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Pizza Hut

Financing

Pizza Hut owner Yum Brands could bring in new operators

The fast-food chain operator is working to help struggling franchisees but suggests outside investors could step in, too.

Financing

As the pandemic hit, consumers turned quickly to digital

Habit Burger, Pizza Hut and KFC saw their digital orders soar as consumers shifted their ordering habits.

The chain moved to replace underperforming dine-in restaurants with takeout- and delivery-only units

Yum Brands chains will also take workers’ temperatures and have them wear gloves as part of the company’s evolving response to the coronavirus.

The owner of KFC, Taco Bell and Pizza Hut says it is taking steps to shore up franchisees’ finances and has accessed its credit line.

Yum Brands, which also owns KFC and Pizza Hut, said it is “encouraging” its franchisees to take a similar step.

Taco Bell, Pizza Hut and McDonald’s have all introduced large takes on existing items.

The KFC, Pizza Hut and Taco Bell owner’s latest acquisition gives it a leadership development program for restaurant managers.

NPC International’s debt has been downgraded as the company has missed interest payments, says RB’s The Bottom Line.

KFC U.S. President Kevin Hochman will be interim president of the struggling chain, which also added two key executives.

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