Pizza Hut Franchise Company Files for Bankruptcy

One of Pizza Hut's largest franchise companies, which owns several eastern Kentucky restaurants, is filing for bankruptcy.

The Courier Journal is reporting Midland Food Services filed for Chapter 11 bankruptcy protection late Wednesday. Midland has five restaurants in eastern Kentucky and one in South Williamson, West Virginia.

Minimum wage increases, the rising cost of ingredients and unfavorable lease terms were sited as reasons why the company filed papers for the second time.

Midland filed Chapter 11 back in October 2000.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 26474484 - wkyt.com/a?a=26474484
Gray Television, Inc.