Pizza Hut is an American restaurant chain and international franchise which was founded in 1958 in Wichita, Kansas by Dan and Frank Carney. The company is renowned 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., among the world’s largest restaurant companies.
Although state and native laws limit where it can offer beer delivery, you will find 22 states that allow it, and it 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, 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 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 at Manhattan, Kansas, in a shopping and tavern district referred to as Aggieville near Kansas State University. The initial 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 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 one of the first American franchises to open in Iraq. In Europe they may be in United Kingdom, 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 organization announced a rebrand that began on November 19, 2014, in order to increase sales, which had dropped in the earlier 2 yrs. 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 within the set of 200 Most Influential Brands on the planet.
On June 25 and 27, 2019, it was reported that closest Pizza Hut is bringing back their logo with all 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 america, 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 because of its Pizza Hut chain is such a hit.
It started off as 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 in the U.S., but modifications in dining preferences mean people aren’t eating on the restaurants as much. Data from the National Restaurant Association indicates 60% of restaurant transactions are off-premises, whether using 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 make 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 most of its dine-in restaurants to a carryout/delivery format. It will 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 a lot of new stores it can open will fit this format. The benefit is the fact that because such locations are smaller, they’re cheaper to develop and can maintain places that larger restaurants might not be appropriate.
It brings the store much even closer to where the customer is, an important feature of Domino’s “fortressing” plan, which would be to load up an area with its pizza shops, even if it cuts into sales at its existing restaurants. The idea is the fact overall sales will grow even when individual operators see declines.
A better pairing
Which may seem like a sketchy strategy, particularly from franchisees’ perspective. But offering a better reap the benefits of ordering from the 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 one can get involved in this system).
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: “When we consider the level of new customers and incremental sales from beer delivery sales, we are able to say all have become in a significant rate. It’s an enormous 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 if it replaced Papa John’s since 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 become 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 business and comparable-store sales are up 1% year up to now and 2Percent inside 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 sizable Pizza Hut operator features a new brand name and a new CEO.
Newly formed Quality Restaurant Group (QRG), which operates 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 called Quality Meats.
Slaine, meanwhile, will oversee the complete organization. He is a former CEO of Progressive Business Media, a marketing services and communications company. He had previously worked 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, has been rapidly acquiring Pizza Hut locations within the Southeast. Adding Arby’s and creation of Quality Restaurant Group gives it a format tamygs which it may expand further, and not simply with all the two existing brands.
“Having on the core in our business two of the very most respected names inside the QSR industry, including the most well known name within the pizza category, our company is 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.