The take-and-bake pizza company, Papa Murphy’s, has exited Tennessee. On the company website, Tennessee is no longer listed.
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Papa Murphy’s has closed all of its Tennessee locations as its parent company moves forward with a plan to eliminate dozens of underperforming restaurants. Closure signs were found on locations in Franklin and Spring Hill recently.
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MTY Food Group announced plans to close between 45 and 50 company-owned Papa Murphy’s locations following a review of its restaurant portfolio, reported Restaurant Dive. The affected restaurants collectively lost more than $10 million over the previous 12 months, and their performance continued to decline, according to MTY President and CEO Eric Lefebvre…