Iceland to Lose Two-Thirds of Its Pizza Huts

bug-slice-pizza-hut-logo.pngYes, Pizza Hut is pulling 66 percent of its pizza hut locations from Iceland after the island nation's catastrophic economic collapse in late 2008.

In this case, that would mean Pizza Hut is closing two locations in Iceland, leaving open a single restaurant in a shopping mall near Reykjavik.

People just weren't eating enough pizza to carry the extra locations, Hut officials said. According to the Reuters story on the pull-out, "a basic Pizza Hut pie with cheese sells for the equivalent of about $17 in Iceland."

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