Papa Murphy's to Close Up to 50 Locations

Papa Murphy's plans to close up to 50 underperforming locations, according to CEO John Huffman. The closures are set to begin as early as this week. Huffman stated that these decisions are part of a strategic initiative to streamline operations and focus on more profitable markets. The company has not yet specified which locations will be affected by these closures.

This move comes as Papa Murphy's navigates a competitive fast-casual dining landscape. The "take-and-bake" pizza chain has seen varying performance across its franchise network. Huffman indicated that the closures are intended to improve the overall health and efficiency of the brand. He emphasized that the company remains committed to its core business model and customer base.

Further details regarding the timeline and specific store impacts are expected to be released in the coming weeks. The company aims to support affected franchisees and employees through this transition. Papa Murphy's operates over 1,200 locations across the United States, Canada, and Mexico.