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The first Pizza Hut opened on May 31, 1958, in Wichita, Kansas. PepsiCo acquired Pizza Hut in November 1977. [11] [12] On May 30, 1997, PepsiCo spun off Pizza Hut, along with Taco Bell and Kentucky Fried Chicken, into a new company named Tricon Global Restaurants, Inc. The company assumed the name of Yum! Brands on May 22, 2002. [13] [14]
In 2012, a KFC opened in Ramallah and became the first American fast food restaurant to operate in the West Bank; a Pizza Hut was also planned. [30] In 2013, a few KFC locations in China supplied chicken found to contain "excess levels of chemical residue". Yum! had lost 6% of sales from publicity in China as of January 25, 2013. [31]
Restaurant Brands was formed to acquire shares in KFC and Pizza Hut from PepsiCo. It acquired KFC in 1989 and Pizza Hut in 1995. The company originally purchased 122 stores, 91 KFC stores, 46 Pizza Hut stores and 2 Joint KFC and Pizza Hut stores. In 1997, it listed on the New Zealand Stock Exchange with an offer price of NZ$2.20.
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This is a list of pizza restaurant franchises. Franchising is the practice of the right to use a firm's successful business model and brand for a prescribed period of time. Pizza franchises
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AmRest Holdings SE is a European multinational casual dining, fast-food restaurant and coffee shop operator headquartered in the Spanish capital, Madrid.The company runs more than 2300 locations, mostly franchises of KFC, Pizza Hut and Starbucks, and also Burger King until 2022, but also operates its own brands of restaurants.
Just in time for the holidays, Pizza Hut has partnered with a winery to release its first-ever pizza wine. Heavy on the savory notes, Tomato Wine by Pizza Hut is crafted from ripe, juicy tomatoes ...