Tag Archives: Wendy’s franchise files for bankruptcy

Major Pizza Hut, Wendy’s franchise files for bankruptcy

(CNN) – 1,200 Pizza Huts operator and nearly 400 Wendy’s restaurants declare bankruptcy NPC International, Pizza Hut’s largest franchisee, introduced Chapter 11 on Wednesday. The group has been struggling with pandemic-related closings, rising labor and food costs, and massive debt of nearly $ 1 billion. The APN says it employs …

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