Papa Murphy's Pizza

Top 500 Chains

Papa Murphy's Pizza

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Why Papa Murphy’s is shrinking

A shift to convenience, and too much debt, made it tough for the pizza chain to thrive, says RB’s The Bottom Line.

The Canadian brand operator will pay $6.45 per share for the take-and-bake pizza chain.

The company said its sales turned positive for the first time in 37 months.

RB’s The Bottom Line takes a look at the companies currently seeking buyers, and a few that might actually sell.

The pizza chain is exploring strategic alternatives, which could include a sale.

The pizza chain has closed more than 60 locations over the past year amid weak sales.

The former bicycle company executive will replace Mark Hutchens, who had been named COO.

The take-and-bake chain aims to convince patrons that ordering a pie can still count as home cooking.