Papa Murphy's Stores Closing Nationwide: States With Possible Locations
Summary
Papa Murphy’s parent company, MTY Group, announced it will close up to 50 Papa Murphy’s stores in the U.S. as part of restructuring due to financial losses. The closures will mainly affect company-owned stores and are planned to happen gradually over the next six to nine months.Key Facts
- MTY Group will close 68 locations from several restaurant brands, with Papa Murphy’s bearing the largest share.
- The closures represent about 1% of MTY Group’s total store base.
- Papa Murphy’s had 1,014 stores in 2025, including 965 franchised and 49 company-owned.
- Most closures will involve company-owned stores, especially in states like Tennessee, Indiana, and North Carolina.
- The closed stores lost over $10 million in the past year.
- The company aims to focus on more profitable locations to reduce overall losses.
- Other restaurant chains like Wendy’s, Papa John’s, and Pizza Hut are also closing stores this year.
- Store closures will start around mid-July 2024 and continue over several months.
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