Pizza Hut is an American restaurant chain and international franchise that was founded in 1958 in Wichita, Kansas by Dan and Frank Carney. The company is recognized for its Italian-American cuisine menu, including pizza and pasta, as well as side dishes and desserts. Pizza Hut has 18,431 restaurants worldwide as of December 31, 2018, making it the world’s largest pizza chain with regards to locations. It is a subsidiary of Yum! Brands, Inc., one of the world’s largest restaurant companies.
Although state and native laws limit where it can offer beer delivery, you can find 22 states that permit it, and it also represents a smart method for Yum! Brands to develop Pizza Hut sales further.
The first Pizza Hut (pictured) opened on June 15, 1958, in Wichita, Kansas.
Pizza Hut was founded in June 1958 by two Wichita State University students, brothers Dan and Frank Carney, being a single location in Wichita, Kansas. Half a year later they opened an additional outlet and inside a year they had six Pizza Hut restaurants. The brothers began franchising in 1959. The iconic Pizza Hut building style was designed in 1963 by Chicago architect George Lindstrom, and was implemented in 1969. PepsiCo acquired Pizza Hut in November 1977.
Before closing in 2015, the oldest continuously operating Pizza Hut is in Manhattan, Kansas, in a shopping and tavern district referred to as Aggieville near Kansas State University. The initial Pizza Hut restaurant east from the Mississippi River was opened in Athens, Ohio, in 1966 by Lawrence Berberick and Gary Meyers.
Pizza Hut’s international presence includes Canada and Mexico in The United States, and India (not within the Pizza Hut division, nevertheless in the Yum! India division), Bangladesh, Pakistan, Japan, Saudi Arabia, the United Arab Emirates, Qatar, the Philippines, Vietnam, Thailand, Malaysia, Singapore, Indonesia, Brunei Darussalam, China (now element of Yum! spinoff Yum China), Hong Kong, Taiwan, South Korea, Myanmar, and Macau in Asia. Pizza Hut was one of the first American franchises to open in Iraq. In Europe they may be in United Kingdom, Sweden, Norway, Finland, Germany, Spain, Turkey; in Honduras, Costa Rica, El Salvador, Guatemala, Colombia, Nicaragua, Venezuela, Chile, Brazil, Peru and Ecuador, in South and Central America; in Ethiopia, South Africa and Tanzania in Africa; and in Australia, Nz in Oceania.
The business announced a rebrand that began on November 19, 2014, in an attempt to increase sales, which had dropped in the earlier two years. The menu was expanded introducing various items such as crust flavors and 11 new specialty pizzas. Work uniforms for employees were also refreshed. In 2017, Pizza Hut was listed by UK-based company Richtopia at number 24 inside the listing of 200 Most Influential Brands in the World.
On June 25 and 27, 2019, it had been reported that pizza hut delivery near me is returning their logo with the “Red Roof”, which had been used from 1967 until 1999.
On August 7, 2019, Pizza Hut announced its intention to close about 500 of its 7,496 dine-in restaurants in america, by the midst of 2021.
Pizza Hut Delivery.
Beer Delivery Spurs Pizza Hut Sales Growth.
Few things go together as well as beer and pizza, which is likely why the Yum! Brands beer delivery program for the Pizza Hut chain is certainly a success.
It started off as being a small test in Arizona in 2017 and expanded to 300 locations in seven states earlier this year. By January 2020, it should be in one thousand stores — perfect timing just ahead of the Super Bowl in February.
There are 7,500 Pizza Huts in the U.S., but changes in dining preferences mean people aren’t eating in the restaurants as frequently. Data from the National Restaurant Association indicates 60% of all the restaurant transactions are off-premises, whether through the drive-thru window, takeout, or delivery.
It noted, “Today’s consumers’ on-the-go lifestyles and require for convenience are driving increased off-premises usage across all formats.”
Pizza Hut has finally recognized the modification. In a bid to help make itself a bit more like rival Domino’s (NYSE:DPZ), which is almost wholly an off-premises operation, the Yum! Brands chain is converting most of its dine-in restaurants to a carryout/delivery format. It will remodel 500 within the next two years, or around 8% of their base.
Store expansion will be slowed as the conversion is underway, and it’s likely a lot of new stores it can open will fit this format. The advantage is that because such locations are smaller, they’re cheaper to build up and will maintain places that larger restaurants might not be appropriate.
It brings the shop much even closer to in which the customer is, an important feature of Domino’s “fortressing” plan, which is to load up a location featuring its pizza shops, even if it cuts into sales at its existing restaurants. The concept is the fact that overall sales will grow even when individual operators see declines.
A better pairing
Which may seem like a sketchy strategy, particularly from franchisees’ perspective. But offering an improved benefit from ordering from the restaurant — say, through making beer available — looks like a better long term strategy. Many Pizza Huts curently have a liquor license (only those that have anybody can participate in this system).
The original pilot program offered only Anheuser-Busch InBev (NYSE:BUD) brands, including Budweiser, Bud Light, Shock Top, and also a local craft beer. Pizza Hut subsequently expanded it to include beer from Molson Coors’ (NYSE:TAP) MillerCoors division, which supported the pilot with advertising. The response was overwhelming, from consumers and franchisees.
Wanda Williams, Pizza Hut’s v . p . for operations, told the MillerCoors blog: “When we glance at the quantity of new clients and incremental sales from beer delivery sales, we are able to say all have started at a significant rate. It’s an enormous initiative for people.”
Kicking off more growth
The beer delivery expansion will be timed perfectly for the Super Bowl. Pizza Hut scored a huge coup in the event it replaced Papa John’s since the NFL’s official pizza sponsor. Chicken wings and pizza are two of the most-ordered items throughout the game, and Pizza Hut offers both through its WingStreet business.
Yum! Brands has become working to develop Pizza Hut again following a two-decade decline in market share from 25% to 14% between 1995 and 2016. It has since stabilized the organization and comparable-store sales are up 1% year up to now and two% in the second quarter, improving on the flat comps in 2018.
Pizza Hut News.
A huge Pizza Hut operator buys 27 Arby’s locations.
The newly formed Quality Restaurant Group adds an additional brand name and names Matthew Slaine CEO.
A big Pizza Hut operator has a new brand and a brand new CEO.
Newly formed Quality Restaurant Group (QRG), which operates more than 200 Pizza Hut locations under its Quality Huts subsidiary, this week named a new CEO in Matthew Slaine and in addition acquired 27 Arby’s locations as it branches out into another brand.
The Raleigh, N.C.-based company acquired the 27 locations from another franchisee, the Bentley-Miller Group. The Arby’s division will be known as Quality Meats.
Slaine, meanwhile, will oversee the whole organization. He or she is a former CEO of Progressive Business Media, a marketing services and communications company. He had previously dealt with several financial services firms.
“The opportunity that QRG has within the quick-service industry is one of the best I’ve seen,” said Bob Crumley, QRG’s chairman along with a former executive of Hardee’s franchisee Boddie-Noell Enterprises, in a statement.
Quality Huts, backed by private-equity firm GenRock Capital Management, has become rapidly acquiring Pizza Hut locations in the Southeast. The addition of Arby’s and development of Quality Restaurant Group gives it a format tamygs which it can expand further, and not just with all the two existing brands.
“Having in the core of our business two of the very respected names in the QSR industry, including the most well-known name inside the pizza category, we have been primed for success having a significant pipeline of growth opportunities across our current and future brands,” said Matthew Ailey, founding father of GenRock, in a statement.
Quality Restaurant Group’s Pizza Hut locations will be in the Chicago, Indianapolis, Baltimore, Pittsburgh, and South Bend, Ind., markets. Its Arby’s will be in Colorado, Montana, Nebraska, Wyoming and South Dakota.