Beloved pizza chain to close up to 50 locations
Two iconic pizza chains announce sweeping closures amid financial struggles
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The brief
Papa Murphy’s plans to close up to 50 stores following significant losses, while MTY will close 68 restaurants after reporting a decline in sales and profits for its second quarter of fiscal 2026. Coverage highlights the financial strain on both chains, with *Nation’s Restaurant News* and *The Independent* framing the closures as part of broader restructuring efforts.
MTY’s earnings report, released via *GlobeNewswire*, underscores the severity of its performance drop. The *New York Post* and *Montreal Gazette* emphasize the impact on local communities and franchisees.
Watch for franchisee reactions, potential shifts in corporate strategy, and whether these closures signal deeper industry trends in casual dining. MTY’s fiscal year-end results may offer further clarity on its long-term outlook.
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Quick answers
Which locations are closing?
Coverage does not yet specify exact locations, but Papa Murphy’s will close up to 50 stores, and MTY will shutter 68 restaurants globally.
Are these closures permanent?
The announcements frame the closures as part of restructuring, but no details on future reopenings or relocations have been provided.
Will this affect franchise owners?
Yes—both chains operate primarily through franchises, and closures will directly impact franchisees’ businesses and livelihoods.
Coverage (8)
- MTY Group will close up to 50 Papa Murphy’s Restaurant Dive · 8h ago
- Beloved Pizza Chain Set To Close 50 Locations Nationwide AOL.com · 8h ago
- Beloved Pizza Chain Set To Close 50 Locations Nationwide Delish · 8h ago
- Papa Murphy’s to close dozens more locations Nation’s Restaurant News · 8h ago
- Popular pizza chain to close 50 underperforming stores after huge losses The Independent · 8h ago
- Montreal-based MTY to close 68 restaurants after sales and profit fall Montreal Gazette · 8h ago
- MTY Reports Second Quarter Results for Fiscal 2026 GlobeNewswire · 8h ago
- Beloved pizza chain to close up to 50 locations New York Post · 8h ago
Topics
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