Pizza Hut’s UK restaurants are set to embark on a new direction following a rescue deal that will see the chain undergo a significant transformation. The deal, which was announced earlier this week, will see the closure of 29 of Pizza Hut’s UK restaurants, with the remaining 215 restaurants set to undergo a revamp.
The move comes as part of a Company Voluntary Arrangement (CVA) that will allow the struggling chain to restructure its debts and secure its future. The closure of the underperforming restaurants is seen as a necessary step in order to streamline the business and focus on the remaining locations.
In addition to the closures, Pizza Hut’s UK restaurants will also be receiving a £40 million investment from its parent company, Yum! Brands. This investment will be used to upgrade the remaining restaurants, with a focus on improving the customer experience and modernizing the brand.
The revamp will include a new menu, with a greater emphasis on healthier options and plant-based alternatives. The chain will also be introducing new technology, such as self-service kiosks and a revamped online ordering system, to improve efficiency and convenience for customers.
The rescue deal is seen as a positive step for Pizza Hut’s UK restaurants, which have been struggling in recent years due to increased competition from other fast-casual dining options. The closures and revamp are expected to help the chain better compete in the increasingly crowded restaurant market.
Pizza Hut’s UK restaurants have a long history in the country, with the first location opening in 1973. The chain has since become a staple in the UK dining scene, known for its affordable prices and family-friendly atmosphere.
While the closure of 29 restaurants is sure to be a blow to employees and customers in those locations, the revamp of the remaining restaurants is seen as a necessary step in order to ensure the long-term success of the chain. With a renewed focus on quality and innovation, Pizza Hut’s UK restaurants are poised to attract a new generation of customers and continue to be a beloved dining option for years to come.