It will also shut 11 delivery sites as part of a restructuring which will put a total of 1,210 workers at risk of redundancy.
DC London Pie, the firm running Pizza Hut’s UK dine-in restaurants under a franchise deal, appointed administrators from corporate finance firm FTI on Monday.
American hospitality giant Yum! Brands, which owns the global Pizza Hut business, said it has now bought the UK restaurant operation in a pre-pack administration deal, saving 64 sites.
Isabelle Shepherd, Partner, at HaysMac explained some of the background to the issue: “This news highlights the continued challenges hospitality businesses face due to falling consumer demand. Budget uncertainty has prompted falls in spending, causing falling sales for many restaurant chains.
“The pizza market is particularly competitive with many new entrants taking market share, which has reduced demand for some of the more established brands who may be seen as less exciting.
“The increases in national insurance and the national living wage in April have compounded liquidity and cost issues. Hospitality businesses are suffering from the twin pressures of reduced sales and significantly increased labour costs, squeezing cashflows and working capital. Sadly, these pressures are too high for many to bear, including some beloved household names.”
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Here are the locations of Pizza Hut restaurants set for closure
- Ashton, Lancashire
- Beckton, London
- Bolton, Lancashire
- Bournemouth, Dorset
- Bradford Vicar Lane, West Yorkshire
- Brighton Marina, East Sussex
- Bristol, Avon
- Cardiff, South Glamorgan
- Carlisle, Cumbria
- Chatham, Kent
- Clacton, Essex
- Cortonwood, South Yorkshire
- Crawley, West Sussex
- Cribbs Causeway, Avon
- Croydon, Surrey
- Dudley, West Midlands
- Dundee, Dundee
- Durham City, County Durham
- Eastbourne, East Sussex
- Edinburgh, Scotland
- Edinburgh Fountain Park
- Edinburgh Kinnaird Park
- Enfield, Middlesex
- Falkirk, Scotland
- Feltham, Middlesex
- Finchley Lido, London
- Great Yarmouth, Norfolk
- Greenwich, London
- Grimsby, Lincolnshire
- Hartlepool, Cleveland
- Hayes, Middlesex
- Hereford, Herefordshire
- Huddersfield, West Yorkshire
- Hull, East Yorkshire
- Inverness, Scotland
- Kettering, Northamptonshire
- Kidderminster, Worcestershire
- Lancaster, Lancashire
- Leeds Colton Mill, West Yorkshire
- Leeds Kirkstall Road, West Yorkshire
- Leeds White Rose, West Yorkshire
- Liverpool, Merseyside
- Llanelli, Dyfed
- Lowestoft, Suffolk
- Manchester Fort, Lancashire
- Middlesbrough, Cleveland
- Norwich, Norfolk
- Oldham, Lancashire
- Portsmouth, Hampshire
- Preston, Lancashire
- Reading Gate, Berkshire
- Rhyl, Clwyd
- Rochdale, Lancashire
- Romford, Essex
- Russell Square, London
- Scunthorpe, Lincolnshire
- Shrewsbury, Shropshire
- Silverlink, Tyne & Wear
- Solihull, West Midlands
- St Helens, Merseyside
- Stratford-upon-Avon, Warwickshire
- Thanet, Kent
- Tower Park, Dorset
- Truro, Cornwall
- Urmston, Lancashire
- Wellingborough, Northamptonshire
- Wigan, Lancashire
- Yeovil, Somerset
Delivery site locations:
- Aylesbury, Buckinghamshire
- Bletchley, Milton Keynes
- Coventry North, West Midlands
- Coventry West, West Midlands
- Dunstable, Bedfordshire
- Leighton Buzzard, Bedfordshire
- Luton, Bedfordshire
- Milton Keynes, Buckinghamshire
- Rugby, Warwickshire
- Uxbridge, Middlesex
- Wolverton, Milton Keynes
