Papa John's to Close 300 Restaurants Amid Industry Downsizing in 2026

Papa John's is set to close approximately 300 North American locations in 2026 as part of a broader industry downsizing, following similar moves by rivals like Pizza Hut and Red Robin. This trend highlights ongoing challenges faced by restaurant chains due to changing consumer preferences and economic pressures. Investors and industry watchers should monitor how these closures impact market share and the strategies companies adopt to rebound.