Beloved pizza chain to close up to 50 locations
MTY Food Group and Papa Murphy’s confirm a series of store closures following recent fiscal performance reports.
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The brief
MTY is moving to close 68 restaurants, while Papa Murphy’s has announced the closure of dozens of additional locations. These actions follow reports of falling sales and profit levels during the second quarter of the 2026 fiscal year. Coverage notes that 50 of these stores are specifically classified as underperforming.
Reporting from Nation’s Restaurant News, The Independent, Montreal Gazette, GlobeNewswire, and the New York Post focuses on the scale of the closures and the accompanying financial results. Outlets emphasize that these decisions coincide with the release of MTY’s second-quarter fiscal data. Remaining questions concern the specific geographic impact of these closures and the timeline for individual storefront shutdowns.
Coverage does not yet specify which locations are designated for closure or if further reductions are planned for the remainder of the fiscal year.
Synthesized by PULSE from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 23h ago.
Quick answers
How many locations is MTY closing?
MTY is closing 68 restaurants.
Why are the stores closing?
The closures follow a period of falling sales and profit levels, with 50 of the stores identified as underperforming.
Which brands are affected?
Coverage identifies MTY and Papa Murphy’s as the brands involved in the closures.
Coverage (11)
- Popular pizza chain to close 50 underperforming stores after huge losses The Independent · 1d ago
- Papa Murphy’s to shutter up to 50 underperforming stores amid restructuring MyNorthwest.com · 1d ago
- Papa Murphy’s to close 50 restaurants due to declining sales FOX 2 · 1d ago
- MTY Group will close up to 50 Papa Murphy’s Restaurant Dive · 1d ago
- Beloved Pizza Chain Set To Close 50 Locations Nationwide AOL.com · 1d ago
- Beloved Pizza Chain Set To Close 50 Locations Nationwide Delish · 1d ago
- Papa Murphy’s to close dozens more locations Nation’s Restaurant News · 1d ago
- Popular pizza chain to close 50 underperforming stores after huge losses The Independent · 1d ago
- Montreal-based MTY to close 68 restaurants after sales and profit fall Montreal Gazette · 1d ago
- MTY Reports Second Quarter Results for Fiscal 2026 GlobeNewswire · 1d ago
- Beloved pizza chain to close up to 50 locations New York Post · 1d ago
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