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The company behind two Rockhampton Pizza Hut stores went into voluntary administration last Friday, leaving 29 staff without a job in the week before Christmas.
Pizza Famiglia Pty Ltd is owned by Scott and Gia Villiers who say they have exhausted all points of negotiation with franchisors, Pizza Pan Group Pty Ltd
Mr Villiers said in June 2014, the former franchisors, US company Yum! announced a value strategy which forced franchisees to sell pizzas at $4.95.
The move, which saw pizzas sold at less than cost price, was intended as a short-term tactic to increase turnover and take market share from rival company…
Read the full article at: http://m.thesatellite.com.au/news/breaking-29-jobs-lost-as-rockhampton-fast-food-fra/3125633/