After declared bankruptcy, Pizza Hut is expected to close 300 of its restaurants. Some Pizza Huts owned by NPC International will be closing their doors after the Kansas-based company declared bankruptcy.
NPC, which owns 1,225 Pizza Huts and 385 Wendy’s restaurants in 27 states, said it would close locations that were not designed to handle large amounts of takeout and delivery orders and open smaller locations aimed at handling the increased online demand.
As information, the locations are mostly dine-in and have been adversely affected by the coronavirus pandemic which, for the most part, has not led to a decrease in demand for delivery.
Pizza Hut, overall, reported only a 1% increase in profits over that same period of time.
A report from Yelp published in June found that around half of all restaurants in the U.S. that shut down because of the pandemic have closed permanently.