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MTY Cuts 68 Loss-Making Restaurants | Huntsville News
MTY Group is shutting down 68 corporate-owned restaurants—including Papa Murphy’s, Wetzel’s Pretzels, and Cold Stone Creamery—over the next 6 to 9 months to cut losses and focus on profitable locations. These brands have lost over $10 million last year, with Papa Murphy’s in the U.S. being a major drag since MTY acquired it for $190 million in 2019. Closures could begin as early as next week, with more potential moves on the horizon. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news…
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