Episode Details

Papa Murphy’s is shutting down 45 to 50 underperforming locations as part of a major restructuring, with losses totaling over $10 million last year. The move, announced during MTY Group’s earnings call, aims to cut losses and focus resources on profitable stores. This follows a broader decline from 1,100 locations in 2023 to just over 1,000 by the end of 2025. Closures will unfold over the next 6 to 9 months, with no specific store list yet released — so fans should check in locally. The goal? A leaner, stronger brand that can thrive where it matters most.

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