Papa John’s Is Pulling Founder’s Image From Its Marketing

Papa John’s Is Pulling Founder’s Image From Its Marketing

Papa John’s Is Pulling Founder’s Image From Its Marketing

"While we are appalled by John Schnatter's comments, we have had a long relationship with our local Washington-area franchise ownership and appreciate working with them as partners in our community". "Absolutely", he said during a press availability in Louisville Friday morning.

Schnatter said Friday he is "distraught" over the comment he made. The school is also removing Schnatter's name from its Center for Free Enterprise at the business school. When asked how he would distance himself from racist groups, Schnatter reportedly complained that Colonel Sanders never faced a backlash for using the word. He appears on its pizza boxes, in some of its TV ads and in the store's interiors.

The Washington Nationals has cut sponsorship ties with Papa John's following the resignation of its founder John Schnatter. The deal provides that if he leaves the company, Schnatter can rename the building. "But at the moment, you have to be very decisive and show you take this very seriously", Hollingsworth said.

Papa John's stock is up almost 3% Friday on the news.

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Schnatter owns almost 30 percent of the company's shares, which fell after the report but rebounded when he said he would depart as chairman.

John Schnatter, who also resigned from the university's board of trustees, apologized this week for using the racial slur during a company conference call in May.

Additionally, Major League Baseball is suspending their current partnerships with Papa John's. The company can not afford to alienate customers, with sales already under pressure from rivals such as Domino's.

U.S. Sen. Mitch McConnell says he would remove Papa John's name from the University of Louisville's football stadium if he "had the ability to do that".

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