Pizza Hut, Poor Sales Problems: 7 Restaurants Should Be Closed
6 Articles
6 Articles
Sphere Franchise Group, KFC operator Pizza Hut and Taco Bell, closes seven Pizza Hut restaurants due to low sales and the negative impact on profits. Article Pizza Hut, problems caused by low sales: 7 restaurants should be closed for the first time in Romania TV.
Sphera Franchise Group, which operates the KFC, Pizza Hut and Taco Bell brands in a franchise system in Romania, the Republic of Moldova and Italy, announces that it has decided to close seven Pizza Hut restaurants in Romania, units that have recorded operational performances below expectations and have a significant negative impact on financial results. “In continuation of the process […] The article 7 Pizza Hut restaurants are closing: “Privat…
Spera Franchise Group, KFC operator Pizza Hut and Taco Bell, announced Bursa de Valori Bucuresti that it will close seven Pizza Hut restaurants due to weak performances and the negative impact on financial results.
The operator of KFC, Pizza Hut and Taco Bell franchises in Romania has decided to close seven Pizza Hut restaurants that generated losses and affected the group's financial results. The measure is part of a process of streamlining the network, in a difficult economic context, marked by rising energy prices, tax increases and more cautious consumer behavior.
Sphere Franchise Group, KFC operator, Pizza Hut and Taco Bell, closes seven Pizza Hut restaurants due to weak performances and the negative impact on financial results.
The decision is based on a more difficult economic context, marked by energy savings, fiscal changes and the slowdown of consumption, factors that have put pressure on costs and reduced margins. In a report published at the Bursa de Valori Boucuresti Bursa de Valori Bucharest, the company's representatives show that, starting in July 2025, the liberalisation and increase in prices on the energy market, the adoption of new tax measures and the in…
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