Pizza

Financing

Higher prices have consumers turning to frozen pizza

A survey from the marketing firm Vericast shows a growing number of consumers are choosing to get frozen pizza over one of the big chains. And prices are a huge reason.

Financing

Papa Johns is making a big push in India

The fast-food pizza chain signed a deal with PJP Investments to develop 650 locations in the populous country by 2033. The first location is expected to open in 2024.

Ann Gugino, whom the quick-service pizza chain hired in 2020, resigned as chief financial officer this week. The company said that it is searching for a replacement.

Brad Kent, who developed and evolved the fast-casual chain's menu over nearly 12 years, said it was a surprise. Company officials told him they wanted to move in a different direction.

The Bottom Line: CEO Russell Weiner bought more than $1 million in stock earlier this month. But reversing the stock price’s recent slump will take a lot more.

The company reimburses its executives for their purchases of Domino’s food, which gives us some insight into their pizza-buying habits. CEO Russ Weiner bought $7,000 worth of pizzas last year.

The delivery company is enabling cash on delivery through its white-label Drive service after pizzerias asked for it.

The pizza delivery chain also said that it is buying out most of the shares owned by Smith's hedge fund, Starboard Value.

The pizza chain is spinning off the 35-year-old Uno Foods so it can focus more on franchising.

CEO Ilir Sela says small pizzerias are thriving and even taking share from big chains like Domino's, in part thanks to technology.

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