Papa John’s: UK losses continue as over 70 locations closed Business The UK arm of Papa John’s continued to make significant losses in 2024 as it closed more than 70 locations. The division of the US pizza giant has reported a pre-tax loss of £21.8m for its latest financial year, having also lost £19.2m in 2023. New accounts filed with Companies House also show the firm’s [...]
Papa Johns boss brands rising costs a ‘perfect storm of difficulty’ Video The UK boss of pizza chain Papa Johns has branded the rising costs his business is facing as a result of"perfect storm of difficulty".
Papa Johns to serve up profit after closing over 40 sites Business The UK boss of pizza giant Papa Johns has revealed the company is eyeing a return to profit in 2025 after closing more than 40 restaurants last year. Managing director Chris Phylactou confirmed the business is “no longer losing money” and is on track to report its first UK profit since 2021. Speaking on an [...]
Loss widens at Papa Johns in UK ahead of major closure plans October 14, 2024 The UK arm of pizza chain Papa Johns lost almost £20m in the year before it decided to close more than 40 underperforming restaurants. The Milton Keynes-headquartered division has reported a pre-tax loss of £19.9m for 2023, having also lost £4.1m in 2022. Newly-filed accounts with Companies House also show its turnover nudged up from [...]
Papa Johns to close 43 ‘underperforming’ UK restaurants – full list March 26, 2024 More than 40 "underperforming" UK restaurants are to be closed by pizza chain Papa Johns, it has been confirmed.
Papa Johns to close 50 ‘underperforming’ UK restaurants March 2, 2024 Pizza chain Papa Johns has revealed plans to close about 50 takeaways in the UK which it said are not performing as well as others.