Cinemark to reopen movie theaters, pizza continues to sell
Following are developments Tuesday related to the national and global response, the work place and the spread of the virus. ________________________MOVIE TIME: Cinemark Holdings will reopen some of its U.S. movie theaters on July 24, with additional theaters reopening in subsequent weeks. Cinemark runs 555 theaters in 41 states and 15 countries throughout South and Central America. Rival AMC is also planning to reopen some of its movie theaters next month. The pizza company said Tuesday that almost all traditional restaurants in North America remain open and fully operational.
Nevada casinos to reopen; America in lockdown devours pizza
As restaurants in food-loving France prepare to reopen, some are investing in lampshade-like plastic shields to protect diners from the virus. Following are developments Wednesday related to the national and global response, the work place and the spread of the virus. Tourist destinations, from countries to theme parks, are laying out plans for operations during, and potentially after, the pandemic fades. Nevada's casinos will reopen next week, including those on the Las Vegas Strip. In the eight weeks starting March 23, Domino's comparable-store sales jumped 16%.
In Detroit, NYC, kindness comes one slice of pizza at a time
In this April 7, 2020, handout photo, Japneet Singh, right, delivers pizza to health care workers at Kings County Hospital in the Brooklyn borough of New York. Now, hes all about pizza. Singh and his family have paid for and delivered hundreds of pies to hospitals, police stations and fire departments since the gurdwara suspended in-person services. In New York, 25-year-old Japneet Singh, a fellow Sikh, also thought of pizza for under-resourced hospitals and overworked, minimum wage employees in the crosshairs of the virus. These are minimum-wage workers, Singh said.
Papa John's CEO says pizza recipe hasn't changed despite founder's claims
Papa John's CEO Rob Lynch said Tuesday that the pizza chain has not changed its recipe, despite claims from its founder that it tastes different. Last week, founder John Schnatter said that he thinks the chain's pizza tastes different. In the WDRB interview, he accused the company's former CEO Steve Ritchie and other board members of stealing the company he founded. While Papa John's says that it has not changed its recipe, it has been making some tweaks to its menu. Papa John's stock, valued at $1.9 billion, has risen 51% so far this year.cnbc.com
Papa John's to add new crust for first time in nearly 4 decades
CNN image(CNN) - Papa John's is slowly turning things around and perhaps a new crust will help. Papa John's crust selection lacks variety compared to its competitors. The new Papa John's crust is available Monday across the United States. Slice strugglesSales at Papa John's have struggled the past few years following the scandal surrounding founder and former CEO John Schnatter. In February, activist investing firm Starboard Value took a $200 million stake in Papa John's and pledged to turn things around.
BLACK COLLEGE, PAPA JOHNS BLAME EACH OTHER OVER LOST FUNDS
LOUISVILLE, Ky. (AP) A $1 million donation by the disgraced founder of Papa Johns pizza to a historically black college has prompted the school to give up $20,000 in scholarships from the company. A Simmons spokeswoman said the school meant only to delay the scholarships, and was acting under pressure from Papa Johns diversity director. The school spokeswoman says the company was made uncomfortable by Schnatters donation. A Papa Johns spokeswoman denies that and says the schools rejection was unexpected. Schnatter lost control of Papa Johns amid backlash for using the N-word while blaming poor sales on NFL player protests.sfltimes.com
Pizza Hut is making a comeback
Tim Boyle/Getty Images(CNN) - Pizza Hut had struggled to compete against Domino's and Papa John's for the past few years. Pizza Hut also is launching an interactive game called "Hut Hut Win" that will give customers a chance to win NFL merchandise and free food. Pizza Hut is also stepping up its digital game with leading apps on Apple's iOS App Store and Google Play for Android. But even without any plant-based products on the horizon just yet, Pizza Hut is still enjoying a solid comeback. "The second quarter, globally, was one of the best for Pizza Hut in a long time.
Papa John's names head of Arby's as CEO
Lynch was named CEO of Papa John's Tuesday morning. He replaces Steve Ritchie, the veteran Papa John's executive who took over in the wake of the scandal surrounding founder and former CEO John Schnatter. Starboard CEO Jeffrey Smith took over as Papa John's chairman. "I am thrilled to welcome Rob to Papa John's at this pivotal moment in the company's history," Smith said in a statement. Shares of Papa John's, which rallied on the news of Lynch's hiring, are up more than 10% this year.
Papa John's CEO goes to funeral of murdered worker
Papa John's CEO goes to funeral of murdered worker Papa John's CEO John Schnatter traveled to Tennessee to attend the funeral of Gordon Schaffer, an employee killed during an armed robbery on the job. The pizza chain also payed for the funeral and medical bills. Jeff Glor reports.cbsnews.com