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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPizza 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/
Roland99
(53,342 posts)Not Pizza Hut, itself
Alacritous Crier
(3,816 posts)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)Alacritous Crier
(3,816 posts)Roland99
(53,342 posts)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)That reminds me--when was the last time a Golden Corral ad was on?
jimfields33
(15,830 posts)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.
CaptYossarian
(6,448 posts)And they called Arnold the "Governator".
jimfields33
(15,830 posts)After New York, New Jersey, Texas, I think were next in death numbers. Not good.
CaptYossarian
(6,448 posts)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.
lindysalsagal
(20,693 posts)small business one bit of access to local dollars.
Tracer
(2,769 posts)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?
Johnny2X2X
(19,069 posts)Not good at all.
DSandra
(999 posts)I could care less about Pizza Hut
Awsi Dooger
(14,565 posts)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.