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But third-party services appear to be eating into Pizza Hut’s market.
The credit downgrade for NPC International is another sign of the financial pressure franchisees are under, says RB’s The Bottom Line.
The Atlanta-based operator, which also owns Popeyes locations, added a third brand and closed in on 500 restaurants.
A distinctive management style, combined with indisputable success in expanding all three of Yum Brands' franchise chains, earned Greg Creed the distinction of being this year's Restaurant Leader of the Year.
The companies are planning to test the FedEx SameDay Bot this summer.
Parent company Yum Brands also reported same-store sales at Pizza Hut were positive thanks in part to its NFL deal, but sustained improvement will be a “slow build.”
The company veteran and former CFO will assume operating leadership of the global KFC division.
With Super Bowl Sunday fast approaching, where will consumers flock for wings?
Former Sweetgreen President Karen Kelley was named chief restaurant officer and Sonic veteran Anita Vanderveer was appointed chief people officer.
Up-and-coming restaurant chains and what’s propelling their growth
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
These 50 ideas go beyond what’s “cool” to deliver smart, trend-forward solutions that might just serve as an inspiration for others.