Up to 300 Pizza Hut locations are set to close across the US in the aftermath of the chain's largest franchisee, NPC International, filing for bankruptcy.
"The optimization of NPC's Pizza Hut restaurant footprint is expected to increase the potential value that could be generated from the Pizza Hut business, either through the sale path, or if value is not maximized through such effort, through a standalone plan of reorganization, and possibly through a hybrid of the two options," NPC said in a press release on Monday.
"Deteriorating brand recognition has been further exacerbated by decreased menu innovation and the lack of a clear, long-term strategy by the Pizza Hut Franchisor to address the brand issues to provide a clear and differentiated identity," NPC said in its Chapter 11 filing.
Is Pizza Hut now no longer even the second largest pizza chain? Dominos bigger now but so is little Caesars at this point maybe? Kate_H_Taylor do you know?
If they brought back the Quepappas, they'd have a job Still...🤷🏼♀️💪
That's good. They have the most disgusting pizza by far!
Pizz o shit
Nooooooooooooooooooooooooooo!
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
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