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 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 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 the world’s largest restaurant companies.
Although state and native laws limit where it could offer beer delivery, you will find 22 states that allow it, and it represents a smart means for Yum! Brands to grow 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. 6 months later they opened another outlet and within a year that 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 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 The United States, 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 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 open up in Iraq. In Europe they 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; as well as in Australia, New Zealand in Oceania.
The business announced a rebrand that began on November 19, 2014, in order to increase sales, which had dropped in the previous two years. The menu was expanded introducing 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 list of 200 Most Influential Brands in the World.
On June 25 and 27, 2019, it had been reported that nearest pizza hut is returning their logo using 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 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 can be likely why the Yum! Brands beer delivery program for its Pizza Hut chain is certainly a success.
It started out 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 1,000 stores — perfect timing just ahead of the Super Bowl in February.
You will find 7,500 Pizza Huts inside the United states, but alterations 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 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), that is almost wholly an off-premises operation, the Yum! Brands chain is converting many of its dine-in restaurants to a carryout/delivery format. It will remodel 500 over the next 2 yrs, 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 does open will fit this format. The main benefit is the fact because such locations are smaller, they’re cheaper to build up and can be in locations where larger restaurants might not be appropriate.
It brings the shop much even closer to where 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 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 from your restaurant — say, simply by making beer available — looks like an improved long term strategy. Many Pizza Huts curently have a liquor license (only those that have anybody can take part 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 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 glance at the amount of new business and incremental sales from beer delivery sales, we can say all have become at a significant rate. It’s a massive initiative for us.”
Kicking off more growth
The beer delivery expansion could be timed perfectly for that Super Bowl. Pizza Hut scored a huge coup when it replaced Papa John’s since the NFL’s official pizza sponsor. Chicken wings and pizza are two of the very-ordered items during 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 provides since stabilized the company and comparable-store sales are up 1% year up to now and 2% in 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 a second brand name and names Matthew Slaine CEO.
A big Pizza Hut operator features 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 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 be referred to as Quality Meats.
Slaine, meanwhile, will oversee the complete 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 in the quick-service industry is one of 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, continues to be rapidly acquiring Pizza Hut locations inside the Southeast. The addition of Arby’s and creation of Quality Restaurant Group gives it a format tamygs which it could expand further, and not merely using the two existing brands.
“Having at the core in our business two of the very 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 will be in Colorado, Montana, Nebraska, Wyoming and South Dakota.