Pizza Hut UK Restructuring Leads to 68 Restaurant Closures Under New Ownership
Pizza Hut’s UK operations undergo major restructuring as parent company Yum! Brands acquires the business through a pre-pack administration. The deal preserves 64 locations and 1,277 jobs while 68 restaurants will close permanently. This marks the second administration process for the UK chain in under a year.
Major Restructuring for Pizza Hut UK Operations
Pizza Hut’s United Kingdom operations are facing significant restructuring after the company behind its British venues entered administration, according to reports. The development will result in the permanent closure of 68 restaurants across the country, sources indicate.