Famous Brands shuts 41 restaurants as economic pressures bite
23 October 2024 - 08:23
UPDATED 23 October 2024 - 17:51
Famous Brands, the owner of Debonairs Pizza, Steers and Wimpy restaurants, has shut 41 outlets in the past six months due to shifting demographics and persistent economic pressures that are weighing heavily on consumers.
The closures were primarily driven by changes in consumer behaviour and demographics that made some areas unviable for trading, CEO Darren Hele told Business Day on Wednesday...
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