Papa John’s cuts franchisees’ cheese prices, mulls financing help

LOUISVILLE Ky. Papa John’s International Inc. said late Tuesday it would ease economic pressures on domestic franchisees by reducing the price of cheese typically charged by the franchisor and exploring ways of providing financial assistance during the credit freeze. Papa John’s, parent of the 3,317-unit pizza chain, already has rolled back the cheese prices for the final two months of the year. The move by the pizza segment’s third-largest player could reduce domestic franchisees’ ...

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