June 22, 2025
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1:12Now PlayingPizza sales are declining at major chains like Domino's, Papa John's, and Pizza Hut, with same-store sales down in the first quarter of 2025, partly due to increasing prices and competition from other takeout options. Low-income consumers are being priced out of pizza, while higher-end pizzerias catering to wealthier customers are seeing increased sales, reflecting the "K-shaped economy" where the top 10% of households account for half of all consumer spending.
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