Pizza Express announce closure of 73 restaurants - see the full list
19 August 2020, 07:37
Which Pizza Express restaurants are closing? The chain will close 73 of its restaurants - find out which branches are affected.
Pizza Express have announced the closure of 73 of their restaurants, which will potentially cut up to 1,100 jobs.
The chain - which currently has 454 restaurants across the UK - is making the cuts in a bid to stay afloat in the wake of the coronavirus pandemic.
Pizza Express confirmed on Tuesday that it had finalised a proposal to reduce restaurant and rental costs via a company voluntary arrangement (CVA).
The proposal stated that, although many restaurants were profitable before lockdown, earnings had been declining over the past three years.
It also added that most chains that will be closed are close to another branch.
Zoe Bowley, Pizza Express's managing director for the UK and Ireland, said in a statement: "Unfortunately, the impact of the global pandemic has meant that we have had to make some incredibly tough decisions to safeguard Pizza Express for the long term.
"Today we have confirmed that 73 of our pizzerias are proposed to close permanently.
"Our focus is on our people whose jobs are impacted and we will be doing everything we can either to redeploy them or to support them in finding roles elsewhere.
"Hard as this process is, it will protect the jobs of over 9,000 of our colleagues and provide a strong footing for Pizza Express to meet future challenges and opportunities."
And Melanie Leech, chief executive of the British Property Federation, added: "These situations are never easy, particularly now for the retail, hospitality and leisure businesses on our high streets at the sharp end of the Covid-19 pandemic.
"Property owners, however, need to take into consideration the impact on their investors, including the millions of people whose savings and pensions are invested in commercial property, as they vote on any CVA proposal."
Which Pizza Express branches are closing? See the full list
Aberdeen - Belmont Street
Barnstaple - Three Tuns
Birmingham - Corporation Street
Birmingham - Mailbox
Bournemouth - Post Office Road
Bristol - Berkeley Square
Bristol - Regent Street
Dudley - Merry Hill
Earls Court - Earls Court Road
Edinburgh - Holyrood
Fulham Palace Road
Glasgow – Princes Square
Ipswich - Lloyds Avenue
Leeds - Crown Street
Leeds - Horsforth
Newport - Isle of Wight
Newport - South Wales
Nottingham - Goosegate
Oxford - Oxford Castle
Reading - St Mary's ButtsScarborough
Sheffield - Devonshire Street
Sheffield The Moor
Southport - Old