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Article: Papa John's Opens 50th Restaurant in China.
- Article from:
- Business Wire
- Article date:
- February 16, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LOUISVILLE, Ky. -- Papa John's International (Nasdaq: PZZA) continued its aggressive development in Asia by recently opening its 50th restaurant in China.
Opening in Shanghai by Papa John's franchisee, Eternal Rise, the opening represents a milestone towards Papa John's plans to open 250 restaurants in China over the next four years.
"Opening the 50th restaurant brings us one step closer to building critical mass in the world's most populous country," said Robb Chase, Papa John's president, International. "Papa John's has proven that there is a big demand for a better quality pizza in China, and our franchisee in Shanghai continues to do an outstanding ...