Feb 14 • 16:52 UTC 🇬🇧 UK Mirror

Fast food chain collapses into administration - hundreds of jobs lost

A leading UK fast food chain, Leon, has gone into administration, leading to the closure of 22 restaurants and hundreds of job losses.

Leon, a prominent UK fast food chain known for its 'natural' menu and halloumi burgers, has entered administration, resulting in significant job losses and the closure of multiple locations. The company has confirmed that 244 jobs have been cut as part of this restructuring process. The financial troubles of the chain came to light after administrators were appointed at the end of last year, leading to a rapid decline in its operational capacity.

The closures affect various locations across the UK, including notable spots such as Notting Hill and Brighton, which are significant due to their urban footprints and customer bases. Prior to the administration, co-founder John Vincent had attempted to revive the brand after buying it back from Asda for what is estimated to be between £30 million and £50 million, a stark contrast to the £100 million it was sold for just four years earlier. This alarming trend reflects the broader challenges faced by the fast food industry, particularly those brands that emphasize healthier or 'natural' options amidst fierce competition.

The implications of Leon's collapse extend beyond just the immediate job losses; it highlights the ongoing volatility in the retail sector and the struggles that fast food chains are experiencing in adapting to changing consumer preferences. As consumers increasingly seek convenience as well as health-conscious menu choices, the failure of a prominent player like Leon may prompt other fast food chains to reevaluate their business strategies and operational models to avoid similar fates.

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