#consumer-spending-decline

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#pizza-industry-consolidation #restaurant-closures #competitive-market-dynamics #workforce-reduction
fromFast Company
1 day ago

Papa Johns to close hundreds of locations: List of doomed pizza restaurants grows in 2026

Papa Johns' chief financial officer and president of North America Ravi Thanawal said the company plans to shutter a total of 300 underperforming restaurants in North America "that are not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant."
Business
Artificial intelligence
fromFuturism
2 days ago

If AI Causes an Office Job Wipeout, It'll Cause Huge Problems for Blue Collar Work Too

Mass AI-driven job losses across white collar sectors would cascade into blue collar labor markets, pressuring entire economy and reducing consumer spending.
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