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Pizza Hut unveils the 29 restaurants earmarked to close

Yahoo Finance Staff
·1-min read
This Tuesday, Jan. 24, 2017, photo shows a Pizza Hut sign at a restaurant in Miami. Yum Brands, Inc., which operates Taco Bell, KFC and Pizza Hut, reports earnings, Thursday, Aug. 3, 2017. (AP Photo/Alan Diaz)
This Tuesday, Jan. 24, 2017, photo shows a Pizza Hut sign at a restaurant in Miami. Yum Brands, Inc., which operates Taco Bell, KFC and Pizza Hut, reports earnings, Thursday, Aug. 3, 2017. Photo: AP Photo/Alan Diaz

Pizza Hut has unveiled the 29 restaurants that it has earmarked to close as part of its restructuring deal to stay afloat.

Following its announcement on 9 September that it plans to close more than one in 10 of its restaurants in Britain, putting around 450 jobs at risk, the group sent a list of affected eateries to Yahoo Finance UK on Friday.

Here is the full list:

Pizza Hut restaurant closures. Table: Pizza Hut
Pizza Hut restaurant closures. Table: Pizza Hut

A Pizza Hut Restaurants spokesperson said in a statement sent to Yahoo Finance UK: “We are doing everything we can to redeploy our team members from our Pizza Hut Restaurants locations that are closing and minimise the impact to our workforce. We are therefore unable to share exact job loss numbers for each Hut. We understand this is a difficult time for everyone involved and are supporting our team members as much as possible throughout this transition.”

The Pizza Huts Restaurant Group, which runs the dine-in Pizza Hut franchise in the UK, said earlier this week that it is negotiating with lenders over a company voluntary arrangement (CVA), an insolvency procedure often used to avoid putting a company into full administration and re-negotiate debt repayments.

It said the restructuring measures could help save around 5,000 jobs at the rest of its 244 UK restaurants. Jobs at Pizza Hut Delivery and other linked franchises will not be affected.