
Pizza Hut is to close 3 delivery outlets in Milton Keynes as part of a financial restructuring program.
The American pizza chain will be closing delivery outlets in Bletchley, Oldbrook and Wolverton, with the locations being closed as part of a restructuring program that will see 68 restaurants and 11 delivery outlets closed down. A full sit-down restaurant at the centre:mk in Central Milton Keynes will remain open.
The move will see over 1,200 jobs lost nationwide as part of the restructuring deal, which has been orchestrated after Pizza Hut’s previous UK franchise owner DC London Pie Ltd fell into administration earlier this year. DC London Pie Ltd had brought Pizza Hut’s UK business in January, after the prior franchise holder had fallen into insolvency.
American food corporation Yum! Brands, which owns the global Pizza Hut business, confirmed that they had bought the UK restaurant operation earlier this week in a pre-pack administration deal, saving 64 restaurant sites.
A spokesperson for Pizza Hut UK told the BBC, “We are pleased to secure the continuation of 64 sites to safeguard our guest experience and protect the associated jobs.”
Pizza Hut had first opened in the UK in London in 1973, having been founded in Texas 15 years earlier. At its peak during the 2000s, it had over 400 branches in the UK.