Papa John's Revives Pan Pizza in Bid to Reclaim Customers

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AI Summary
Papa John's is making a significant move to revive its sales by reintroducing the Pan Pizza, a menu item absent for a decade. This decision comes as the pizza industry faces challenges, with major chains like Pizza Hut and Papa John's struggling to attract customers amid rising competition from diverse cuisines and third-party delivery services. The new 12-inch Pan Pizza, featuring six cheeses and the option for up to seven toppings, will be available starting February 3 for $11.99. The company aims to leverage nostalgia to draw back customers while addressing previous declines in sales and visits. Experts note that while the new pizza could boost sales, Papa John's must also improve its side dish offerings to compete effectively.
Key Details: • Pan Pizza available starting February 3 for $11.99 • Sales at Papa John's declined 3% in the last quarter • The chain aims to attract both new and returning customers • Focus on improving side dishes and appetizers for better sales