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Yo_Mama_Been_Loggin

(108,036 posts)
Tue Aug 18, 2020, 02:28 PM Aug 2020

Pizza Hut Is Closing 300 Locations

Continuing the countdown of fast food franchises that seem to be in trouble, a major Pizza Hut franchisee is filing for bankruptcy. This spells the closure of hundreds of existing locations for the beloved chain and puts several hundreds more into uncertain territory.

NPC International, which operates close to 1,300 Pizza Hut restaurants, has filed for bankruptcy due to a $1 billion debt. As part of a resolution deal between the struggling company and parent company Yum Brands, NPC will close down as many as 300 Pizza Hut locations and put the remaining 927 locations up for sale.

The 1,300 locations in question represent a fifth of all Pizza Hut restaurants in the United States, but it remains to be seen which 300 are going to be closed permanently.

It only makes sense that the lowest performing locations would be the first to shutter their doors, but there is some speculation that Pizza Hut will give the ax to locations that were set up to rely on dine-in foot traffic. Due to the pandemic, fast food chains are pivoting to takeout and drive-thru locations with smaller footprints and bigger revenues, and the Hut is trying to refocus on those verticals of the business. The brand has reported the highest takeout and delivery revenue in the last eight years in May.

https://www.eatthis.com/pizza-hut-closing-hundreds-of-locations/

15 replies = new reply since forum marked as read
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Pizza Hut Is Closing 300 Locations (Original Post) Yo_Mama_Been_Loggin Aug 2020 OP
Pizza Hut *FRANCHISEE* is closing/handing over 300 locations Roland99 Aug 2020 #1
According to the article... Alacritous Crier Aug 2020 #3
I believe it's poor wording in the article Roland99 Aug 2020 #9
👍🏼 Alacritous Crier Aug 2020 #10
I just hope it doesn't affect ours (and I don't believe it does) Roland99 Aug 2020 #13
Even more chains will close because some moron wanted to open too quickly. CaptYossarian Aug 2020 #2
They are running in Florida jimfields33 Aug 2020 #4
They're open because of your governor, DeathSantis. CaptYossarian Aug 2020 #5
Yeah. I just hope we stop the deaths. We're getting close to 10K deaths. jimfields33 Aug 2020 #6
It's the perfect storm. CaptYossarian Aug 2020 #7
Good news since local pizza stores are better, giving lindysalsagal Aug 2020 #8
There has been a Pizza Hut in my town for 25 years. Tracer Aug 2020 #11
It's been terrible Za for decades Johnny2X2X Aug 2020 #12
Bah, even Dominos is better DSandra Aug 2020 #14
Pizza Hut is terrific...I hope my nearby store remains open Awsi Dooger Aug 2020 #15

Alacritous Crier

(3,816 posts)
3. According to the article...
Tue Aug 18, 2020, 02:45 PM
Aug 2020

the "franchisee", NPC, is owned by Yum brands which is, in fact, the owner of the Pizza Hut chain amongst others.


Roland99

(53,342 posts)
13. I just hope it doesn't affect ours (and I don't believe it does)
Tue Aug 18, 2020, 03:18 PM
Aug 2020

seems most of the locations are the west and sw coast of FL and in toward the middle of the southern part of the state

We actually like our nearby Pizza Hut

CaptYossarian

(6,448 posts)
2. Even more chains will close because some moron wanted to open too quickly.
Tue Aug 18, 2020, 02:41 PM
Aug 2020

That reminds me--when was the last time a Golden Corral ad was on?

jimfields33

(15,830 posts)
4. They are running in Florida
Tue Aug 18, 2020, 02:47 PM
Aug 2020

They are open. Not sure if they have same amount of people. Pizza Hut was awesome as a teenage after football games but then you grow up and see it was awful.

jimfields33

(15,830 posts)
6. Yeah. I just hope we stop the deaths. We're getting close to 10K deaths.
Tue Aug 18, 2020, 02:54 PM
Aug 2020

After New York, New Jersey, Texas, I think we’re next in death numbers. Not good.

CaptYossarian

(6,448 posts)
7. It's the perfect storm.
Tue Aug 18, 2020, 03:02 PM
Aug 2020

A Trumplike governor, beaches, multitudes of people over 60, and some deep red sections who worry about their supposed rights.

Spring Break did not help either.

Stay safe.

Tracer

(2,769 posts)
11. There has been a Pizza Hut in my town for 25 years.
Tue Aug 18, 2020, 03:11 PM
Aug 2020

I've never set foot in the place.

There are three other local pizza parlors in town that serve terrific pizzas. Why go to the Hut?

 

Awsi Dooger

(14,565 posts)
15. Pizza Hut is terrific...I hope my nearby store remains open
Tue Aug 18, 2020, 03:46 PM
Aug 2020

Many of the employees in the dining room are older females who have been there for as long as I can remember. One lady always remembers that only want water with the buffet, so she brings it with a smile and no need to ask about a soft drink.

I never get the hype about local pizza chains. I have tried dozens of them in numerous states and never found one I preferred above Pizza Hut. Too much damn cheese in the local versions. Last thing I want in a pizza is gobs of hideous cheese slopping all over the place.

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