Pizza Hut is closing its operations in Chile due to economic and competitive challenges. Food Delivery Brands announced its decision, emphasizing prior efforts to sustain the business. The group plans to focus on European operations while ensuring the rights of affected workers. The company expressed gratitude to customers and employees for their support.
Pizza Hut will cease its operations in Chile as announced by Food Delivery Brands, which also oversees Telepizza. The company stated that despite their strenuous efforts to maintain the business, they are compelled to terminate all operations relating to the Pizza Hut and Telepizza brands and request the company’s liquidation in court.
The decision comes as Food Delivery Brands faces a challenging economic and competitive landscape in Chile. The company plans to refocus its efforts on its European operations, while also affirming its commitment to handle the closure in a responsible manner. They emphasized the importance of preserving the rights of affected employees and stakeholders as much as possible.
In their statement, Food Delivery Brands expressed gratitude to customers for their loyalty and to employees for their hard work and dedication over the years. This closure marks a significant shift for the brand in the Chilean market.
Pizza Hut, a globally recognized fast-food chain, has operated in various international markets, including Chile. The recent announcement highlights the impact of changing economic conditions and competitive pressures facing businesses in the region. Food Delivery Brands’ decision to close Pizza Hut and Telepizza operations reflects a broader strategy to consolidate their resources, particularly within the European market, amidst challenges experienced in Chile.
In summary, Pizza Hut’s withdrawal from the Chilean market marks a significant development for both the brand and its consumer base in the region. The company’s decision is a response to adverse economic conditions and aims to refocus its resources. There is a commitment to ensure that the rights of employees are respected during this transition, while the company expresses its appreciation for customer loyalty and employee dedication.
Original Source: en.mercopress.com