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Pizza Hut to Shut Down 250 Locations Amid Ongoing Brand Review

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AI Summary
Pizza Hut is set to close approximately 250 underperforming locations across the United States, which represents about 3% of its total footprint. This decision comes as Yum! Brands, the parent company, conducts a strategic review of the brand, which may include a potential sale. The announcement follows a disappointing quarter for Pizza Hut, with a 3% decline in same-store sales, contrasting sharply with the success of its sister brands Taco Bell and KFC. The review is expected to conclude later this year, but specific locations affected by the closures have not been disclosed.
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