Article

2020-08-19 Economy

Pizza Hut's largest franchise operator plans to close as many as 300 pizza shops

[DALLASNEWS] NPC International Inc., the largest franchise operator for Plano-based Pizza Hut, announced on Monday that it will close as many as 300 Pizza Huts. The decision was made after the company filed for Chapter 11 bankruptcy protection in July, when shutdowns related to the coronavirus (aka COVID19 or Chinese Plague)

coronavirus (aka COVID19 or Chinese Plague)

...the twenty first century equivalent of bubonic plague, only instead of killing off a third of the population of Europe it kills 3.4 percent of those who notice they have it. It seems to be fond of the elderly, especially Iranian politicians and holy men...
pandemic challenged its businesses.

A statement from Kansas-based NPC says it has not picked which restaurants will close, or when. NPC operates 1,227 Pizza Hut franchises, or about 18% of Pizza Hut’s 6,700 stores. NPC also operates just under 400 Wendy’s stores.

A "substantial majority" of the Pizza Huts that are closing are dine-in restaurants, the statement says.

The company does not operate any Pizza Huts in Dallas proper; its closest North Texas restaurants are to the east, in Tyler and Lindale, and to the northwest, in Bowie.

Across North Texas, small restaurateurs are trying out pizza during the pandemic. Yum! Brands, Pizza Hut’s parent company, reported an eight-year high in delivery and carry-out sales in early May.

Pizza Hut has been challenged by rising food and labor costs and competition with other pizza brands such as Domino’s Pizza and Papa John’s Pizza, we reported in July.

Pizza Hut says the closures are "an important step toward a healthier business" in a statement.

Posted by Fred 2020-08-19 00:00|| || Front Page|| [10 views ] Top

#1 The old saw is: "It's pizza. How bad can it be?" Actually, Pizza Hut / Dominos / Papa John's ain't half bad, but you are a criminal if you don't patronize your local mom n pop pizzeria.

Posted by M. Murcek 2020-08-19 06:17|| 2020-08-19 06:17|| Front Page Top

#2 Hate to see locations shut down, but it's not like there are not any pizza places around.

Posted by Clem 2020-08-19 06:54|| 2020-08-19 06:54|| Front Page Top

#3 These would be those who are making it due to lunch and dinner buffet; where teams go after the sportsball game.

Posted by swksvolFF 2020-08-19 11:31|| 2020-08-19 11:31|| Front Page Top

#4 Pizza Express to shut 73 restaurants with 1,100 jobs at risk as the chain struggles to stay afloat following the coronavirus lockdown

Posted by Skidmark 2020-08-19 13:22|| 2020-08-19 13:22|| Front Page Top

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