Papa Murphy’s closes locations due to declining sales
Papa Murphy’s has closed 68 restaurants as the pizza industry struggles with declining sales.
The company’s decision is part of a larger trend, with other national pizza chains like Papa John’s and Pizza Hut also closing hundreds of locations.
Inflation and third-party delivery services have cut into margins, leading to decreased orders and smaller pizzas with fewer toppings.
Papa Murphy’s unique business model, which involves selling take-and-bake pizzas, has not been immune to these challenges.