Get All Access for $5/mo

Owner to Rename 30 Area Papa John's <b></b>

Chicago-It's the battle of the papas, pitting Papa John's against Papa Tony's. Papa John's is the third largest pizza chain in the country, but the identity of Papa Tony's is harder to figure out. Following a long running battle with the pizza chain, Papa John's franchise owner Antoin "Tony" Rezko is converting his 30 Chicago area restaurants and seven Detroit sites and renaming them after himself, Papa Tony's.

The move reduces Chicago-area Papa John's to just six restaurants, devastating its local presence. "The relationship just was not working," said Gene Murphy, an attorney representing the new entity. Murphy said the termination came after a dispute over the pricing of ingredients and the licensing of nearby rival Papa John's restaurants.

Both sides in the dispute acknowledge the change was made when Louisville, Kentucky-based Papa John's International Inc. terminated Rezko's franchise license about 10 days ago. Papa John's is planning on returning to the Chicago area with another group of owners, rejuvenating its presence in the nation's second largest pizza market, after New York. -Chicago Daily Herald

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Business News

'I'm Not Trying to Land on Mars': Mark Cuban Takes Dig at Elon Musk to Explain Why His Online Pharmacy Isn't Trying to Make More Money

Mark Cuban Cost Plus Drug Co. is an online pharmacy co-founded by Cuban and radiologist Alex Oshmyansky.

Business News

Meta Makes $1 Million Dollar Donation to Donald Trump's Inaugural Fund

Meta CEO Mark Zuckerberg also reportedly gave Trump a pair of Ray-Ban Meta smart glasses.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'It's Not About You': How to Fire Someone Effectively, According to Kevin O'Leary

O'Leary says that if you can't fire someone, you aren't the right leader for the organization.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.