Papa Johns announces 300 store closures and 7% corporate layoffs

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Papa Johns has announced several cost savings and financial improvement measures for 2026 and beyond, including 300 closures of underperforming stores by 2027 (with 200 closing this year), and 7% corporate layoffs.  The pizza chain is now in year two of its transformation plan under CEO Todd Penegor and is looking to balance cost savings with “recruiting new customers to the brand,” Penegor said during Thursday’s Q ...