This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Pizza Inn To Ring NASDAQ Stock Market Closing Bell Tomorrow

THE COLONY, Texas, Jan. 5, 2011 (GLOBE NEWSWIRE) -- Pizza Inn, Inc. (Nasdaq:PZZI) has announced it will ring The NASDAQ Stock Market Closing Bell in New York at 4 p.m. Eastern Time tomorrow.

The occasion will commemorate the recent opening of the fifth corporate-owned Pizza Inn restaurant and an aggressive franchise development program including zero payment of royalties in the first year of business that is helping franchise owners introduce similar locations across the 310-unit chain.

"We're incredibly excited to start the New Year championing our grassroots network, supporting more small-business ownership, and thanking our loyal Pizza Inn customers on the largest financial stage in the world," said Charlie Morrison, president and CEO of Pizza Inn, who will ring the NASDAQ Closing  Bell. 

Morrison will be joined by JoJo, the company's brand ambassador, and Bob Singh, a successful multi-unit franchise owner and Pizza Inn area developer at the NASDAQ MarketSite in Times Square to do the honors.

The company capped a year of growth in 2010 that has set the foundation for further expansion in 2011. With a plan to add more corporate-owned locations, Pizza Inn is offering a franchise program with zero royalties the first year of business and only 2 percent the second year on all franchise agreements for new stores awarded by March 31, 2011.

Singh, a resident of Greenwood, Miss., is representative of the program's success. An award-winning member of the Pizza Inn network, he has been associated with Pizza Inn for more than 30 years and owns and sub-franchises 18 locations throughout Mississippi. His newest restaurant in Hattiesburg opened last spring and will pay no royalties to the franchisor until April of this year.

"Pizza Inn is leading by example, and we are proud to help our franchisees realize their dreams of business ownership as well," Morrison said. "Today's Pizza Inn restaurant has a fresh new look that pays tribute to our heritage and also offers our franchisees the opportunity to maximize a quicker return on their investment. Together we are shaping the future and also giving thanks to the customers that have supported us for 52 years."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs