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Pizza Express have announced they are closing 73 restaurants and two of them are in Sefton


Pizza Express are closing 73 of their restaurants and two of them are unfortunately in Sefton


Yesterday, Pizza Express announced that it will be closing 73 of their restaurants and cut 1,100 jobs after being hit hard by the coronavirus pandemic and lockdown.


Two of the restaurants that are closing are in Sefton. They have confirmed that they are to sadly close the Formby restaurant and also the Southport Old Bank restaurant.



The company, which currently has around 454 restaurants in the UK, said on Tuesday it has finalised a proposal to reduce its restaurant and rental costs via a company voluntary arrangement (CVA).


Pizza Express Managing Director Zoe Bowley said: “Today we have confirmed that 73 of our pizzerias are to close permanently. Our focus is on our people whose jobs have been impacted and we will be doing everything we can either to redeploy them or to find them roles elsewhere.”


Pizza Express closed all of its restaurants on 23rd March and at the beginning of August, put the business up for sale but have not confirmed if they have received any offers.


It said that although the majority of its restaurants were profitable before lockdown was imposed, earnings had been declining across the Pizza Express estate for the last three years.


It added that the reduction in revenue caused by the enforced closure of all restaurants, the cost of reopening and the UK’s uncertain economic future meant its rental costs were no longer sustainable.


Pizza Express, which is majority owned by Chinese firm Hony Capital, also confirmed it had hired advisers from Lazard to lead a sale process for the business.


Here is the full list of restaurants to close:


Aberdeen - Belmont Street

Aylesbury

Barnstaple - Three Tuns

Biggleswade

Billericay

Birmingham - Corporation Street

Birmingham - Mailbox

Bournemouth - Post Office Road

Bramhall

Bristol - Berkeley Square

Bristol - Regent Street

Bromsgrove

Bruton Place

Charlotte Street

Chippenham

Dalton Park

Darlington

Dudley - Merry Hill

Earls Court - Earls Court Road

Edinburgh - Holyrood

Formby

Fulham Palace Road

Glasgow – Princes Square

Glossop

Gosforth

Grantham

Halifax

Hampstead

Hatch End

Hereford

Heswall

Ipswich - Lloyds Avenue

Leeds - Crown Street

Leeds - Horsforth

Ludlow

Lymington

Melton Mowbray

Midhurst

Milton Keynes

Moseley

New Brighton

Newcastle

Newport - Isle of Wight

Newport - South Wales

Northallerton

Nottingham - Goosegate

O2 Finchley

Orpington

Oxford - Oxford Castle

Poole

Port Solent

Ramsgate

Reading - St Mary's Butts

Scarborough

Sheffield - Devonshire Street

Sheffield The Moor

Shirley

Southport - Old Bank

Stafford

Staines

Stoke

Stourbridge

Sudbury

Torquay

Uxbridge

Wakefield

Walsall

Wapping

Wardour Street

Weston-super-Mare

Whiteley Village

Whitstable

Wrexham


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Formby School of Dancing and Performing
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Formby School of Dancing and Performing
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