Pizza Hut is an American restaurant chain and international franchise that was founded in 1958 in Wichita, Kansas by Dan and Frank Carney. The organization is known for its Italian-American cuisine menu, including pizza and pasta, as well as side dishes and desserts. Pizza Hut has 18,431 restaurants worldwide since 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 local laws limit where it may offer beer delivery, you will find 22 states that permit it, and it represents a smart way for Yum! Brands to cultivate 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. Six months later they opened a second outlet and within 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 is at Manhattan, Kansas, in a shopping and tavern district known as Aggieville near Kansas State University. The very first Pizza Hut restaurant east in 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 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 a part of Yum! spinoff Yum China), Hong Kong, Taiwan, South Korea, Myanmar, and Macau in Asia. Pizza Hut was one of the primary American franchises to open in Iraq. In Europe they may be 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, Nz in Oceania.
The company announced a rebrand that began on November 19, 2014, in an effort to increase sales, that had dropped in the earlier a couple of years. The menu was expanded to introduce various items such as 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 within the set of 200 Most Influential Brands in the World.
On June 25 and 27, 2019, it absolutely was reported that locationsnearmenow.net is bringing back their logo using the “Red Roof”, that was used from 1967 until 1999.
On August 7, 2019, Pizza Hut announced its intention to close about 500 of the 7,496 dine-in restaurants in the united states, by the center of 2021.
Pizza Hut Delivery.
Beer Delivery Spurs Pizza Hut Sales Growth.
Few things go together as well as beer and pizza, that is likely why the Yum! Brands beer delivery program for the Pizza Hut chain is really a success.
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 needs to 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 on the restaurants as much. Data from your 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 alteration. In a bid to create itself a little 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 two years, or around 8% of its base.
Store expansion will likely be slowed as the conversion is underway, and it’s likely more of the new stores it will open will fit this format. The main benefit is the fact that because such locations are smaller, they’re cheaper to produce and can maintain locations where larger restaurants might not be appropriate.
It brings the store much closer to where the customer is, a key feature of Domino’s “fortressing” plan, which would be to load up a location using its pizza shops, even when it cuts into sales at its existing restaurants. The concept is that overall sales will grow even when individual operators see declines.
An improved pairing
Which may seem like a sketchy strategy, particularly from franchisees’ perspective. But offering an improved take advantage of ordering out of your restaurant — say, simply by making beer available — appears like an improved long-term strategy. Many Pizza Huts already have a liquor license (only people that have you can participate in this 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 look at the quantity of new business and incremental sales from beer delivery sales, we can say all have grown with 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 big 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 most-ordered items during the game, and Pizza Hut offers both through its WingStreet business.
Yum! Brands continues to be 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 business and comparable-store sales are up 1% year currently and two% within the second quarter, improving on the flat comps in 2018.
Pizza Hut News.
A large Pizza Hut operator buys 27 Arby’s locations.
The newly formed Quality Restaurant Group adds another logo and names Matthew Slaine CEO.
A large Pizza Hut operator features a new logo and a whole 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 and in addition 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 likely be referred to as Quality Meats.
Slaine, meanwhile, will oversee the entire organization. He 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 and 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. Incorporating Arby’s and development of Quality Restaurant Group gives it a format tamygs which it may expand further, and not merely with the two existing brands.
“Having at the core in our business two of the very most respected names inside the QSR industry, such as the most well-known name in the pizza category, our company is primed for success with 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 will be in the Chicago, Indianapolis, Baltimore, Pittsburgh, and South Bend, Ind., markets. Its Arby’s are in Colorado, Montana, Nebraska, Wyoming and South Dakota.