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Pizza Hut and Wendy's franchisee NPC files for bankruptcy

AP
Filed on July 2, 2020
coronavirus pandemic, Pizza Hut, Wendy

The biggest Pizza Hut and Wendy's franchise operator in the US was struggling before the coronavirus pandemic.

NPC International, the largest franchisee of Pizza Hut and Wendy's restaurants in the US, filed for Chapter 11 bankruptcy protection.

The company, which employs 36,000 workers in 30 states and the District of Columbia, expects to keep its 1,600-plus locations open while it works to trim debt and negotiate with its landlords.

NPC International has a total of approximately 7,500 full-time employees and approximately 28,500 part-time employees spread through 30 states and Washington, DC.

NPC International said that labor costs, increased expenses for supplies and the uncertainty due to the COVID-19 outbreak contributed to the company's downturn.




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