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Pizza

Financing

Papa John’s savior has a tough task

The company’s sales have worsened over the past 18 months, and things aren’t getting any easier, says RB’s The Bottom Line.

Financing

Starboard makes a $200M investment in Papa John’s

Jeff Smith was named chairman as the company got a cash infusion to pay off debt and invest behind its strategic initiatives.

The company is reportedly no longer for sale, but is looking for an investor as it seeks to recover from a tough year.

Points for Pies uses artificial intelligence to determine whether customers are eating pizza and awards points, no matter where it’s from.

The longtime human resources executive takes a newly created position at the pizza chain.

The company says “fortressing” will build sales and protect its market from third-party delivery.

A Delaware judge said the company failed to prove that its founder’s request for records was improper.

The company cites a heavy debt load and legal liabilities and is closing “several” locations.

The company now has beer delivery in Florida, Iowa, Nebraska, North Carolina and Ohio as well as California and Arizona.

The fast-casual chain has a new $5 build-your-own deal and a two-for-$10 offer.

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