Papa John's is set to hire up to 20,000 new employees in an effort to keep up with the demand for "no-contact" delivery, company CEO Rob Lynch told Cheddar Monday.
Lynch said Papa John's has brought on "thousands of workers just in the last couple weeks," with available positions still yet to be filled.
"We will continue to hire as long as people continue to apply," he said.
With nearly 17 million Americans filing for unemployment in the last three weeks, there are currently many individuals looking for work.
"For the most part we have had a very consistent employee base. In fact, with the unemployment rates going up, we've worked to create a lot of jobs and our applications are up tremendously versus the last couple years," Lynch noted.
Restaurants around the nation are closed except for in the cases of takeout and delivery, putting companies like Lynch's in a position to potentially benefit from the conditions imposed by the pandemic.
"This is our business model," Lynch said. Coming off of a strong first quarter, he said demand for food delivery has continued and the company has been able to meet it by instituting contactless delivery and relying on its own model of making dough fresh in house and shipping to franchisees.
"We have maybe a bit more control over the supply of our ingredients necessary to make our food," he said. External partners who supply the company with ingredients like cheese and flour continue to run, but Lynch said their businesses have been impacted.
Samsung reported better-than-expected operating profits in the third quarter.
Apple's latest event announced new Mac products and new chips and the company's latest line of Macbook Pros and iMacs were unveiled.
Stocks fell in the opening session Tuesday as earnings reports continued to pour in and as investors brace for the Federal Reserve's interest-rate decision on Wednesday.
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A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls.
The U.S. Food and Drug Administration is warning parents and caregivers not to buy or serve certain pureed fruit pouches marketed to toddlers and young children because the food might contain dangerous levels of lead.
Some pumpkin farmers in the West, particularly wholesalers in places like Colorado and New Mexico, are feeling the pinching effects of drought.
General Motors and the United Auto Workers union have reached a tentative contract agreement that could end a six-week-old strike against Detroit automakers, three people briefed on the deal said.
Apple's 8pm ET event Monday will revolve around its iMAC computer lineup of products which are expected to contain its new faster and three next-generation silicon chip.
McDonald's reported better-than-expected profit and sales in the third quarter.
