0$0.00

No products in the cart.

Tag: turnaround

Papa John’s turnaround is working after John Schnatter’s resignation

With a new CEO, refreshed products and a growth strategy in place, Papa John’s expects its sales to rebound this year. On Wednesday, the company said same-store sales in the U.S. and Canada are expected to rise between 2.5% and 5% in 2020. In 2019, sales at its North American restaurants that were open at …

Papa John’s turnaround is working after John Schnatter’s resignationRead More

Kraft Heinz delays the announcement of long-term turnaround plan

Kraft and Heinz products Scott Olson | Getty Images Kraft Heinz said Thursday it would be pushing back the unveiling of its turnaround plan from March to May. The announcement came as the company saw its sales decline in the fourth quarter, despite higher prices. Net sales fell 5.1% to $6.54 billion, missing Wall Street’s …

Kraft Heinz delays the announcement of long-term turnaround planRead More

Pizza Hut’s slumping US business eyes turnaround with new management

Pizza Hut, owned by Yum Brands Chris Ratcliffe | Bloomberg | Getty Images Even with a sponsorship deal with the National Football League, Pizza Hut’s U.S. business is struggling to find a win. Yum Brands said Thursday that its 2020 results could fall short of its long-term outlook as a result of Pizza Hut’s troubles …

Pizza Hut’s slumping US business eyes turnaround with new managementRead More

Express trimming stores in new turnaround move

Express Inc. launched a new corporate strategy that involves closing stores and cost reductions. The apparel retailer said it plans to close approximately 100 stores by 2022, with the total including nine locations that closed in 2019. Another 31 stores will shutter by the end of January 2020, and an additional 35 by the end …

Express trimming stores in new turnaround moveRead More

J.C. Penney narrows loss but sales continue to fall; cites turnaround ‘progress’

J.C. Penney put a positive spin on another tough quarter and even boosted its full-year profit outlook. The embattled department store chain reported that its net loss narrowed to $93 million, or 29 cents per share, in the quarter ended Nov. 3, from $151 million, or 48 cents a share, in the year-ago period. Excluding …

J.C. Penney narrows loss but sales continue to fall; cites turnaround ‘progress’Read More