PIZZA Hut has revealed the full list of 29 restaurants it plans on closing, putting 450 jobs at risk.
It comes after the casual dining chain announced it would shut branches for good in an update this week.
Pizza Hut has revealed which 29 locations it has earmarked for closure
Pizza Hut has now revealed which locations are likely to close, as it launches a company voluntary arrangement (CVA) restructuring deal.
A CVA is an agreement between a business and its lenders to secure cost-cutting measures – it doesn’t mean a company has gone bust.
The move would impact around 12% of Pizza Hut’s restaurants in the UK, and almost 10% of staff.
Its delivery operations are unaffected by the move.
In its announcement this week, Pizza Hut said the proposed restaurant closures follow “significant disruption” to its profits after the coronavirus pandemic.
The restaurant chain warned that its sales “are not expected to fully bounce back until well into 2021”.
It comes just over one month after Pizza Hut said it would try not to cut jobs or close branches despite being hit by the coronavirus crisis.
Pizza Hut was forced to close all its branches temporarily on March 23 in line with Covid-19 government guidelines.
The vast majority of its UK restaurants have now reopened, with Pizza Hut taking part in the Eat Out to Help Out scheme last month.
It’s announced that it’ll carry on offering discounts throughout September, including two for one on main meals on Mondays to Wednesdays for customers who are signed up to its email alerts.