, UK

PizzaExpress to close dozens of restaurants: report

The pizza chain may be considering a company voluntary agreement.

Dozens of PizzaExpress sites are facing potential closure as part of a financial restructuring.

Sky News reported that the company is drawing up plans to close "around 75" of its 470 UK outlets through a company voluntary arrangement (CVA).

The final number of proposed closures had yet to be arrived at, and reportedly would depend partly on the progress of formal talks with landlords.

The move, if it were to proceed, would impact hundreds of jobs in the chain’s roughly 8,000-strong workforce.

Read the full report here.

Join QSR Media UK community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!