US pizza chain boss John Schnatter resigns after racist comments

USA - Papa John’s Pizza International chairman and founder John Schnatter has resigned following an incident that implicated him for making racist comments that hit the shares of the pizza chain, according to Bloomberg. His resignation was accepted by independent directors of the company and a new chairman would be appointed in the coming weeks.…

Papa John’s appoints Joe Smith as new Chief Financial Officer

USA - The American restaurant franchise company Papa John’s has promoted Joe Smith to the chief financial officer position effective immediately while Steve Coke, who has been serving as interim principal financial and accounting officer, will continue to serve as vice president, Investor Relations and Strategy. Smith was senior vice president of global sales and…

Pizza Hut opens 100th store in sub-Saharan Africa

SOUTH AFRICA - Pizza Hut, the American restaurant chain and international franchise has opened a new store in Johannesburg, South Africa with ambitious plans to expand into Africa. It provides Italian-American cuisine menu including pizza and pasta, as well as side dishes and desserts in a range of restaurants across Africa. Pizza Hut restaurants now…

Tyson Foods considers sale of pizza crust business

USA - Tyson Foods, the American multinational corporation has announced that it was exploring the sale of its pizza crust business (TNT Crust), while it shifts focus on its core protein business. The company is capitalizing on demand for protein after it reported a 1755 surge in net income for the quarter ended 30, December…

World Centric unveils 100% plant-based, compostable pizza box

USA - World Centric, maker of certified compostable products has unveiled a new, full circle pizza box, 'PizzaRound™', a certified compostable pizza container that delivers operational, environmental and customer benefits. According to the company, the box reduces packaging waste labor, space, grease and sogginess as opposed to traditional cardboard pizza boxes. It is made from…