Redditch Prezzo set to close as part of national closures - The Redditch Standard

Redditch Prezzo set to close as part of national closures

Redditch Editorial 24th Apr, 2023   0

ANOTHER blow comes to Redditch night-life as Italian chain restaurant Prezzo is set to close.

The restaurant inside the Kingfisher Shopping Centre is one of 46 branches that are set to close across the UK.

Prezzo said nationally about 810 workers are at risk of redundancy as part of the overhaul.

Dean Challenger, chief executive of Prezzo said in a statement: “The reality is that the cost-of-living crisis, the changing face of the high street and soaring inflation has made it impossible to keep all our restaurants operating profitably.”

As well as energy bills, Prezzo said its “core ingredients” had soared, with dough ball costs rising 15 per cent, pizza sauce shooting up 28 per cent and spaghetti jumping 40 per cent.

The store first opened in the Kingfisher in 2015.

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