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 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 will find 22 states that allow it, and it also represents a smart way 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 a second 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 made 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 called Aggieville near Kansas State University. The first 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, 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 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 an attempt to increase sales, which had dropped in the earlier two years. The menu was expanded introducing 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 on the planet.
On June 25 and 27, 2019, it absolutely was reported that pizza hut near me is bringing back their logo using the “Red Roof”, which had been 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 center of 2021.
Pizza Hut Delivery.
Beer Delivery Spurs Pizza Hut Sales Growth.
Few things go together in addition to beer and pizza, that is likely why the Yum! Brands beer delivery program for the Pizza Hut chain is really successful.
It started out as a small test in Arizona in 2017 and expanded to 300 locations in seven states earlier this coming year. By January 2020, it should be in one thousand stores — perfect timing just ahead of the Super Bowl in February.
There are 7,500 Pizza Huts within the Usa, but modifications in dining preferences mean people aren’t eating on the restaurants as often. Data from the National Restaurant Association indicates 60% of restaurant transactions are off-premises, whether via 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 modification. In a bid to help make 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 a lot of its dine-in restaurants to some carryout/delivery format. It can remodel 500 over the next 2 yrs, 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 does open will fit this format. The main benefit is that because such locations are smaller, they’re cheaper to develop and may maintain areas where larger restaurants is probably not appropriate.
It brings a store much nearer to where customer is, a key feature of Domino’s “fortressing” plan, which is to load up an area with its pizza shops, even though it cuts into sales at its existing restaurants. The idea is that overall sales will grow even if individual operators see declines.
A better pairing
Which may seem to be a sketchy strategy, particularly from franchisees’ perspective. But offering an improved benefit from ordering from your restaurant — say, through making beer available — looks like a much better long-term strategy. Many Pizza Huts have a liquor license (only people that have you can take part in this system).
The first 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 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 v . p . for operations, told the MillerCoors blog: “When we look at the amount of new customers and incremental sales from beer delivery sales, we can say all have become at a significant rate. It’s an enormous initiative for all of us.”
Kicking off more growth
The beer delivery expansion will be timed perfectly for your 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 most-ordered items during the game, and Pizza Hut offers both through its WingStreet business.
Yum! Brands continues to be working to formulate Pizza Hut again after a two-decade decline in market share from 25% to 14% between 1995 and 2016. It provides since stabilized the business and comparable-store sales are up 1% year up to now and 2Per cent 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 an additional logo and names Matthew Slaine CEO.
A large Pizza Hut operator has a new logo and a new CEO.
Newly formed Quality Restaurant Group (QRG), which operates more than 200 Pizza Hut locations under its Quality Huts subsidiary, in the week named a 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 is going to be called Quality Meats.
Slaine, meanwhile, will oversee the complete organization. He or she is a former CEO of Progressive Business Media, a marketing services and communications company. He had previously dealt with several financial services firms.
“The opportunity that QRG has within the quick-service industry is among 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 introduction of Quality Restaurant Group gives it a format tamygs which it could expand further, and not just using the two existing brands.
“Having at the core in our business two of the very most respected names in the QSR industry, such as the most popular name in the pizza category, we have been 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 are in the Chicago, Indianapolis, Baltimore, Pittsburgh, and South Bend, Ind., markets. Its Arby’s have been in Colorado, Montana, Nebraska, Wyoming and South Dakota.