The nine remaining Sizzler restaurants in Australia will permanently close with its parent company Collins Foods citing "peak COVID-19 impacts" as one of its primary reasons.
Five stores in Queensland, one in Campbelltown NSW, and three in suburban Perth will close by November 15. Approximately 600 employees have been offered redundancy packages and Collins Foods says it will look to redeploy staff to its KFC and Taco Bell network."Of the three restaurant brands that Collins Foods operates, Sizzler has been hardest hit during the COVID-19 pandemic," the company said in a statement issued to the ASX this morning.
"As a casual dining concept, and unlike Collins Foods' KFC and Taco Bell restaurants, Sizzler revenues and earnings have been slow to recover from peak COVID-19 impacts."The Sizzler network is "no longer considered to be core to the company's strategic growth.Related
Source: News Formal (newsformal.com)
💔 we’ve been going here on the Gold Coast every year since I was a babe . crazy family tradition ... so nostalgic and this is sad
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Curtains for Sizzler in Australia as COVID forces full closureIconic all-you-can-eat chain Sizzler will fry its final cheese toast in November after parent company Collins Foods said the COVID-19 pandemic had forced it to pull the plug on the brand | domp domp Coming soon: Deliveroo, Foodrora & Ubereats to deliver cheesy bread :) domp I’m surprised there’s any places left! domp Thought it had died years ago
Source: smh - 🏆 6. / 80 Read more »
Government wants to boost Australian manufacturing after learning lessons of COVID-19The Federal Government will pump close to $1.5 billion into Australia's manufacturing sector, outlining plans to shore up local production and close holes in supply chains laid bare by COVID-19. By investing in gas, right? The government has learnt nothing. RonniSalt Et tu Brute
Source: abcnews - 🏆 5. / 83 Read more »
Australia's sporting codes commit to inclusion of trans and gender diverse athletesThe coalition includes the AFL, Netball Australia, Hockey Australia, Rugby Australia, Tennis Australia, Touch Football Australia, UniSport Australia and Water... Australian women and girls have just lost the right to choose to compete in female only sports. Men can now choose to play in either men’s competition or women’s. This is grossly unfair, unsafe and against women’s rights. Shameful decision. Well isn't that just fantastic. I for one will sleep better tonight in the knowledge that women's sports will forever be dominated by men from now on. Why can’t the sporting bodies advocate for trans sports? Pretty sure we’d all support that, now we just see ppl don’t care about women’s sports so who cares if it’s fair or not? Great msg for women and young girls.
Source: SBSNews - 🏆 3. / 89 Read more »
Flight Centre to close another 90 stores around Australia amid COVID-19 pandemicAfter already closing more than 300 Flight Centre stores operated around Australia pre-Covid, the travel agency is set to cshut down another 91 shop fronts amid the ongoing pandemic. No one will dare say a thing for axing the management Damn. Tomorrow, FLT stocks will be red-hot. thegreatreset...
Source: newscomauHQ - 🏆 9. / 77 Read more »
Queensland to stay shut until November as NSW records old local COVID-19 caseThe NSW-Queensland border will remain shut until at least November 1 despite NSW recording no new cases of community-transmitted COVID-19 | rachelclun LydiaLynch101 rachelclun LydiaLynch101 Qld is just playing games rachelclun LydiaLynch101 This is sick. Sicker than COVID19 We are all Australian and sick or well we should be together and support each other rachelclun LydiaLynch101 Blah. I’m over this whole border fiasco. I just feel sorry for those border communities
Source: smh - 🏆 6. / 80 Read more »
Queensland border to stay closed until after electionQueensland's border will remain closed to most of NSW until after the state election on October 31, the state's Deputy Premier has confirmed | LydiaLynch101 mattdennien LydiaLynch101 mattdennien Good- will never spend a cent in that state again! LydiaLynch101 mattdennien The lunacy. LydiaLynch101 mattdennien These idiotic politicians in Qld, dumb and blind to the damage they do to their tourism sector. Good for NSW!
Source: smh - 🏆 6. / 80 Read more »