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Pizza

Financing

Is a merger still in Papa John’s future?

John Schnatter told Fox Business that he talked with Wendy’s about merging—and that the chance of a deal has increased since the recent CEO change, says RB’s The Bottom Line.

Marketing

Shaquille O’Neal posts up for Papa John’s

The newly minted company director will start appearing in national TV ads for the pizza chain Thursday in which he surprises customers by making deliveries.

The company’s founder, who has exited all of his roles and is selling stock, again said that the chain needed to replace its leadership.

The former Arby’s executive will take over for Steve Ritchie as the company opts to overhaul its executive post.

The chain’s founder and former CEO sold 250,000 more shares last week as he continues unwinding his holdings.

The chain, which has been testing larger pies, will soon compete more directly with legacy pizza concepts, and its co-founder is “thrilled,” says RB’s The Bottom Line.

The brand will quickly replace the restaurants with takeout and delivery locations as it accelerates its shift away from dine-in.

The concept in Los Angeles features specially lined cubbies with digital displays for pickup orders.

Facing mounting competition from third-party providers, the company is bolstering technology and service to solidify its position.

Bob Bafundo, the company’s president, was named “principal executive officer” of Rave Restaurant Group.

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