza-concept-2705485" target="_blank" rel="nofollow" style="color: rgb(17, 85, 204);" target="_blank">here</a>.&nbsp;

QSR Magazine: Sales Continue to Drop for Rave's Pie Five Pizza Concept

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Despite the brand's free fall, parent company Rave continues to experience success through the Pizza Inn concept.

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