Fast food chain in reconstruction

Published:

Fast food chain in reconstruction
Photo: Jessica Gow/TT

Fast food chain Pizza Hut has applied for restructuring and has had it granted by the Stockholm District Court, reports Fastighetsvärlden.

Fastighetsvärlden writes that Pizza Hut, which has 25 restaurants in Sweden, has been having problems with profitability for some time. On November 10, the district court decided to approve an application for reconstruction. All leases have been terminated.

"The goal is to save the restaurants. I am confident that we will get through this in a positive way," says Nina Ljungdahl, Nordic Manager at Pizza Hut.

Pizza Hut belongs to Yum Brands, which also includes Taco Bell and Kentucky Fried Chicken.

Loading related articles...

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for our readers

More news

Loading related posts...