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Pizza Hut closing about 500 dine-in locations

Pizza Hut is closing hundreds of its dine-in stores as it focuses more on carryout and delivery.

Today reported that, according to a company earnings call on Aug. 1, about 500 locations of Pizza Hut will close.

According to Yum! Brands, Pizza Hut's parent company, there are 7,496 restaurants in the United States.

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"Pizza Hut continues to develop tailored action plans for our largest dine-in markets, while at the same time transforming the estate for a more compelling off-premise focused asset strategy," Greg Creed, CEO of Yum! Brands, said during the company's earnings call on Aug. 1, according to Today.com.

"It's hard to estimate how soon the timing of when a store will close and then when the replaced unit will open," Gibbs said, according to Food Business News. "There will be gaps on some of those, but certainly our goal is to try to minimize those gaps."

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