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Pizza Hut, LLC [3] is an American multinational pizza restaurant chain and international franchise founded in 1958 in Wichita, Kansas by brothers Dan and Frank Carney.The chain, headquartered in Plano, Texas, operates 19,866 restaurants worldwide as of 2023.
Brands, the parent company of KFC, Pizza Hut, Taco Bell and Wingstreet, acquired Habit. [19] The brothers decided to retire and sell their remaining restaurants to Yum! Brands in 2021. [20] The operations shifted in March 2022. [21] July 2024 saw its restaurants switch soft drinks, as a result of Yum! Brands' acquisition, from Coca-Cola to Pepsi.
In 2017, Yum! announced plans to open 10 Pizza Hut restaurants in Ethiopia, after signing a franchise with the country's Belayab Foods and Franchise PLC. [40] In January 2020, Yum! announced they were acquiring Irvine, California-based Habit Burger & Grill, for $375 million; the transaction was completed on March 18, 2020. [41] [42]
Pizza Hut has been losing its luster ever since the good old days of salad bars, Pac-man tables, and red plastic drink cups. Customers are looking for better value, and chains like the Hut are ...
Pizza Hut, owned by Yum Brands could use that, after experiencing a 1% decline in same-store sales in its most recent quarter. This story has been updated to clarify the contents of Hut ‘N Go meals.
The Gen Zer was already working 20 hours a week at a pizza shop in suburban Washington, D.C., or as she puts it, “one of the wealthiest, most influential neighborhoods in the world.”
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