Pizza Hut invests £40million into the UK and Ireland
Published: 13 May 2016
Pizza cutters at the ready. Pizza Hut Delivery is delighted to announce plans to invest £40million in the UK and Ireland through the opening of 200 new stores over the next four years, resulting in the creation of at least 3,000 jobs.
What’s more, one-in-four of these new stores will take the Pizza Hut Express format – a quick serve unit that offers ‘individual eats’ and smaller servings of pizza, which are ideal for a quick and satisfying lunch that can be eaten in or as a takeaway. The brand’s latest store recently opened in Westfield Stratford City – one of the highest traffic destinations in the UK.
In 2012 the business announced plans to create 100 new Huts by 2014, through the development of a new franchise incentive scheme, which saw it invest a total of £20million in the UK. It will now build on this success through further expansion, which will be generated through new franchise partnerships as well as extending existing partnerships.
Commenting on the expansion, Raphael Miolane, CEO Pizza Hut UK and Ireland, said: “We’ve built a firm foundation for the business since we opened our first delivery store over 15 years ago. We are proud to be on a path for continued growth in the UK, with ambitious plans to open a further 200 Pizza Hut stores by 2020. Our Pizza Hut Express portfolio will play an important role in this strategy, with at least 50 taking this format.
“We wouldn’t be where we are today without our franchisees and we are looking forward to growing our existing relationships, whilst also developing new partnerships to achieve our ambitions.”
This year, Pizza Hut also reached a further milestone in the UK having achieved the business’s highest portfolio of Huts, with 700 now operating across the UK and Ireland, including 270 restaurants. Do you want a slice of the action?
