Inflation and Labor Crunch a ‘Double-Edged Sword’ Hurting Businesses: Papa John’s Founder

7 months ago
AMERICA NEWS NOW
John Schnatter, founder of the Papa John’s pizza chain, said that the combination of supply chain problems, surging inflation, and the labor shortage are pushing up costs for businesses, hurting quality, service, and the bottom line. “We’re seeing a lot of pressure now at Papa John’s and throughout the economy,” Schnatter told NTD News in an interview, commenting on the impact of inflation, which in the year through January hit a fresh 40-year high of 7.5 perce...
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