Papa John’s wants to move out of the restaurant operations business and into the franchising business. series recent 85 seats sold For Chris Patel, a large franchisee of Pi Investments in Baltimore and Washington, DC. Patel’s company already has 150 Papa John’s locations and aims to reach 250 by 2030.
The move is part of CEO Todd Penegor’s plan to reduce Papa John’s company-owned footprint from 545 locations to “mid-single-digit” levels over the next two years — a model favored by franchise giants like McDonald’s.
The refranchising strategy makes sense when you look at the numbers. Papa John’s company-owned locations have underperformed franchised restaurants for at least two years, with same-store sales at corporate units declining 2.5% during the first three quarters, while franchised locations declined 1.3%.
Meta kicks out ChatGPIT and Copilot from WhatsApp
Meta wants WhatsApp to itself. After this he sent this message Changing its Terms of ServiceWhich now prohibits AI companies from using messaging apps to distribute chatbots not created by Meta.
Both OpenAI’s ChatGPT and Microsoft’s Copilot are leaving the platform as of January 15 after WhatsApp updated its business solution terms. ChatGPT users can link their accounts to WhatsApp to preserve chat history, although Copilot users will not have this option. Other third-party AI chatbots, including Perplexity, may announce departures soon.
WhatsApp announced the change in October, restricting AI companies from using its Business API as a distribution platform, while still allowing businesses to use it to support customer service or chatbots. This means companies can’t use WhatsApp when the AI is the product itself – a direct way to block Meta’s AI rivals from reaching customers on its platform.
The most hated man in college football is about to become the richest coach ever
Photo Randy J. By Williams/Getty Images
Lane Kiffin has upset more fans than any coach in recent memory, but that’s not stopping him Possible bidding war for his servicesWith Ole Miss 10-1 and ranked No, 6, his Rebels are on the verge of their first College Football Playoff appearance, but no one is sure they’ll still be there if they make it,
Kiffin has spent the past few weeks openly flirting with the massive vacancies at Florida and LSU, pitting three powerhouse programs against each other. Fans have been tracking his family’s plane and raiding airports as rumors spread. That frenzy has created a bidding war that is expected to make him the highest-paid coach in college football history.
He has never won a national title, but schools believe his offense is worth a play. If he jumps ship again, it could confirm what college football already knows: Lane Kiffin doesn’t stay anywhere long, but he always comes out richer.
Amazon’s drone ambitions hit another hurdle — this time in someone’s backyard
Photo by Buena Vista Images/Getty
Amazon’s plan to cover the US with drone deliveries has run into turmoil in Texas. The FAA is investigating after one of the company’s MK30 drones cut an internet cable in Waco brought it down When departing from a customer’s yard. The drone completed the delivery but got entangled in the line while coming out.
Amazon said the drone made a “safe crash landing” and paid for the repairs. Fortunately, there were no injuries and the company apologized to the customer.
This incident adds to the growing list of headaches for Amazon. Investigators recently investigated a separate Arizona accident in which two Prime Air drones collided with a construction crane.
Gen Z say they’ll skip Black Friday this year
Photo by Nathan Bilo/Getty Images
Gen Z says they’re going to take a hard pass on black friday In this weather. According to a new survey conducted by AT&T, many young shoppers say they plan to wait for deals in December or January.
That shopping shift could reshape holiday shopping patterns. Retailers who expect a big early season surge may find themselves struggling as more consumers look for post-holiday discounts rather than rushing to early sales.
And there’s another warning sign for retailers. Consulting firm PwC reported in September that Gen Z shoppers planned to spend an average of 23 percent less this holiday season than a year ago — the largest decline of any generation. This is a sharp contrast from last year, when Gen Z said they planned to spend 37 percent more.
PJ’s Coffee Franchise Breaks Sales Records Using This Strategy
Photo by JHVEPhoto/Getty
Tance Hughes started it big in a small Mississippi town by treating his PJ’s Coffee of New Orleans like a local business rather than a corporate chain. That move broke the brand’s opening day sales record.
Shown in a profile Franchise TimesHughes says he spent a year building hype like an Apple product launch ahead of his inauguration in Natchez, Mississippi, in March 2023. They showed construction progress on Facebook and distributed free products to introduce the menu to the city’s 14,000 residents. it worked. Since then the café has earned approximately $750,000 annually.
Their biggest lesson: Corporate marketing materials won’t cut it in small towns where personal relationships matter most. “Whenever we focus our efforts on highlighting people and events going on in our community, we have a lot more success because that’s why it still feels locally owned,” Hughes said.
Papa John’s wants to move out of the restaurant operations business and into the franchising business. series recent 85 seats sold For Chris Patel, a large franchisee of Pi Investments in Baltimore and Washington, DC. Patel’s company already has 150 Papa John’s locations and aims to reach 250 by 2030.
The move is part of CEO Todd Penegor’s plan to reduce Papa John’s company-owned footprint from 545 locations to “mid-single-digit” levels over the next two years — a model favored by franchise giants like McDonald’s.
The refranchising strategy makes sense when you look at the numbers. Papa John’s company-owned locations have underperformed franchised restaurants for at least two years, with same-store sales at corporate units declining 2.5% during the first three quarters, while franchised locations declined 1.3%.
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