Pizza Hut is the latest to follow suit.įollowing news that one of the company's largest franchisees had filed for bankruptcy, parent company Yum! Brands said it would close roughly 300 Pizza Hut restaurants. In July, Dunkin' announced plans to shutter nearly 300 store locations across the United States while Popeyes, Burger King, and Tim Hortons have reported their own closures. It is the first major casualty in the fast food sector in Northern Ireland so far this year, as consumers tighten their spending.The restaurant and bar industry has been hit particularly hard by the coronavirus pandemic - and massive national chains have been no exception. ![]() The vast majority of positions in the outlets are part-time or of a seasonal or temporary nature. I will be working to see if we can save the remaining five outlets, but I am not in a position to give any guarantee about their future operations at this time.” However, I am pleased that some will remain open to continue serving the public. Mr McClean said: “I regret it is not possible to keep all the stores going. These are at the Odyssey, Castlecourt, Victoria Square, Carryduff and Bangor. The administrator has also said he will be working closely with the company to keep the remaining five outlets open while their trading position is urgently assessed. Margaret Canning’s selection of the must-read business stories straight to your inbox every Tuesday morningĮnter email address This field is required Sign Up These are at Lisburn, Carrickfergus, Ballymena and Glengormley and together they employ about 120 people.” Mr McClean added: “However, I am pleased that arrangements have been made that can enable four other outlets to remain open. The outlets to close are in Dublin Road where 25 people are employed, Yorkgate which has 28 staff, Connswater in Belfast where there are 24 jobs, Coleraine which has 25 staff and Dungannon where 28 jobs will be lost. “I have assessed the current trading position of outlets run by Restaurant Management Services and it is with regret that I have concluded that there is no option other than to close five of the 14 immediately.” Mr McClean said: “The franchises run by Restaurant Management Services have been operating in an increasingly competitive market for some time and the company’s financial situation has been exacerbated by the current economic downturn, resulting in the decision to enter administration. The future of another five restaurants hang in the balance after it was revealed Restaurant Management Services, a Northern Ireland company which is a franchisee of all 14 Pizza Hut outlets in the province, has gone into administration.ĭavid McClean, senior partner and insolvency practitioner in Belfast-based chartered accountants, Moore Stephens, was today appointed administrator of Restaurant Management Services. ![]() Fast food chain Pizza Hut today announced the closure of five restaurants in Northern Ireland with the loss of 130 jobs.
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