The largest Pizza Hut franchisee in the U.S. will close up to 300 restaurants nationwide, parent company Yum! Brands announced Monday.
NPC International Inc., which owns 1,227 Pizza Hut stores, filed for Chapter 11 bankruptcy in July and has now agreed with Yum! Brands to close up to 300 struggling restaurants, most of which will be dine-in locations.
Specific locations of Pizza Hut closures have not been announced.
Based on a search on NPC International's website, at least five of its Pizza Hut franchises are located in Minnesota, all in western parts of the state: Breckenridge, Detroit Lakes, Fergus Falls, Moorhead and Worthington.
"We have continued to work with NPC and its lenders to optimize NPC’s Pizza Hut restaurant footprint and strengthen the portfolio for the future, and today’s joint agreement to close up to 300 NPC Pizza Hut restaurants is an important step toward a healthier business," Pizza Hut said in a statement provided to Fox Business.
"Consistent with Pizza Hut’s previously announced transition to a more modern delivery, curbside and carryout-focused asset base, a substantial majority of the NPC Pizza Hut locations to be closed are dine-in locations," the statement read.