Papa Johns Shuts Down 43 underperforming Restaurants in the UK; Revolution Bars Explores Selling Itself Amid Financial Challenges.

Papa John’s to close 10% of UK pizza locations

Papa Johns, a well-known pizza chain in the UK, has announced that it will be closing nearly 10% of its restaurants due to underperformance. The decision to shut down 43 sites came after a thorough review of the company’s business identified locations that were no longer financially viable. These closures are expected to impact employees, but the company has stated that it will fully support them throughout the process and help them find alternative employment opportunities where possible.

The affected Papa Johns restaurants are all located in England, ranging from Harrogate in North Yorkshire to St Helens in Merseyside, Billericay in Essex, and Eastbourne in East Sussex. These closures are part of Papa Johns’ strategic plan to free up capital for investment in its remaining UK sites. The company aims to expand into non-traditional locations such as holiday parks and has plans to collaborate with other major retail partners in the future.

In a separate announcement, Revolution Bars has also stated that it may consider selling itself as part of a review of its business. Following reports that it could close roughly a quarter of its outlets, the company has acknowledged the challenges it has faced and is exploring strategic options to improve its future prospects. This could include restructuring parts of the group or selling all or part of the business.

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