The iconic pizza chain Pizza Hut is closing locations as part of a broader business shift. Here's what it means for the brand.

Pizza Hut plans to close 250 U.S. restaurants in the first half of this year as its parent company considers a sale of the chain.

The move comes amid a “strategic turnaround effort” that involves “targeted closures, marketing support, and modernization initiatives” for Pizza Hut restaurants in the U.S., per a transcript of the e...