John Schnatter, founder of Papa John's Pizza, risked the wrath of shareholders by warning diners that it was unhealthy to eat more than two slices of pizza.
The blunder bears resemblance to the infamous comments by Gerald Ratner, the former chief executive of British jewellery company Ratners Group, in which he mocked his own products. The gaffe wiped £500million off the value of his business overnight as customers boycotted the chain.
The blunder bears resemblance to the infamous comments by Gerald Ratner, the former chief executive of British jewellery company Ratners Group, in which he mocked his own products. The gaffe wiped £500million off the value of his business overnight as customers boycotted the chain.
Editor's Note: We wonder how much value will be wiped off from the £1billion pizza chain overnight with this comment.
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