Pizza Hut is an American restaurant chain and international franchise which was founded in 1958 in Wichita, Kansas by Dan and Frank Carney. The organization is recognized for its Italian-American cuisine menu, including pizza and pasta, in addition to side dishes and desserts. Pizza Hut has 18,431 restaurants worldwide since December 31, 2018, making it the world’s largest pizza chain in terms of 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 may offer beer delivery, you can find 22 states that permit it, and it also represents a smart way for Yum! Brands to grow 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, as being a single location in Wichita, Kansas. Half a year later they opened a second outlet and inside 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 was in Manhattan, Kansas, in a shopping and tavern district called Aggieville near Kansas State University. The 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 The United States, and India (not within the Pizza Hut division, but 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 among the first American franchises to start in Iraq. In Europe these 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; as well as in Australia, New Zealand in Oceania.
The company announced a rebrand that began on November 19, 2014, in an attempt to increase sales, that had dropped in the previous two years. The menu was expanded to introduce various items including 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 set of 200 Most Influential Brands in the World.
On June 25 and 27, 2019, it had been reported that closest Pizza Hut is returning their logo using the “Red Roof”, that 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 in addition to beer and pizza, which can be likely why the Yum! Brands beer delivery program for the Pizza Hut chain is such a hit.
It began being a small test in Arizona in 2017 and expanded to 300 locations in seven states earlier this season. By January 2020, it should be in one thousand stores — perfect timing just ahead of the Super Bowl in February.
You can find 7,500 Pizza Huts in the Usa, but modifications in dining preferences mean people aren’t eating at the restaurants as often. Data through 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 want for convenience are driving increased off-premises usage across all formats.”
Pizza Hut has finally recognized the alteration. In a bid to create itself a bit more like rival Domino’s (NYSE:DPZ), which can be almost wholly an off-premises operation, the Yum! Brands chain is converting most of its dine-in restaurants to some carryout/delivery format. It can remodel 500 on the next 2 yrs, or around 8% of its base.
Store expansion will be slowed whilst the conversion is underway, and it’s likely more of the new stores it does open will fit this format. The main benefit is the fact that because such locations are smaller, they’re cheaper to build up and may remain in places that larger restaurants may not be appropriate.
It brings the shop much nearer to where the customer is, a key feature of Domino’s “fortressing” plan, which would be to load up a place featuring its pizza shops, even when it cuts into sales at its existing restaurants. The thought is the fact that overall sales will grow even when individual operators see declines.
A better pairing
Which may sound like a sketchy strategy, particularly from franchisees’ perspective. But offering a better benefit from ordering out of your restaurant — say, through making beer available — looks like an improved long term strategy. Many Pizza Huts already have a liquor license (only people that have anybody can get involved in this program).
The initial pilot program offered only Anheuser-Busch InBev (NYSE:BUD) brands, including Budweiser, Bud Light, Shock Top, as well as 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: “Once we glance at the quantity of new customers and incremental sales from beer delivery sales, we could say all have grown in a significant rate. It’s a massive 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 as the NFL’s official pizza sponsor. Chicken wings and pizza are two of the very-ordered items through the game, and Pizza Hut offers both through its WingStreet business.
Yum! Brands has been working to develop 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 up to now and 2% within 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 logo and names Matthew Slaine CEO.
A big Pizza Hut operator includes a new logo 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 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 will likely be known as Quality Meats.
Slaine, meanwhile, will oversee the entire organization. He is a former CEO of Progressive Business Media, a marketing and advertising services and communications company. He had previously worked with several financial services firms.
“The opportunity that QRG has inside the quick-service industry is among 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, has become 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 with the two existing brands.
“Having in the core of our own business two of the very most respected names inside the QSR industry, like the most popular name in 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, founder 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 have been in Colorado, Montana, Nebraska, Wyoming and South Dakota.