Pizza Hut is an American restaurant chain and international franchise which was founded in 1958 in Wichita, Kansas by Dan and Frank Carney. The company is renowned for its Italian-American cuisine menu, including pizza and pasta, in addition to side dishes and desserts. Pizza Hut has 18,431 restaurants worldwide as of December 31, 2018, making it the world’s largest pizza chain when it comes to locations. It is a subsidiary of Yum! Brands, Inc., one of many world’s largest restaurant companies.
Although state and local laws limit where it may offer beer delivery, there are 22 states that permit it, and it represents a smart way for Yum! Brands to grow Pizza Hut sales further.
The initial 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, as being a single location in Wichita, Kansas. Six months later they opened an additional outlet and in a year they had six Pizza Hut restaurants. The brothers began franchising in 1959. The iconic Pizza Hut building style was created 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 was in Manhattan, Kansas, in a shopping and tavern district referred to as Aggieville near Kansas State University. The very first 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 North America, and India (not inside 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 among the first American franchises to open in Iraq. In Europe these are in Great Britain, 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 then in Australia, Nz in Oceania.
The organization announced a rebrand that began on November 19, 2014, in an effort to increase sales, that had dropped in the previous a couple of years. The menu was expanded introducing various items including crust flavors and 11 new specialty pizzas. Work uniforms for workers were also refreshed. In 2017, Pizza Hut was listed by UK-based company Richtopia at number 24 inside the set of 200 Most Influential Brands on the planet.
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 was used from 1967 until 1999.
On August 7, 2019, Pizza Hut announced its intention to seal about 500 of their 7,496 dine-in restaurants in the united states, 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 such a hit.
It began as being a small test in Arizona in 2017 and expanded to 300 locations in seven states earlier this coming year. By January 2020, it ought to be in 1,000 stores — perfect timing just in front of the Super Bowl in February.
There are 7,500 Pizza Huts in the Usa, but modifications in dining preferences mean people aren’t eating in the restaurants as frequently. Data from the National Restaurant Association indicates 60% of all restaurant transactions are off-premises, whether via the drive-thru window, takeout, or delivery.
It noted, “Today’s consumers’ on-the-go lifestyles and need for convenience are driving increased off-premises usage across all formats.”
Pizza Hut has finally recognized the change. In a bid to create itself a little 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 on the next a couple of years, or around 8% of their base.
Store expansion will likely be slowed whilst 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 may remain in locations where larger restaurants might not be appropriate.
It brings a store much closer to where the customer is, a vital feature of Domino’s “fortressing” plan, which is to load up a place featuring its pizza shops, even when it cuts into sales at its existing restaurants. The thought is the fact overall sales will grow even though individual operators see declines.
A better pairing
Which may seem to be a sketchy strategy, particularly from franchisees’ perspective. But offering a better reap the benefits of ordering out of your restaurant — say, simply by making beer available — seems like a much better long-term strategy. Many Pizza Huts already have a liquor license (only people that have anybody can get involved in the program).
The initial pilot program offered only Anheuser-Busch InBev (NYSE:BUD) brands, including Budweiser, Bud Light, Shock Top, in addition to a local craft beer. Pizza Hut subsequently expanded it to add 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 vice president for operations, told the MillerCoors blog: “Once we glance at the quantity of new business and incremental sales from beer delivery sales, we are able to say all have started in a significant rate. It’s a huge initiative for all of us.”
Kicking off more growth
The beer delivery expansion would be timed perfectly for the Super Bowl. Pizza Hut scored a big coup in the event it replaced Papa John’s since the NFL’s official pizza sponsor. Chicken wings and pizza are two of the very-ordered items throughout the game, and Pizza Hut offers both through its WingStreet business.
Yum! Brands has become working to formulate Pizza Hut again after having a two-decade decline in market share from 25% to 14% between 1995 and 2016. It offers since stabilized the business and comparable-store sales are up 1% year to date 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 a second brand name and names Matthew Slaine CEO.
A large Pizza Hut operator has a new logo and a whole new CEO.
Newly formed Quality Restaurant Group (QRG), which operates greater than 200 Pizza Hut locations under its Quality Huts subsidiary, this week named a whole new CEO in Matthew Slaine as well as acquired 27 Arby’s locations since 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 is going to be called Quality Meats.
Slaine, meanwhile, will oversee the entire organization. He or she is a former CEO of Progressive Business Media, an advertising and marketing services and communications company. He had previously dealt with several financial services firms.
“The opportunity that QRG has inside the quick-service industry is probably 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, continues to be rapidly acquiring Pizza Hut locations inside 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 simply using the two existing brands.
“Having on the core of our own business two of the very respected names within the QSR industry, like the most well-known name inside the pizza category, our company is 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.