Article: Pizza Hut shuts down two eateries - Pacific Business News (Honolulu):

Pizza Hut Restaurants closed two of its oldest fast-food outlets in the first half of this year, leaving many wondering whether its parent company, Theo H. Davies Food Service Group, was downsizing operations in the Hawaii chain. The January and May closings of the Wahiawa and University Avenue Pizza Hut outlets, respectively, may be the result of cut-throat competition in the restaurant industry. In an economy where consumers increasingly seek "value-added" meals complete with low-priced, high-quality products, restaurants learn the most responsive businesses survive while the weakest fold or are forced to downsize. Theo Davies parent company, Jardine Pacific, had 1996 profit from ...

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