Pizza Hut UK Administration Closes 68 Restaurants, Risks 1,210 Jobs
Pizza Hut UK Administration Closes 68 Restaurants, Risks 1,210 Jobs

Pizza Hut UK Administration Closes 68 Restaurants, Risks 1,210 Jobs

News summary

Pizza Hut's UK dine-in restaurant operations, run by franchisee DC London Pie, have entered administration, leading to the closure of 68 restaurants and putting over 1,200 jobs at risk. American parent company Yum! Brands has stepped in with a pre-pack administration deal to save 64 sites and preserve approximately 1,277 jobs, while around 68 locations remain at risk of closing. The closures highlight broader challenges facing the UK's mid-market dining sector, which has struggled with competition from delivery chains, changing consumer preferences, and economic pressures such as the cost-of-living crisis. Pizza Hut's UK business has faced repeated financial difficulties, having gone through insolvency less than a year ago before being acquired by DC London Pie. The company has prioritized operational continuity at the acquired locations and support for employees during the transition, though the future of many sites, especially in regions like the North East and Norfolk, remains uncertain. This situation reflects the ongoing contraction of casual dining options in the UK amid evolving market dynamics.

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