Pizza Hut

Financing

Pizza Hut appears to move further toward a sale

The Bottom Line: LongRange Capital, which has reportedly entered exclusive talks with Yum Brands for the pizza chain, focuses on long-term improvements, which is exactly what the brand needs.

Technology

Franchisee files lawsuit against Pizza Hut over mandatory tech

Chaac Pizza Northeast, which operates 111 locations, alleges the implementation of Dragontail software has caused operational disruptions and financial losses exceeding $100 million.

The Bottom Line: Yum Brands has spent years chasing trends with what had been the world’s largest pizza chain, which has put the brand in its current position.

Parent company Yum Brands is still conducting a strategic review of its struggling fast-food pizza chain but plans investments in marketing early this year as part of an agreement with franchisees.

The Bottom Line: The pizza chain’s shift from a full-service model to takeout and delivery was the biggest service model shift in restaurant industry history. But it has not spurred the growth for which the company hoped.

The Bottom Line: The fast-food chain operator is putting its pizza brand on the market. The chain had been struggling, distracting from the success of Taco Bell and KFC International.

The fast-food chain operator is exploring strategic options for its pizza brand after years of sales challenges, including a 6% decline in U.S. same-store sales in the third quarter.

Behind the Menu: A back-of-house hack in the pizza chain’s kitchens prompted the development of the portable, personal pies. Six months later, five variations launched, all with elevated toppings.

Joe Park, president of Byte by Yum, is leaving the fast-food chain operator while Taco Bell CEO Sean Tresvant is getting a promotion as part of a reorganization under new chief executive Chris Turner.

The new personal pizzas are rolling out in 20 countries, starting with a $5 deal in the U.S. geared to solo diners

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