River 127,344 Posted July 1, 2020 Share Posted July 1, 2020 NPC International, the operator of 1,200 Pizza Hut and nearly 400 Wendy's restaurants in the United States, has filed for bankruptcy. The franchisee has been dealing with a perfect storm of problems that led to its Chapter 11 filing on Wednesday, including coronavirus-related shutdowns, a massive debt burden of nearly $1 billion and rising labor and food costs. Pizza Hut, of which NPC is the company's largest franchisee, has also been struggling with sales recently. NPC's restaurants will continue to operate while it navigates the Chapter 11 process. The company employs nearly 40,000 people in 27 US states, according to its website. In a statement to CNN Business, Pizza Hut said the filing "was expected" and remains supportive of NPC. "As NPC works through this process, we support an outcome resulting in an organization with a lower, more sustainable level of debt, ownership focus on operational excellence and a greater level of restaurant investment," a Pizza Hut spokesperson said. The company added that filing will "strengthen the overall health and performance of the entire system for the long term." https://edition.cnn.com/2020/07/01/business/npc-international-pizza-hut-bankruptcy/index.html So sploosh your juice all over me you Riverboy Link to post Share on other sites More sharing options...
TasteLikeWhiskey 1,561 Posted July 1, 2020 Share Posted July 1, 2020 Some of the first crumbles of many to come..... I would never die for my beliefs because I might be wrong Link to post Share on other sites More sharing options...
Economy 52,842 Posted July 1, 2020 Share Posted July 1, 2020 1 minute ago, TasteLikeWhiskey said: Some of the first crumbles of many to come..... Why is this a good thing? Link to post Share on other sites More sharing options...
Meredith Grey 3,219 Posted July 1, 2020 Share Posted July 1, 2020 Omg no i love Wendy’s so much. A 4 for 4 is the best fast food meal u can get tbh Link to post Share on other sites More sharing options...
Doot 2 Posted July 1, 2020 Share Posted July 1, 2020 Now I want a Frosty. Link to post Share on other sites More sharing options...
Smother Em Eh 7,281 Posted July 1, 2020 Share Posted July 1, 2020 Wow. Why can’t Burger King and Carl’s Jr. do the same? Get Applause & G.U.Y to 1B views! Link to post Share on other sites More sharing options...
PartySick 172,461 Posted July 1, 2020 Share Posted July 1, 2020 NOOOOO Pizza Hut has like the best pizza second only to Papa John's, Domino's, Valentino's, Bizzaro's, and that little place beside the Target plaza Whimsical bitch Link to post Share on other sites More sharing options...
TasteLikeWhiskey 1,561 Posted July 1, 2020 Share Posted July 1, 2020 4 minutes ago, Economy said: Why is this a good thing? I know i should be ashamed and that it is an insensitive and rather hateful opinion to hold. So forgive me. But I am hopeful that some big shocks and changes to our economic and social structures will lead to less over population, a healthier planet and better governance. I would never die for my beliefs because I might be wrong Link to post Share on other sites More sharing options...
uo111 5,282 Posted July 1, 2020 Share Posted July 1, 2020 Sad for Wendy's (even though those ****ers need a good veggie option... or any veggie option my god), but who would miss pizza hut? 1 billion dollars in debt though, that's not just a coronavirus issue. Who do they think they are? The United States of America? Link to post Share on other sites More sharing options...
EthelDee 552 Posted July 1, 2020 Share Posted July 1, 2020 I think some of you dont understand whats happening here. One company that owns a bunch of individual(franchises) Wendy's and Pizza Huts is going under. They do not own all the Wendy's and Pizza Huts. 1200 out of 7500 Pizza Huts will close. 400 out of 6700 Wendy's will close. Link to post Share on other sites More sharing options...
River 127,344 Posted July 1, 2020 Author Share Posted July 1, 2020 8 minutes ago, PartySick said: NOOOOO Pizza Hut has like the best pizza second only to Papa John's, Domino's, Valentino's, Bizzaro's, and that little place beside the Target plaza Papa John's Pizza is literally like when someone's eats a pizza, pukes it and prepares a new pizza with their puke. So sploosh your juice all over me you Riverboy Link to post Share on other sites More sharing options...
Economy 52,842 Posted July 1, 2020 Share Posted July 1, 2020 19 minutes ago, TasteLikeWhiskey said: I know i should be ashamed and that it is an insensitive and rather hateful opinion to hold. So forgive me. But I am hopeful that some big shocks and changes to our economic and social structures will lead to less over population, a healthier planet and better governance. I don't think economic pain is what's gonna do that The developed world already has for quite some time a lower birth rate than the replacement rate (births required to keep population flat long term) and most developed Countries that are on a path to growth it's because of immigration not births And the 3rd world nations mostly in Africa that still have high birth rates are in Countries that are not responsible for much of the excessive consumption of earths resources anyway As far as the population goes I don't think stuff like this is gonna have more than a trivial impact Link to post Share on other sites More sharing options...
Regina George 59,387 Posted July 1, 2020 Share Posted July 1, 2020 23 minutes ago, TasteLikeWhiskey said: I know i should be ashamed and that it is an insensitive and rather hateful opinion to hold. So forgive me. But I am hopeful that some big shocks and changes to our economic and social structures will lead to less over population, a healthier planet and better governance. And closing business will help with those issues how? Link to post Share on other sites More sharing options...
dynamite 66,566 Posted July 1, 2020 Share Posted July 1, 2020 Ma'am this isn't a Wendy's Like a poem said by a neydy in red Link to post Share on other sites More sharing options...
Guest Posted July 1, 2020 Share Posted July 1, 2020 18 minutes ago, River said: Papa John's Pizza is literally like when someone's eats a pizza, pukes it and prepares a new pizza with their puke. OK i wanted to try Papa John's if I find it abroad but now Ill pass Link to post Share on other sites More sharing options...
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