Pizza Hut is an American restaurant chain and international franchise that was founded in 1958 in Wichita, Kansas by Dan and Frank Carney. The business is recognized for its Italian-American cuisine menu, including pizza and pasta, along with side dishes and desserts. Pizza Hut has 18,431 restaurants worldwide at the time 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 many world’s largest restaurant companies.
Although state and native laws limit where it may offer beer delivery, there are 22 states that permit it, and it also represents a smart method for Yum! Brands to cultivate Pizza Hut sales further.
The very 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, as being a single location in Wichita, Kansas. Half a year later they opened another outlet and in a year that 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 known as Aggieville near Kansas State University. The initial Pizza Hut restaurant east of 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, however 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 a part 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 start in Iraq. In Europe they are in Uk, 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, New Zealand in Oceania.
The company announced a rebrand that began on November 19, 2014, in order to increase sales, that have dropped in the last two 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 listing of 200 Most Influential Brands on the planet.
On June 25 and 27, 2019, it absolutely was reported that pizza hut near me is bringing back their logo with all the “Red Roof”, which was 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 the US, by the middle of 2021.
Pizza Hut Delivery.
Beer Delivery Spurs Pizza Hut Sales Growth.
Few things go together along with beer and pizza, that is likely why the Yum! Brands beer delivery program because of its Pizza Hut chain is certainly a success.
It started out 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 1,000 stores — perfect timing just in front of the Super Bowl in February.
You will find 7,500 Pizza Huts within the U.S., but changes in dining preferences mean people aren’t eating at the restaurants as often. Data from the National Restaurant Association indicates 60% of all the 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 modification. In a bid to create itself a little bit more like rival Domino’s (NYSE:DPZ), which can be almost wholly an off-premises operation, the Yum! Brands chain is converting a lot of its dine-in restaurants to a carryout/delivery format. It is going to remodel 500 on the next a couple of years, or around 8% of its base.
Store expansion is going to be slowed while the conversion is underway, and it’s likely a lot of new stores it does open will fit this format. The benefit is the fact that because such locations are smaller, they’re cheaper to develop and can remain in places that larger restaurants is probably not appropriate.
It brings the store much even closer to where the customer is, a vital feature of Domino’s “fortressing” plan, which is to load up an area featuring its pizza shops, even if it cuts into sales at its existing restaurants. The concept is the fact overall sales will grow even though individual operators see declines.
An improved pairing
That may seem like a sketchy strategy, particularly from franchisees’ perspective. But offering a better reap the benefits of ordering from your restaurant — say, through making beer available — seems like a much better long-term strategy. Many Pizza Huts have a liquor license (only people that have you can get involved in this program).
The initial 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 incorporate 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 consider the level of new business and incremental sales from beer delivery sales, we can say all have grown at a significant rate. It’s a massive initiative for us.”
Kicking off more growth
The beer delivery expansion will be timed perfectly for your Super Bowl. Pizza Hut scored a large coup in the event it replaced Papa John’s as 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 been working to develop Pizza Hut again after a two-decade decline in market share from 25% to 14% between 1995 and 2016. It provides since stabilized the organization and comparable-store sales are up 1% year up to now and 2Per cent inside the second quarter, improving on the flat comps in 2018.
Pizza Hut News.
A big Pizza Hut operator buys 27 Arby’s locations.
The newly formed Quality Restaurant Group adds another brand and names Matthew Slaine CEO.
A large Pizza Hut operator includes a new brand and a new CEO.
Newly formed Quality Restaurant Group (QRG), which operates a lot more 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 because 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 entire organization. He or she is a former CEO of Progressive Business Media, a marketing and advertising services and communications company. He had previously dealt with several financial services firms.
“The opportunity that QRG has in the quick-service industry is probably the best I’ve seen,” said Bob Crumley, QRG’s chairman as well as 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. Adding Arby’s and introduction of Quality Restaurant Group gives it a format tamygs which it may expand further, and not simply with the two existing brands.
“Having on the core of our business two of the very respected names in the QSR industry, like the most well-known name within the pizza category, we have been primed for achievement 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 have been in the Chicago, Indianapolis, Baltimore, Pittsburgh, and South Bend, Ind., markets. Its Arby’s will be in Colorado, Montana, Nebraska, Wyoming and South Dakota.