Pizza Hut will close 68 stores
The dine-in arm of Pizza Hut has collapsed into administration , putting dozens of restaurants and hundreds of jobs at risk.
The 67-year-old chain has said it will shutter 68 venues permanently, while 1,723 workers face uncertainty on their futures.
As part of the administration, Pizza Hut UK announced the acquisition of the Pizza Hut dine-in operations through a pre-packaged administration, after FTI was announced today as administrators of DC London Pie Limited, a franchisee of Pizza Hut.
A statement read: “We are pleased to secure the continuation of 64 sites to safeguard our guest experience and protect the associated jobs.
“Approximately 1,277 team members will transfer to the new Yum! equity business under UK TUPE legislation, including above-r