Giant fast-food franchisee closing up to 300 Pizza Hut locations
Three hundred Pizza Huts are going dark and 927 other locations are going on the selling block.
NPC International has reached an agreement with Pizza Hut, whose parent company is Yum! Brands, to close up to 300 Pizza Hut locations and puts its remaining 927 Pizza Hut locations up for sale. NPC is Pizza Hut’s largest U.S. franchisee, representing 20% of the chain’s U.S. restaurant base.
NPC, which filed for bankruptcy protection in early July, also operates nearly 400 Wendy’s locations. It is the largest franchisee of any restaurant concept in the U.S. based on unit count, and the fifth largest restaurant unit operator in the U.S. based on unit count.
CSA
Related news
This is why chicken is on the Pizza Hut menu
A few days ago, Pizza Hut’s menu in Hungary was…
Read more >Strict regulations and measures remain in place due to the COVID-19 virus
The National Food Chain Safety Office (Nébih) draws attention to…
Read more >The eradication of colonies infected with RSZKF disease has been completed
The culling and disposal of infected herds in the farms…
Read more >Related news
Nearly two-thirds of Hungarian SMEs plan to raise salaries in the next 12 months
65 percent of small and medium-sized enterprises (SMEs) plan to…
Read more >Eurozone inflation remains at 2 percent in July
After June, annual inflation in the eurozone was 2 percent…
Read more >The amount of subsidies from the Széchenyi Card Program reached 100 billion forints
The Széchenyi Card Program significantly contributes to strengthening the competitiveness…
Read more >